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ABLESTIK LABORATORIES TO ESTABLISH KOREAN SUBSIDIARY

 RANCHO DOMINGUEZ, Calif., June 18 /PRNewswire/ -- Ablestik Laboratories, a manufacturer of adhesives and encapsulants for electronic applications, has announced its intention to form a subsidiary in Korea, subject to the receipt of necessary government approvals. This commitment reflects the growing importance of the Korean semiconductor market.
 The company plans to open a Technical Service Center in 1993, followed by a manufacturing facility in 1994.
 Ablestik Laboratories, a subsidiary of National Starch and Chemical Company, is headquartered in Rancho Dominguez, and has facilities in Yokohama,, Japan and Cambridge, United Kingdom.
 National Starch and Chemical, a Unilever company, headquartered in Bridgewater, N.J., is a worldwide manufacturer of adhesives, resins, specialty chemicals and specialty starches with 1992 sales in excess of $1.8 billion.
 -0- 6/18/93
 /CONTACT: A.M. Glosecki, 310-761-4815, or H.M. Barry, 908-685-5013, both for Ablestik Laboratories/


CO: Ablestik Laboratories ST: California IN: SU:

PS-WB -- NY034 -- 3566 06/18/93 12:24 EDT
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Publication:PR Newswire
Date:Jun 18, 1993
Words:156
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