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REXENE CORPORATION ANNOUNCES AGREEMENT

 DALLAS, Dec. 6 /PRNewswire/ -- Rexene Corporation (NYSE: RXN) today announced that its United Kingdom subsidiary, Rexene Corporation Ltd. (RCL), has signed a long-term supply agreement with Kimberly-Clark Ltd. (KCL) to supply plastic film backsheet to KCL. Film backsheet is used in the production of diapers and training pants.
 Pending financing, Rexene is planning to construct a manufacturing facility in Humberside County, England. The plant, representing a $20 million investment, will become part of the operations of the CT Film division of Rexene and is expected to be operational in late 1994. When fully operational, CT Film will employ approximately 70 people. Site selection for the facility is now underway in the greater Scunthorpe metropolitan area. CT Film presently operates four manufacturing plants in the United States in Wisconsin, Georgia, Delaware and Utah.
 Andrew J. Smith, chief executive officer for Rexene said, "We take great pride in our 20 year relationship with Kimberly-Clark as they have established a worldwide leadership position in the disposable diaper industry. We are pleased they have chosen Rexene and CT Film as their partners in the United Kingdom. We think the European market offers exciting opportunities to Kimberly-Clark and Rexene."
 James Ruberto, president of CT Film, said, "CT Film has provided product and services to customers in Europe from the United States for many years, and our partnership with Kimberly-Clark should now allow us to increase our presence in European markets."
 Rexene Corporation manufactures thermoplastic resins and petrochemical products including polyethylene and polypropylene resins and plastic film. Rexene, headquartered in Dallas, Texas has manufacturing facilities in Texas, Wisconsin, Georgia, Delaware and Utah.
 -0- 12/6/93
 /CONTACT: Neil J. Devroy of Rexene Corporation, 214-450-9101/
 (RXN)


CO: Rexene Corporation Ltd.; Kimberly-Clark Ltd. ST: Texas IN: CHM SU: TNM

WB -- NY083 -- 0852 12/06/93 13:58 EST
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Publication:PR Newswire
Date:Dec 6, 1993
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