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WITCO CORPORATION FILES 2,500,000 SHARES OF COMMON STOCK AND DEBT SECURITY SHELF REGISTRATION

 NEW YORK, Feb. 10 /PRNewswire/ -- Witco Corporation (NYSE: WIT) filed today with the Securities and Exchange Commission a registration statement relating to a proposed offering of 2,500,000 shares of common stock. The planned offering, which will be made only be prospectus, will consist of 2,000,000 primary shares to be offered in the United States and 500,000 primary shares to be offered concurrently outside the United States. The offering will be managed by a group of underwriters led by Goldman, Sachs & Co., J.P. Morgan Securities Inc., and Smith Barney, Harris Upham & Co. Incorporated.
 Witco also filed a shelf registration statement covering up to $275 million principal amount of debt securities, including the $100 million shelf registration previously filed in February 1992.
 The proceeds of the offerings of both the common stock and the debt securities will be used to repay most of the $440 million of debt to banks incurred by Witco in its November 1992 purchase of the Industrial Chemicals and Natural Substances divisions of Schering AG.
 Witco Corporation is a worldwide manufacturer of specialty chemical and petroleum products as well as engineered materials. It operates 65 manufacturing facilities in 12 countries.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 2/10/93
 /CONTACT: C. R. Soderlind, group vice president, 212-605-3813, or S. L. Levy, manager public relations, 212-605-3815, both of Witco/
 (WIT)


CO: Witco Corporation ST: New York IN: CHM SU: OFR

LR-KD -- NY085 -- 5302 02/10/93 15:48 EST
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Publication:PR Newswire
Date:Feb 10, 1993
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