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AMOCO ANNOUNCES PRICE DECREASE FOR AMODEL(R) PPA RESINS

 AMOCO ANNOUNCES PRICE DECREASE FOR AMODEL(R) PPA RESINS
 ATLANTA, Feb. 21 /PRNewswire/ -- A price reduction of approximately


8 percent for filled grades of Amodel(R) polyphthalamide (PPA) resin products was announced here today by Amoco Performance Products, Inc.
 Products involved are the glass-reinforced, mineral-filled and glass/mineral-reinforced grades. Current schedule prices remain for the flame retardant, super impact and ductile grades.
 In making the announcement, Edward T. Shea, business development manager, attributed the reduction to improved economies of scale as Amodel products find increasing successes in a wide variety of markets. "They are displacing more costly engineering polymers in some applications, and improving cost-performance in others," he said.
 The new price schedule reduces glass-reinforced Amodel A-1115, A- 1133 and A-1145 HS truck load prices from $2.96 to $2.75 per pound. The 40 percent mineral-filled grade, Amodel A-1440, is reduced from $2.35 to $2.20. The 40 percent mineral/glass reinforced grade, Amodel A-1540 HS, drops from $2.65 to $2.43.
 Super-impact grade Amodel ET-1000 HS and ductile grade Amodel AD- 1000 remain at $2.98. Flame retardant grades, Amodel AF-1115 VO, AF- 1133 VO and AF-1145 VO, remain at schedule prices between $2.89 and $3.39.
 Amodel PPA was introduced in February, 1991 as a major new engineering thermoplastic, and was classified as such by ASTM. It is being produced in a semi-works facility while awaiting completion of a world-scale PPA plant at Amoco's Augusta, Ga. site. This unit is expected to be on stream within the next 12 months, according to Shea.
 Further information on Amodel PPA products is available from Amoco Performance Products, Inc., Suite 600, 375 Northridge Rd., Atlanta, GA 30350. Phone: 404-512-6700.
 -0- 2/21/92
 /CONTACT: Roy Duffus of Roy Duffus Associates, 201-934-1070, for Amoco Performance Products/ CO: Amoco Performance Products Inc. ST: Georgia IN: CHM SU:


SM-OS -- NY012 -- 1326 02/21/92 10:48 EST
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Date:Feb 21, 1992
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