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CHEMICAL LEAMAN ANNOUNCES FIRST QUARTER 1992 RESULTS

 CHEMICAL LEAMAN ANNOUNCES FIRST QUARTER 1992 RESULTS
 EXTON, Pa., May 15 /PRNewswire/ -- Chemical Leaman Corporation


(NASDAQ: CLEA), whose subsidiaries include Chemical Leaman Tank Lines, Inc. and NuBulk Services, Inc., today reported first quarter revenues of $55,170,996 compared to $55,270,170 in the 1991 period.
 A net loss was reported for the period of $753,991 or $.84 per share. In the 1991 period, there was a net loss of $360,059 or $.40 per share.
 Chemical Leaman President David R. Hamilton reported that despite the loss, "We are encouraged by this year's results for several reasons: while revenues showed a slight decline from 1991, our business as measured on a mileage base increased 6.8 percent over the prior year with the trend further improving as we enter the second quarter; revenues in the prior year were affected by extraordinary fuel surcharges assessed in connection with the Middle East war; in the current year revenue levels were depressed by the shutdown and subsequent restructuring of our operations at a major terminal in Charleston, West Virginia, resulting in a loss of revenue of $1.3 million."
 Chemical Leaman Corporation is a Fortune 500 Service Company and the nation's largest bulk commodity distribution company that provides transportation of liquid, dry and gaseous bulk commodities; tank container hauling and maintenance; cleaning services for industrial transportation equipment and technical assistance in handling commodities in bulk. Its services are available in 49 states, Canada and Mexico.
 CHEMICAL LEAMAN CORPORATION AND SUBSIDIARIES
 Comparative Financial Report
 First quarter ended March 29, 1992 March 31, 1991
 Operating revenue $55,170,996 $55,270,170
 Net loss (753,991) (360,059)
 Net loss per share $(.84) $(.40)
 Weighted average shares outstanding 895,665 895,665
 /delval/
 -0- 5/15/92
 /CONTACT: Charles E. Fernald Jr., senior vice president-finance of Chemical Leaman, 215-363-4215/
 (CLEA) CO: Chemical Leaman Corporation ST: Pennsylvania IN: CHM SU: ERN


JS-CC -- PH023 -- 0764 05/15/92 12:51 EDT
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Date:May 15, 1992
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