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ELECTROCHEMICAL INDUSTRIES (FRUTAROM) LTD. REPORTS ON LABOR DISPUTE

 ACRE, Israel, April 20 /PRNewswire/ -- Electrochemical Industries (Frutarom) Ltd. (AMEX: EIF), reported today on a labor dispute.
 In the course of negotiations with the workers' committee in order to reduce labor costs and to renew the labor agreement, the employees started, on April 19, 1993, sanctions and ceased operating the plants.
 In reaction to these measures, the management of the company called for the resumption of normal operation. The employees ignored this request.
 As a result, the management was compelled to take measures by a protective close-down.
 Electrochemical Industries (Frutarom) Ltd. manufactures and markets chemicals, raw materials, flavors and fragrances for a wide variety of industrial applications. As one of Israel's leading firms, EIF is the country's sole producer of PVC, which it markets both domestically and overseas.
 -0- 4/20/93
 /CONTACT: S. Donner of Electrochemical Industries (Frutarom) Ltd., in Israel, 972-4-851555/
 (EIF)


CO: Electrochemical Industries (Frutarom) Ltd. ST: IN: CHM SU:

SH-GK -- NY030 -- 7852 04/20/93 09:29 EDT
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Publication:PR Newswire
Date:Apr 20, 1993
Words:162
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