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GREAT LAKES CHEMICAL DECLARES DIVIDEND

 WEST LAFAYETTE, Ind., Dec. 9 /PRNewswire/ -- Great Lakes Chemical Corporation (NYSE: GLK) today announced that the board of directors declared a regular quarterly dividend of $.09 per share payable on Feb. 1, 1994, to the holders of record of the common stock of the corporation on Jan. 1, 1994.
 Great Lakes recently announced record earnings and record revenues for both the third quarter and the first nine months of 1993. Net income for the 1993 third quarter climbed 14.2 percent to $68,497,000, or $.96 per share from the $60,002,000, or $.84 per share, earned in the corresponding quarter of last year. Revenues for the quarter rose to $476,242,000 from the $374,893,000 posted in the same period of 1992.
 Great Lakes Chemical Corporation, a Fortune 500 company, is the world's leading producer of bromine, brominated chemicals and furfural derivatives for such applications as flame retardants, agriculture, oil and gas well completion fluids, water sanitizers and other specialty applications. The stock of the company is traded on the New York Stock Exchange.
 -0- 12/9/93
 /CONTACT: David R. Bouchard or Gregory J. Griffith of Great Lakes Chemical Corporation, 317-497-6100/
 (GLK)


CO: Great Lakes Chemical Corporation ST: Indiana IN: CHM SU: DIV

KL -- CL013 -- 2320 12/09/93 15:46 EST
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Publication:PR Newswire
Date:Dec 9, 1993
Words:218
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