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SPECIALTY CHEMICAL RESOURCES OF CLEVELAND BRINGS OFFERING TO THE AMERICAN STOCK EXCHANGE

 SPECIALTY CHEMICAL RESOURCES OF CLEVELAND BRINGS OFFERING TO
 THE AMERICAN STOCK EXCHANGE
 NEW YORK, Feb. 27 /PRNewswire/ -- The American Stock Exchange announced that Specialty Chemical Resources, Inc., of Cleveland began trading its common stock today. Trading under ticker symbol CHM, the stock opened on 180,500 shares at 10-7/8.
 Prior to this offering, the company's common stock was traded sporadically in the over-the-counter market.
 Specialty Chemical is a leading custom formulator and packager of specialty chemical products, primarily for the automotive service and industrial maintenance markets. Operating through its wholly owned subsidiary, Aerosol Systems, Inc., the company produces and sells over 1,200 proprietary chemical formulations, substantially all of which are packaged in aerosol containers. Their wide product line includes sealants, gasket components, lubricants, waxes, adhesives, paints, coatings and tire inflators.
 Approximately 87 percent of Specialty Chemical's products are sold under its customers' brand names. The company also produces and sells its own branded products under the "Taylor Made Products" and "Aerosol Maintenance Products" names.
 The American Stock Exchange is the second largest securities exchange in the United States and the largest American exchange with significant markets in both equities and derivative products. Today, it is an international institution on the cutting edge of trading floor technology, new product development and expansion into world markets through system linkages and globally traded products.
 -0- 2/27/92
 /CONTACT: Lisa Neuner of AMEX, 212-306-2028/
 (CHM) CO: Specialty Chemical Resources, Inc. ST: Ohio IN: CHM SU:


GK -- NY038 -- 3234 02/27/92 11:41 EST
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Publication:PR Newswire
Date:Feb 27, 1992
Words:253
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