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STERLING CHEMICALS, INC. ANNOUNCES CASH DIVIDEND

 HOUSTON, Jan. 4 /PRNewswire/ -- Sterling Chemicals, Inc. (NYSE: STX) announced today that its board of directors has declared a cash dividend for the quarter ended Dec. 31, 1992 of $.02 per share of Sterling common stock, $.01 par value per share, payable on Jan. 27, 1993 to holders of record at the close of business on Jan. 15, 1993.
 Sterling is a major producer of seven intermediate petrochemical products - styrene monomer, acrylonitrile, acetic acid, plasticizers, lactic acid, tertiary butylamine and sodium cyanide - at its facilities in Texas City, Texas. The company also recently purchased a pulp chemicals business which produces sodium chlorate at four plants in Canada and sodium chlorite at one plant in Canada, as well as licenses and constructs large-scale chlorine dioxide generators used by the pulp industry.
 Sterling is headquartered in Houston and its common stock is listed on the New York Stock Exchange under the symbol STX.
 -0- 1/4/93
 /CONTACT: J. David Heaney of Sterling Chemicals, 713-650-3700/
 (STX)


CO: Sterling Chemicals, Inc. ST: Texas IN: CHM SU: DIV

SM -- NY076 -- 1451 01/04/93 17:12 EST
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Publication:PR Newswire
Date:Jan 4, 1993
Words:183
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