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UNION CARBIDE EXPECTS MODEST FOURTH-QUARTER LOSS

 UNION CARBIDE EXPECTS MODEST FOURTH-QUARTER LOSS
 DANBURY, Conn., Jan. 10 /PRNewswire/ -- Union Carbide Corporation


(NYSE: UK) today said that it expects a modest loss for the fourth quarter 1991, before consideration of any potential accruals for costs associated with severance.
 The company noted that Chemicals and Plastics profit margins were affected by a fourth-quarter spike in raw material prices, and by a protracted maintenance shutdown at its largest olefins unit (Texas City, Texas), as well as by the previously reported outage of the Seadrift, Texas, ethylene oxide unit.
 The company said it continues to review costs associated with the previously announced profit improvement program and is in the process of determining if there may be additional charges associated with severance.
 -0- 1/10/92
 /CONTACT: Tomm F. Sprick of Union Carbide, 203-794-6992/
 (UK) CO: Union Carbide Corporation ST: Connecticut IN: CHM SU: ERP


CK -- NY047 -- 8679 01/10/92 14:18 EST
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Publication:PR Newswire
Date:Jan 10, 1992
Words:152
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