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UNIVAR ANNOUNCES REDEMPTION OF DEBENTURES

 KIRKLAND, Wash., April 1 /PRNewswire/ -- Univar Corp. (NYSE: UVX) today announced that it is redeeming all its outstanding 9-3/4-percent Subordinated Sinking Fund Debentures amounting to approximately $1.8 million effective May 1, 1993.
 The debentures, listed on the New York Stock Exchange and originally due July 1, 1999, will be redeemed at 100.98 percent of the principal amount. The redemption amount plus interest accrued through May 1 will be paid on or after May 3, 1993, based upon receipt of the debentures by the paying agents. Agents for the redemption are First Trust of California, National Association and Chemical Bank, N.Y.
 James W. Bernard, Univar president and chief executive officer, said that the redemption will result in a lower cost of capital for the company.
 Paying Agents:
 First Trust National Association
 Corporate Trust Operations -- Third Floor
 P.O. Box 64111
 St. Paul, MN 55164-0111
 Chemical Bank
 P.O. Box 2862
 GPO Station
 New York, NY 10116
 -0- 4/1/93
 /CONTACT: Gary E. Pruitt, vice president-finance and treasurer, 206-889-3440, or Karen Weber-Millstein of corporate communications, 206-889-3475, both of Univar/
 (UVX)


CO: Univar Corp. ST: Washington IN: CHM SU:

GT-BR -- SE005 -- 1838 04/01/93 07:50 EST
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Publication:PR Newswire
Date:Apr 1, 1993
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