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WITCO REPORTS 8 PERCENT INCREASE IN NET INCOME FOR 1991; FOURTH QUARTER 1991 SHOWS INCREASE OF 85 PERCENT

 WITCO REPORTS 8 PERCENT INCREASE IN NET INCOME FOR 1991;
 FOURTH QUARTER 1991 SHOWS INCREASE OF 85 PERCENT
 NEW YORK, Jan. 28 /PRNewswire/ -- Witco Corporation (NYSE: WIT) today reported net income for the full year of 1991 of $73,475,000 or $3.21 per common share, an increase of 8 percent over net income of $67,954,000, or $2.95 per common share for the comparable 1990 period. Net income for the fourth quarter of 1991 increased 85 percent to $19,515,000 or 85 cents per common share, as compared to $10,561,000, or 49 cents per common share for the same period of 1990.
 Sales for the full year of 1991 were $1,630,521,000 compared to sales of $1,631,481,000 for the comparable 1990 period. Fourth quarter 1991 sales of $390,516,000 compared to sales of $413,671,000 for the same period of 1990.
 Witco Chairman and Chief Executive Officer William R. Toller said, "We are pleased with Witco's year-end results achieved in a very difficult economic climate. Our continuing program of cost control and our policy of investment in modernization to improve operating efficiencies and achieve economies of scale are contributors to the bottom line. We believe 1992 will provide challenging global opportunities that our strong balance sheet will enable us to exploit."
 Witco manufactures specialty chemical and petroleum products and engineered materials.
 WITCO CORPORATION AND SUBSIDIARY COMPANIES
 Three months ended Dec. 31: 1991 1990
 Net sales $390,516,000 $413,671,000
 Income before federal and
 foreign income taxes 28,047,000 16,308,000
 Federal and foreign income taxes 8,532,000(A) 5,747,000
 Net income 19,515,000 10,561,000
 Net income per common share $.85 $.49
 Average number of common shares 24,641,000 24,401,000
 Year ended Dec. 31: 1991 1990
 Net sales $1,630,521,000 $1,631,491,000
 Income before federal and
 foreign income taxes 109,804,000 105,844,000
 Federal and foreign income taxes 36,329,000 37,890,000
 Net income 73,475,000 67,954,000
 Net income per common share $3.21 $2.95
 Average number of common shares 24,606,000 24,851,000
 (A) -- The reduction in the effective tax rate for the fourth quarter of 1991 was due to the utilization of foreign tax credit carryforwards.
 -0- 1/28/92
 /CONTACT: C.R. Soderlind, group vice president, 212-605-3813, or S.L. Levy, 212-605-3815, both of Witco/
 (WIT) CO: Witco Corporation ST: New York IN: CHM SU: ERN


TS-TM -- NY025 -- 4136 01/28/92 10:21 EST
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Date:Jan 28, 1992
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/ C O R R E C T I O N -- WITCO CORPORATION/
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