ARCO CHEMICAL COMPANY DECLARES DIVIDEND ON COMMON STOCK

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ARCO CHEMICAL COMPANY DECLARES DIVIDEND ON COMMON STOCK

    NEWTOWN SQUARE, Pa., July 18 /PRNewswire/ -- The Directors of ARCO
Chemical Company (NYSE: RCM) have declared a quarterly dividend of
$0.70 per share payable September 6, 1996, to shareholders of record on
August 9, 1996.
    /delval/

CONTACT:
Thomas M. Mills, Manager, Investor Relations
of ARCO Chemical, 610-359-3171