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ARCO Chemical Company Declares Dividend on Common Stock

    NEWTOWN SQUARE, Pa., Jan. 23 /PRNewswire/ -- The Directors of
ARCO Chemical Company (NYSE: RCM) have declared a quarterly dividend of
$0.70 per share payable March 7, 1997, to shareholders of record on
February 14, 1997.


SOURCE ARCO Chemical Company




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CONTACT:
Patricia A. Bartlett, Manager, Investor
Relations of ARCO Chemical Company, 610-359-3171