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ARCO Chemical Company Declares Dividend On Common Stock

    NEWTOWN SQUARE, Pa., July 17 /PRNewswire/ -- The Directors of ARCO
Chemical Company (NYSE: RCM) have declared a quarterly dividend of $0.70 per
share payable September 5, 1997 to shareholders of record on August 8, 1997.


SOURCE ARCO Chemical Company




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