REICHHOLD <RCI> EXPLORING SALE OF EUROPEAN UNIT
Reichhold Chemicals Inc said
it is exploring the sale of its stake in its European
subsidiary Reichhold Chemie AG.
    Reichhold Chemie Ag, headquartered in Rausen, Switzerland,
had sales in excess of 75 mln dlrs last year. It is 83 pct
owned by Reichhold. The rest is owned by German and Swiss
shareholders.
    Reichhold said it is seeking the sale to focus on its
adhesives business.
 Reuter
