ETHYL CORP
S-8 POS, 1995-12-29
CHEMICALS & ALLIED PRODUCTS
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                                        Registration Statement No. 33-44990


                    SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, DC 20549
                           ____________________

                      Post-Effective Amendment No. 1
                                 FORM S-8
                       REGISTRATION STATEMENT UNDER
                        THE SECURITIES ACT OF 1933
                           ____________________

                             ETHYL CORPORATION
              (Exact name of Issuer as specified in Charter)

      Virginia                                    54-0118820
(State or other jurisdiction of     (I.R.S. Employer Identification Number)
incorporation or organization)
                          330 South Fourth Street
                         Richmond, Virginia 23219
        (Address of principal executive office, including zip code)

                     SAVINGS PLAN FOR THE EMPLOYEES OF
                             ETHYL CORPORATION
              (with respect to designated wageroll employees)
                         (Full title of the Plan)
                           ____________________

                             Bruce C. Gottwald
               Chairman of the Board and Executive Committee
                             Charles B. Walker
                        Vice Chairman of the Board
                             Ethyl Corporation
                          330 South Fourth Street
                         Richmond, Virginia 23219
                               804-788-5000
(Name, address, including zip code, and telephone number including area code, 
                          of agents for service)

                              With copies to:
                                                    
Allen C. Goolsby, III, Esq.               Steven M. Mayer, Esq.
     Hunton & Williams                  E. Whitehead Elmore, Esq.
Riverfront Plaza, East Tower                Ethyl Corporation
   951 East Byrd Street                  330 South Fourth Street
Richmond, Virginia 23219-4074           Richmond, Virginia 23219
       804-788-8200                           804-788-5000
                                      <PAGE>
   
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       Pursuant to Registration Statement No. 33-44990 on Form S-8 
(the "Registration Statement"), Ethyl Corporation, a Virginia corporation 
(the "Company"), registered 175,500 shares of its Common Stock, $1.00 par
value per share, issuable under the Savings Plan for the Employees of Ethyl 
Corporation (the "Plan") with respect to designated wageroll employees in 
Houston, Texas and interests in the Plan.  The Company hereby removes from
registration all of the shares of Common Stock and interests in the Plan 
which remain unsold.  





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                                  SIGNATURES

   Pursuant to the requirements of the Securities Act of 1933, the Registrant 
certifies that it has reasonable grounds to believe that it meets all of the 
requirements for filing on Form S-8 and has duly caused this Post-Effective 
Amendment No. 1 to the Registration Statement to be signed on its behalf by 
the undersigned, thereunto duly authorized, in the City of Richmond, 
Commonwealth of Virginia, on this 20th day of December, 1995.


                                 ETHYL CORPORATION,
                                   (Registrant)



                                 By   /s/ Bruce C. Gottwald
                                     Bruce C. Gottwald
                                     Chairman of the Board and Chief 
                                     Executive Officer
   

   Pursuant to the requirements of the Securities Act of 1933, this Post-
Effective Amendment No. 1 to the Registration Statement has been signed by 
the following persons in the capacities indicated on this 20th day of
December, 1995.


             Signature                                   Title


By  /s/ Bruce C. Gottwald      Chairman of the Board, Chief Executive Officer
     Bruce C. Gottwald         and Director (Principal Executive Officer) 

By  /s/ Charles B. Walker      Vice Chairman of the Board, Chief Financial
     Charles B. Walker         Officer, Treasurer and Director
                               (Principal Financial Officer)

By  /s/ Wayne C. Drinkwater    Controller
     Wayne C. Drinkwater       (Principal Accounting Officer)

By  /*/ L. B. Andrew           Director
     L. B. Andrew

By                             Director
     William Berry

By                             Director
     Phyllis L. Cothran

By   /s/ Allen C. Goolsby      Director
     Allen C. Goolsby

By                             Director
     Bruce C. Gottwald, Jr.



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By  /*/ Floyd D. Gottwald, Jr. Vice Chairman and Director
     Floyd D. Gottwald, Jr.

By  /s/ Thomas E. Gottwald     President and Director
     Thomas E. Gottwald

By  /s/ William M. Gottwald    Director
     William M. Gottwald

By                             Director                                 
    Gilbert M. Grosvenor

By                             Director      
    Andre B. Lacy
    
By                             Director      
    Emmett J. Rice
  
By  /*/ Sidney Buford Scott    Director
     Sidney Buford Scott

*By /s/ Charles B. Walker        
     Charles B. Walker, Attorney-in-fact





The Plan.  Pursuant to the requirements of the Securities Act of 1933, the 
Plan has duly caused this Post-Effective Amendment No. 1 to the Registration 
Statement to be signed on its behalf by the undersigned, thereto duly
authorized, in the City of Richmond, Commonwealth of Virginia, on this 20th 
day of December, 1995.



                                 SAVINGS PLAN FOR THE EMPLOYEES
                                   OF ETHYL CORPORATION
                                      (Plan)

                                 By   /s/ Charles B. Walker       
                 
                                       Charles B. Walker, Chairman of the
                                       Employee Savings Plan Committee





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