KERR MCGEE CORP
8-K, 1998-04-15
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    Form 8-K


                                 CURRENT REPORT



                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934




                                 March 31, 1998
               (Date of Report - Date of earliest event reported)





                             KERR-MCGEE CORPORATION
             (Exact name of registrant as specified in its charter)


     Delaware                       1-3939                   73-0311467
     (State of             (Commission File Number)          (IRS Employer
  Incorporation)                                             Identification No.)



          Kerr-McGee Center
          Oklahoma City, Oklahoma                                       73125
          (Address of principal executive offices)                    (Zip Code)



                                 (405) 270-1313
                         (Registrant's telephone number)


<PAGE>


Item 5.        Other Events

        Kerr-McGee  Chemical LLC completes the purchase of the European titanium
dioxide pigment business from Bayer AG.


Item 7.       Financial Statements, Pro Forma Financial Information and Exhibits

              (c)      Exhibits

              99.1     News Release dated March 31, 1998, announcing Kerr-McGee
                       completes the purchase of the European  titanium dioxide
                       pigment business from Bayer AG.




                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                                          KERR-MCGEE CORPORATION


                                            By:    (Deborah A. Kitchens)
                                                   Deborah A. Kitchens
                                                   Vice President and Controller

Dated:     April 13, 1998


                                  EXHIBIT INDEX


Exhibit No.                                                 Description

    99.1                            News Release dated March 31, 1998 announcing
                                    Kerr-McGee  completes  the  purchase  of the
                                    European   titanium  dioxide  business  from
                                    Bayer AG.




                                                                    EXHIBIT 99.1

 Kerr-McGee Completes Acquisition of Bayer's European Titanium Dioxide Business

     OKLAHOMA CITY (March 31, 1998) -- Kerr-McGee  Chemical LLC today closed the
purchase  of the  European  titanium  dioxide  pigment  business  from Bayer AG.
Kerr-McGee Chemical is wholly owned by Kerr-McGee Corp. (NYSE: KMG).
     "We are  very  pleased  to have  quickly  and  efficiently  completed  this
transaction,"  said Luke R.  Corbett,  Kerr-McGee  chairman and chief  executive
officer.  "Addition  of  the  European  operations  to our  existing  production
facilities in the United States and Australia  provides a solid base to continue
to expand our titanium dioxide pigment business."
     Kerr-McGee  is an Oklahoma  City-based  energy and  chemical  company  with
assets of $3.1 billion.

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