Chem International, Inc.

Ticker: CXIL		201 Route 22
Exchange: NASDAQ-Small Cap Market		Hillside, New Jersey 07205
Industry: Manufacturing		(201) 926-0816

Type of Shares:	Common Shares	Filing Date:
U.S. Shares:	1,100,000	Offer Date:	10/29/96
Non-U.S. Shares:	0	Filing Price:	-
Primary Shares:	1,100,000	Offer Price:	$3.50
Secondary Shares:	0	Gross Spread:	$0.35
Offering Amount:	$0	Selling:	$0.17
Expenses:	$450,000	Reallowance:
Shares Out After:	4,170,000

Manager	Tier	Phone
Monroe Parker & Company	Lead Manager	(914) 696-4200

Auditor: Cornick, Garber & Sandler
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	6/30/96				6/30/96
Revenue:	$10.64			Assets:	$7.70
Net Income:	$0.04			Liabilities:	$4.11
EPS:	$0.01			Equity:	$3.59
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company is engaged primarily in manufacturing, marketing and sales of vitamins, nutritional supplements and herbal products. The company also is involved in manufacturing vitamins sold as single entity supplements, in multi-vitamin combinations and in varying potency levels and in different packaging sizes. The company's subsidiary, Manhattan Drug Company, Inc., manufactures the vitamins and nutritional supplements for sale to distributors, multi-level marketers and specialized health-care providers. The company also manufactures such products for sale under its own private brand, "Vitamin Factory," at its retail store in Hillside, New Jersey or through mail order.

Use of Proceeds

The company intends to utilize the net proceeds from this offering, estimated at approximately $3,015,000, for marketing and advertising, hiring additional employees, the purchase of equipment and leasehold improvements, the repayment of Bridge Notes and for working capital.

Last updated: 11/27/96