8-K

                      SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, DC  20549

                             ____________________

                                   FORM 8-K

                                CURRENT REPORT
                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported):    February 14, 2001
                                                     -----------------


                         American Pacific Corporation
                         ----------------------------
              (Exact Name of Registrant as Specified in Charter)


            Delaware              1-8137           59-6490478
- ------------------------------  -----------   ------------------
(State or Other Jurisdiction    (Commission     (IRS Employer
      of Incorporation)         File Number)  Identification No.)



3770 Howard Hughes Parkway, Suite 300, Las Vegas, Nevada             89109
- ------------------------------------------------------------------------------
  (Address of Principal Executive Offices)                          (Zip Code)



Registrant's telephone number, including area code:    (702) 735-2200
                                                    ---------------------



                                      N/A
                                      ---
        (Former Name or Former Address, if Changed Since Last Report.)

                                    Page 1


Item 5.  Other Events.
         ------------

On February 14,  2001,  American  Pacific  Corporation  issued the press release
annexed as an exhibit hereto, which is incorporated herein by reference.

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

(c)  Exhibits

     Exhibit No.    Description
     -----------    -----------

        99.1        Press Release dated February 14, 2001


                                   SIGNATURE
                                   ---------


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.


                              American Pacific Corporation



Dated: February 16, 2001    By:  /s/David N. Keys
                                 ----------------
                                 David N. Keys
                                 Executive Vice President
                                 & Chief Financial Officer


                                    Page 2

EX-99.1

                                 EXHIBIT 99.1


          AMERICAN PACIFIC CLAIMS UNJUST, UNREASONABLE ELECTRIC RATES

LAS VEGAS, NEVADA, FEBRUARY 14, 2001 / PR Newswire / -- American Pacific
Corporation's (NASDAQ National Market: APFC) division Western Electrochemical
Company (WECCO), a Cedar City, Utah operation that manufactures a chemical vital
to the United States' defense and space efforts, filed a complaint Wednesday
with the Public Service Commission ("PSC") against PacifiCorp, claiming it had
been charged unjust, unreasonable and discriminatory electric rates.

The complaint comes on the heels of a December 2000, electric bill from Utah
Power, which is owned by PacifiCorp, that was approximately 600% higher than
WECCO paid a year earlier.  WECCO also asserts that is has been overcharged some
$2.6 million since January 1999, for electricity at its plant near Cedar City.

In the complaint, WECCO makes 10 requests of the PSC to remedy the situation,
including asking the PSC to order PacifiCorp to provide electricity at prices no
higher than those paid by other industries in the state of Utah, refund all
charges that have exceeded just and reasonable prices and, consistent with its
current service agreement, make power available to WECCO ahead of PacifiCorp's
wholesale customers.

"When WECCO moved to Cedar City in 1988, we were assured of reasonable and
predictable power costs," said John R. Gibson, chief executive officer of
American Pacific Corporation.

"In addition," he said, "we were given assurances of power availability, or in
the event of interruption, adequate notice that would allow us to take whatever
mitigating actions we deemed necessary."

"Now, WECCO finds itself paying rates that threaten the company's existence in
Utah.  This is especially disconcerting when Utah Power enticed WECCO to Cedar
City with the promise of economically priced interruptible electricity," Gibson
said.

The chemical plant employees 200 people and is one of Cedar City's largest
employers.  Among other chemicals, the facility produces ammonium perchlorate.
It supplies this chemical to certain prime contractors of the United States
government for numerous space and defense programs that are critical to the
national security and space initiatives.  WECCO's customers in Utah include
Thiokol Propulsion, Alliant Techsystems, Inc. and Autoliv ASP, Inc.


                      Page 1 of Exhibit 99.1 to Form 8-K


Under terms of its service agreement with PacifiCorp, the utility provides WECCO
with 1 megawatt of firm power and 10 megawatts of power that can be interrupted.
It is the latter component that has caused the skyrocketing rate increases.

WECCO contends that PacifiCorp has curtailed the 10 megawatts, without providing
sufficient notification of the impending interruption, used WECCO's power to
fulfill the utility's commitments to its wholesale customers, and then sold back
to WECCO higher-cost replacement power.

A substantial portion of WECCO's costs of operating its Cedar City facility is
for electricity.  As a short-term measure and in an effort to mitigate these
unreasonable charges for electricity, WECCO has significantly reduced production
at the plant, relying instead upon existing inventory to meet contractual
requirements.

The PSC has scheduled an emergency hearing for WECCO's complaint on February 22,
2001.  The hearing will begin at 1:30 p.m. (m.s.t.) in the PSC offices in Salt
Lake City, Utah.

Forward Looking Statements

Except for the historical information contained herein, this News Release may
contain Forward Looking Statements that are subject to risks and uncertainties,
including potential declining demand and/or downward pricing pressures for the
Company's products, governmental budget constraints and/or decreases affecting
the U.S. Department of Defense or NASA which would cause a continued decrease in
demand for AP, technological advances or new or competitive products causing a
reduction or elimination of demand for the Company's products, as well as other
risks detailed from time to time in the Company's SEC reports, including the
most recent Form 10-K and 10-Q Reports.

American Pacific Corporation is a specialty chemical company that produces
products used primarily in space flight and defense systems, automotive airbag
safety systems and fire extinguishment systems.  The Company also designs and
manufactures environmental protection products and is involved in real estate
development.

                      Page 2 of Exhibit 99.1 to Form 8-K