FORM 8-K
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                           ---------------------------




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



         Date of Report (date of earliest event reported): May 14, 2002


                   KAISER ALUMINUM & CHEMICAL CORPORATION
             (Exact name of Registrant as Specified in its Charter)



                                    DELAWARE
                 (State or other jurisdiction of incorporation)



                                     1-3605
                            (Commission File Number)



                                   94-0928288
                     (I.R.S. Employer Identification Number)



      5847 SAN FELIPE, SUITE 2600
            HOUSTON, TEXAS                              77057-3010
(Address of Principal Executive Offices)                (Zip Code)



                                 (713) 267-3777
              (Registrant's telephone number, including area code)



Item 5.    Other Events

      On May 14, 2002, Kaiser Aluminum & Chemical Corporation issued a press
release in the form attached hereto as Exhibit 99.1, which press release is
incorporated herein by reference.

Item 7.    Financial Statements and Exhibits

      (c)  Exhibits

           *Exhibit 99.1:  Press release dated May 14, 2002

--------------------------
*Included with this filing


                                   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.



                                    KAISER ALUMINUM & CHEMICAL CORPORATION
                                           (Registrant)

                                       /s/ Daniel D. Maddox

                                    By:   Daniel D. Maddox
Dated:  May 15, 2002                      Vice President and Controller


                                  EXHIBIT INDEX


Exhibit 99.1:   Press release dated May 14, 2002