8-K

UNITED STATES
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

Date of Report: July 15, 2004

Commission File Number: 1-9852

CHASE CORPORATION

(Exact name of registrant as specified in its charter)

Massachusetts	11-1797126
(State or other jurisdiction of incorporation of organization)	(I.R.S. Employer Identification No.)
26 Summer Street, Bridgewater, Massachusetts 02324
(Address of Principal Executive Offices, Including Zip Code)
(508) 279-1789
(Registrant’s Telephone Number, Including Area Code)

Item 7 – Financial Statements and Exhibits

(c) Exhibits

Number	Description
99.1	Press release issued by Chase Corporation on July 13, 2004

Item 12 – Results of Operations and Financial Condition

On July 13, 2004, Chase Corporation announced its financial results for the third quarter ended May 31, 2004. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this report shall not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such 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, thereunto duly authorized.

		Chase Corporation
Dated: July 15, 2004	By:	/s/ Peter. R. Chase
		Peter R. Chase
		President and Chief Executive Officer

EXHIBIT INDEX

Number	Description
99.1	Press release issued by Chase Corporation on July13, 2004

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EX-99.1

Exhibit 99.1

Chase Corporation
26 Summer Street, Bridgewater, MA 02324
TEL: (508) 279-1789 – FAX: (508) 697-6419
www.chasecorp.com
Amex: CCF

FOR IMMEDIATE RELEASE

CHASE CORPORATION ANNOUNCES HIGHER REVENUES AND EARNINGS
FOR THE NINE MONTHS AND THIRD QUARTER OF FISCAL 2004.
REVENUES AND INCOME BEFORE NON-RECURRING CHARGES
FOR THE NINE MONTHS HAVE INCREASED 21% AND 15%

Bridgewater, MA – July 13, 2004 – Chase Corporation (ASE:CCF) today reported revenues of $64,366,000 for the nine months ended May 31, 2004 compared with $53,401,000 for the same period last year.  Net income for the fiscal year to date was $2,891,000 or $0.72 per diluted share compared to $3,408,000 or $0.82 per diluted share in the prior year period.  Income before loss on minority interest and impairment of goodwill was $3,999,000 or $0.99 per diluted share for the nine months ended May 31, 2004 compared to $3,478,000 or $0.84 per diluted share in the prior year period.  Third quarter fiscal 2004 revenues were $22,201,000 with net income of $1,374,000 versus revenues of $19,502,000 and net income of $1,243,000 for the like period last year.

The goodwill impairment charge of $579,000 was a result of the Company’s December 2003 sale of its Sunburst Electronics Manufacturing Solutions, Inc. subsidiary (“Sunburst”) (See December 12, 2003 press release).  Additionally, the Company had determined that the fair value of its unconsolidated joint venture was less than the book value, thus requiring an impairment charge of $500,000 in the first quarter of fiscal 2004.  These non-recurring impairment charges had no impact on operating cash flow and will not impact fiscal 2004 dividends, which will be based on income before loss on minority interest and impairment of goodwill.

	For the Nine Months Ended May 31						For the Three Months Ended May 31
	2004			2003			2004			2003
Revenues	$	64,366,000		$	53,401,000		$	22,201,000		$	19,502,000
Income before loss on minority interest and impairment of goodwill:	$	3,999,000		$	3,478,000		$	1,378,000		$	1,238,000
Income (loss) on minority interest and impairment of goodwill:	$	(1,108,000	)	$	(70,000	)	$	(4,000	)	$	5,000
Net Income	$	2,891,000		$	3,408,000		$	1,374,000		$	1,243,000
Income before income (loss) on minority interest and impairment of goodwill per share:
Basic	$	1.05		$	0.86		$	0.37		$	0.31
Diluted	$	0.99		$	0.84		$	0.35		$	0.30
Net Income per share:
Basic	$	0.76		$	0.84		$	0.37		$	0.31
Diluted	$	0.72		$	0.82		$	0.35		$	0.30
Weighted average common shares outstanding:
Basic	3,796,000			4,047,000			3,679,000			4,047,000
Diluted	4,022,000			4,159,000			3,895,000			4,159,000

Certain statements in this press release are forward-looking.  These may be identified by the use of forward-looking words or phrases such as “believe”; “expect”; “anticipate”; “should”; “planned”; “estimated” and “potential” among others.  These forward-looking statements are based on Chase Corporation’s current expectations.  The Private Securities Litigation Reform Act of 1995 provides “safe harbor” for such forward-looking statements.

Chase Corporation is a diversified, advanced manufacturing company providing a wide-variety of high quality products and services to the specialty chemical, converting and electronic manufacturing industries.  The Company’s stock is traded on the American Stock Exchange (ASE:CCF).

For further information contact Paula Myers – Shareholder and Investor Relations Department (508) 279-1789 Ext. 219.

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