1 EXHIBIT 99 DETREX CORPORATION BOX 5111 SOUTHFIELD, MI 48086-5111 PH: (248) 358-5800 FAX: (248) 358-5803 PRESS RELEASE April 27, 2000 DETREX CORPORATION - (NASDAQ-DTRX) Contact: Gerald J. Israel Phone: (248) 358-5800 FAX: (248) 358-5803 DETREX CORPORATION RENEWS STOCKHOLDER RIGHTS PLAN Southfield, Michigan - April 27, 2000 - Detrex Corporation (NASDAQ: DTRX), a diversified manufacturer of a broad range of chemicals and allied products for manufacturing and service industries, announced today that its Board of Directors has renewed the Company's shareholder rights plan designed to protect its shareholders from unsolicited, coercive takeover proposals. An amended and restated plan was adopted in the normal course of updating and extending the shareholder rights plan, which was scheduled to expire on May 4, 2000, and not in response to any acquisition proposal. The expiration date of the rights plan has been extended to May 4, 2010. The amended plan reflects prevailing shareholder rights plan terms, including a cashless exchange of the rights at the option of the Board of Directors of the Company.