Exhibit 99


                            SPURLOCK INDUSTRIES, INC.
                                 125 BANK STREET
                             WAVERLY, VIRGINIA 23890




Monday, May 10, 1999                               CONTACT:   Phillip S. Sumpter
FOR IMMEDIATE RELEASE                                             (804) 834-8980

         RICHMOND,  VIRGINIA, May 10--Shareholders of Spurlock Industries,  Inc.
today approved the previously  announced merger of SII Acquisition  Company with
and  into  Spurlock  Industries,  Inc.  As a  result  of this  merger,  Spurlock
Industries,  Inc. will become a wholly-owned subsidiary of Borden Chemical, Inc.
Approximately 68.3% of the outstanding shares of Spurlock Industries,  Inc. were
voted in favor of the merger.  Each  outstanding  Spurlock  common share will be
converted,  upon  completion  of the merger,  into the right to receive $3.40 in
cash,  without interest,  subject to possible  downward  adjustments for certain
contingencies. Trading of Spurlock Industries, Inc.'s common stock on the NASD's
over-the-counter  bulletin board is expected to be terminated upon completion of
the merger. The merger is expected to occur on May 12, 1999.

         Spurlock,   which  produces   formaldehyde   and  resins,   will  be  a
wholly-owned  subsidiary  of Borden  Chemical,  Inc.  which is a  subsidiary  of
privately held Borden, Inc. Borden Chemical, Inc. is a leading global source for
formaldehyde, resins, melamine, adhesives, coating and other specialty chemicals
serving  a broad  range of  markets  including  the  forest  products,  foundry,
automotive, construction, composites, electronics and oilfield industries.




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