<HTML>
<head>
<Title>Great Lakes - Form S-8</title></head>
<BODY>

<P align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Registration No. 33-___________</font></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
SECURITIES AND EXCHANGE COMMISSION<br>
<U>Washington, D.C. 20549</U><br>
<br>
FORM S-8<br>
REGISTRATION STATEMENT UNDER<br>
<U>THE SECURITIES ACT OF 1933</U><br>
<br>
<U>Great Lakes Chemical Corporation</U><br>
(Exact name of registrant as specified in its charter)<br>
</font></P>

<TABLE width=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<TD  width=25% valign=top align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>Delaware</U></font><br>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(State or other jurisdiction of<BR>
incorporation or organization)
</font>
</TD>

<td></td>

<TD width=25% valign=top align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<U>95-1765035</U><br>
(I.R.S. Employer<br>
Identification No.)</font>
</TD>
</TR>

<TR>

<td></td>

<TD width=50% align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
500 East 96th Street, Suite 500<br>
<U>Indianapolis, Indiana  46240</U><br>
(Address of Principal Executive Offices)<br>
<br>
Great Lakes Chemical Corporation<br>
<u>2002 Stock Option and Incentive Plan</U><br>
(Full title of the plan)<br>
<br>
Karen Witte Duros<br>
Vice President and<br>
Associate General Counsel<br>
Great Lakes Chemical Corporation<br>
500 East 96th Street, Suite 500<br>
<U>Indianapolis, Indiana  46240</U><br>
(Name and address of agent for service)<br>
<br>
<U>(317) 715-3000</U><br>
(Telephone number, including area code, of agent for service)<br>
<br>
Copies to:<br>
<br>
Craig C. Burke<br>
Ice Miller<br>
One American Square, Box 82001<br>
Indianapolis, Indiana  46282<br>
</font>
</TD>
</TR>

</TABLE>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
CALCULATION OF REGISTRATION FEE</font></P>
<hr>

<TABLE width=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<TD valign=bottom align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Title of securities<br>
to be registered</font></td>

<TD valign=bottom align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Amount to be<br>
registered</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Proposed<br>
maximum offering<br>
price per unit</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Proposed maximum<br>
aggregate offering<br>
price<sup>(1)</sup></font></td>

<TD valign=bottom align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Amount of<br>
registration fee</font></td></tr>

<tr>
<TD colspan=5 align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<hr></font></td></tr>

<tr>
<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Common Shares</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
2,500,000 shares</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
$26.01</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
$65,025,000</font></td>

<TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
$5,982.30</font></td>
</tr>

<tr>
<TD colspan=5 align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<hr></font></td></tr>

</table>

<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td valign=top align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(1)</font></td>

<td valign=top align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The  registration  fee has been calculated  pursuant to Rule 457(c) and (h)
     based upon the average of the high and low prices  reported  for the Common
     Shares on October 22, 2002.
</font></td>
</tr>
</table>

<PAGE>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>PART II</b><br>
<b>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</b><br>
</font></p>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;Incorporation of Documents by Reference.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The following  information  heretofore  filed with the  Securities  and Exchange
Commission  ("Commission")  pursuant to the Securities  Exchange Act of 1934, as
amended (the "Exchange Act"), is incorporated herein by reference:</font></P>

<TABLE width=95% CELLPADDING=4 CELLSPACING=0 BORDER=0>

<tr>
<td width=5% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(a)</font></td>
<td width=95%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The Annual  Report on Form 10-K of Great Lakes  Chemical  Corporation
(the "Registrant"), for the year ending December 31, 2001.</font></div></td></tr>

<tr>
<td width=5% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(b)</font></td>
<td width=95%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The  Registrant's  Quarterly  Report on Form 10-Q,  for the quarters  ended
March 31, 2002 and June 30, 2002.</font></div></td></tr>

<tr>
<td width=5% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(c)</font></td>
<td width=95%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The  Registrant's  Current  Report on Form 8-K,  filed on June 14, 2002 and
August 2, 2002.</font></div></td></tr>

<tr>
<td width=5% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(d)</font></td>
<td width=95%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
 The information set forth under the caption  "Description of Securities" in
     Item 1. of the  Registrant's  Form 8-A (No. 88080052),  filed  March 30,
     1988, including any amendments or reports filed for the purpose of updating
     that description.</font></div></td></tr>

</table>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and
15(d)  of the  Exchange  Act,  subsequent  to the  filing  of this  Registration
Statement and prior to the filing of a  post-effective  amendment that indicates
that all of the securities offered hereby have been sold or that deregisters all
such  securities  then remaining  unsold,  shall be deemed to be incorporated by
reference in this  Registration  Statement and to be a part hereof from the date
of filing of those documents.  Any statement  contained herein or in a document,
all or a  portion  of which is  incorporated  or deemed  to be  incorporated  by
reference  herein,  shall be deemed to be modified or superseded for purposes of
this Registration  Statement to the extent that a statement  contained herein or
in any  other  subsequently  filed  document  which  also is or is  deemed to be
incorporated by reference herein modifies or supersedes such statement. Any such
statement so modified or superseded  shall not be deemed,  except as so modified
or amended, to constitute a part of this Registration Statement.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;Description of Securities.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Not applicable.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;Interests of Named Experts and Counsel.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Not applicable.</font></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;2&nbsp;&#150;</FONT></P>
<PAGE>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 6.&nbsp;&nbsp;&nbsp;&nbsp;Indemnification of Directors and Officers.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Section 145  of the Delaware   General  Corporation Law (the &#147;DGCL&#148;)  authorizes a
corporation  to  indemnify a person  against  expenses  and  certain   liabilities
incurred  by  him  in   connection  with any  proceeding  in which he is involved by
reason of his being or having been a director,  officer,  employee,  or agent of
the  corporation  or  its  affiliates.   Further,   the  Ninth  Article  of  the
Registrant's Certificate of Incorporation and Article VII of its By-Laws provide
for  indemnification,  to  the  full  extent  permitted  by  the  DGCL,  of  the
Registrant's  directors and officers. The Registrant maintains so-called "D &amp; O"
liability  insurance  coverage,   which  insures  certain  of  the  Registrant's
directors  and  officers  against  personal  loss  incurred in the  discharge of
Registrant  responsibilities (subject to certain exclusions).  Reference is made
to the last  paragraph  of Item 9 below  with  respect  to  indemnification  for
liabilities  arising under the Securities  Act of 1933, as amended,  required or
permitted to directors, officers, or persons controlling the Registrant pursuant
to the foregoing provisions.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;Exemption From Registration Claimed.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Not applicable.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 8.&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The Index to  Exhibits,  which  immediately  precedes  the exhibits and which is
incorporated by reference herein, contains a list of all exhibits.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>Item 9.&nbsp;&nbsp;&nbsp;&nbsp;Undertakings.</b>
</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
The undersigned Registrant hereby undertakes:</font></P>

<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td width=5% valign=top><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(1)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
To file,  during  any  period in which  offers or sales are being  made,  a
     post-effective amendment to this Registration Statement:</font></div></td></tr>
</table>

<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td width=20% valign=top align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(i)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
To  include  any  prospectus  required  by  section  10(a)(3)  of  the
          Securities Act of 1933, as amended (the "Securities Act");</font></div></td></tr>

<tr>
<td width=20% valign=top align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(ii)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
To reflect in the  prospectus  any facts or events  arising  after the
          effective  date of the  Registration  Statement  (or the  most  recent
          post-effective   amendment  thereof)  that,  individually  or  in  the
          aggregate, represent a fundamental change in the information set forth
          in the Registration Statement;</font></div></td></tr>

<tr>
<td width=20% valign=top align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(iii)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
To  include  any  material  information  with  respect  to the Plan of
          distribution not previously disclosed in the Registration Statement or
          any material change to such information in the Registration Statement.</font></div></td></tr>
</table>

<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td WIDTH=5%><br></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Provided,  however,  that  paragraphs  (1)(i) and (1)(ii) shall not apply if the
information  required  to be  included in a  post-effective  amendment  by those
paragraphs  is  contained  in periodic  reports  filed with or  furnished to the
Commission  by the  Registrant  pursuant  to Section 13 or Section  15(d) of the
Exchange Act that are incorporated by reference in the Registration Statement.</font></div></td></tr>
</table>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<BR><BR><BR>&#150;&nbsp;3&nbsp;&#150;</FONT></P>
<PAGE>


<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td valign=top align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(2)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
That for the purpose of determining any liability under the Securities Act,
     each such post-effective amendment shall be deemed to be a new registration
     statement relating to the securities  offered therein,  and the offering of
     such  securities  at that time shall be deemed to be the initial  bona fide
     offering thereof.</font></div></td></tr>


<tr align=justify>
<td valign=top align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(3)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
To remove from  registration by means of a post-effective  amendment any of
     the securities  being  registered  that remain unsold at the termination of
     the offering.</font></div></td></tr>

<tr align=justify>
<td valign=top align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
(4)</font></td>
<td width=100%><div align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
That, for purposes of determining  any liability  under the Securities Act,
     each filing of the Registrant&#145;s  annual report pursuant to Section 13(a) or
     Section 15(d) of the Exchange Act (and, where applicable, each filing of an
     employee  benefit  plan&#145;s  annual  report  pursuant to Section 15(d) of the
     Exchange  Act)  that  is  incorporated  by  reference  in the  Registration
     Statement shall be deemed to be a new  registration  statement  relating to
     the securities offered therein, and the offering of such securities at that
     time shall be deemed to be the initial bona fide offering thereof.
</font></div></td></tr>
</table>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Insofar as indemnification  for liabilities arising under the Securities Act may
be permitted to directors,  officers,  and controlling persons of the Registrant
pursuant to the foregoing  provisions,  or otherwise,  the  Registrant  has been
advised that in the opinion of the Commission  such  indemnification  is against
public  policy  as  expressed  in  the   Securities   Act  and  is,   therefore,
unenforceable.  In the  event  that a claim  for  indemnification  against  such
liabilities  (other than the payment by the  Registrant of expenses  incurred or
paid by a  director,  officer or  controlling  person of the  Registrant  in the
successful  defense of any  action,  suit or  proceeding)  is  asserted  by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as  expressed  in the  Securities  Act and will be  governed by the final
adjudication of such issue.</font></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;4&nbsp;&#150;</FONT></P>
<PAGE>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<U>SIGNATURES</U></font><br>
</P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable  grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused  this  Registration  Statement  to be
signed on its behalf by the undersigned,  thereunto duly authorized, in the City
of Indianapolis, State of Indiana, on October 24, 2002.</font></P>

<TABLE width=90% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<td width=45%>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
GREAT LAKES CHEMICAL CORPORATION<br>
<br>
<br>
<br>
By:&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/ Mark P. Bulriss
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Mark P. Bulriss, President and Chief<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Officer
</font>
</TD>
</TR>
</TABLE>
<br>
<br>
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<U>POWER OF ATTORNEY</U>
</font></p>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Know all men by these presents,  that each person whose signature  appears below
constitutes  and appoints John J. Gallagher III,  Jeffrey M. Lipshaw,  and Karen
Witte  Duros,  and each or any of them (with full power to act alone),  his true
and lawful  attorneys-in-fact  and agents  with full power of  substitution  and
resubstitution,  for  him  and in his  name,  place  and  stead,  in any and all
capacities,  to sign any and all amendments to this Registration Statement,  and
to file the same, with all exhibits  thereto,  and other documents in connection
therewith,  with the  Securities  and Exchange  Commission,  granting unto those
attorneys-in-fact and agents full power and authority to do and perform each and
every  act and  thing  requisite  and  necessary  to be done  in and  about  the
premises,  as  fully  to all  intents  and  purposes  as he might or could do in
person,  hereby  ratifying and confirming all that those  attorneys-in-fact  and
agents, or their substitutes, may do or cause to be done by virtue hereof.</font></P>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the  requirements of the Securities Act of 1933,  this  Registration
Statement has been signed by the following  persons in the capacities  indicated
on October 24, 2002.</font></P>

<TABLE width=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Mark P. Bulriss<hr align=left width=80%>
Mark P. Bulriss</font></td>

<TD valign=bottom><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Chairman, President, Chief Executive Officer, and<br>
&nbsp;&nbsp;&nbsp;&nbsp;Director (Principal Executive Officer)</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ John J. Gallagher III<hr align=left width=80%>
John J. Gallagher III</font></td>

<TD valign=bottom><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Senior Vice President, Chief Financial Officer<br>
&nbsp;&nbsp;&nbsp;&nbsp;(Principal Financial Officer)</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ William L. Sherwood<hr align=left width=80%>
William L. Sherwood</font></td>

<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Vice President, Corporate Controller<br>
&nbsp;&nbsp;&nbsp;&nbsp;(Principal Accounting Officer)</font></td></tr>
</table>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;5&nbsp;&#150;</FONT></P>
<PAGE>

<TABLE width=60% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Nigel D. T. Andrews<hr align=left width=80%>
Nigel D. T. Andrews</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ James W. Crownover<hr align=left width=80%>
James W. Crownover</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Thomas M. Fulton<hr align=left width=80%>
Thomas M. Fulton</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Martin M. Hale<hr align=left width=80%>
Martin M. Hale</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Louis E. Lataif<hr align=left width=80%>
Louis E. Lataif</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ John C. Lechleiter<hr align=left width=80%>
John C. Lechleiter</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Mack G. Nichols<hr align=left width=80%>
Mack G. Nichols</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

<TR>
<TD><br><br><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
/s/ Jay D. Proops<hr align=left width=80%>
Jay D. Proops</font></td>

<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<br>Director</font></td></tr>

</table>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;6&nbsp;&#150;</FONT></P>
<PAGE>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the  requirements  of the  Securities  Act of 1933,  the trustee (or
other person who  administers  the employee  benefit  plan) has duly caused this
registration statement to be signed on its behalf by the undersigned,  thereunto
duly  authorized,  in the City of  Indianapolis,  State of  Indiana  on  October
24, 2002.</font></P>

<TABLE width=90% CELLPADDING=0 CELLSPACING=0 BORDER=0>

<TR>
<td width=45%>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
GREAT LAKES CHEMICAL CORPORATION<br>
2002 STOCK OPTION AND INCENTIVE PLAN<BR>
<br>
<br>
<br>
By:&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/ William L. Sherwood&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
William L. Sherwood, Vice President and<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Controller
</font></TD>
</TR>
</TABLE>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;7&nbsp;&#150;</FONT></P>
<PAGE>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<b>GREAT LAKES CHEMICAL CORPORATION</b><BR>
<b>Form S-8</b><BR>
<BR>
<b>INDEX TO EXHIBITS</b>
</font><br><br></P>

<TABLE width=100% CELLPADDING=8 CELLSPACING=0 BORDER=0>

<tr>
<td width=20% valign=bottom align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Exhibit Number<BR>
Assigned in<BR>
Regulation S-K<BR>
<U>&nbsp;&nbsp;&nbsp;Item 601&nbsp;&nbsp;&nbsp;</U></font></td>

<TD valign=bottom><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<U>Description of Exhibit</U>
</FONT>
</TD>
</TR>

<tr>
<td valign=top align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>4.1</font></td>
<TD align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Specimen certificate for shares of Common Stock of the Registrant  (incorporated
by reference to Exhibit 4.1 of the Registrant's  Registration  Statement on Form
S-8 (No. 33-61609), filed August 17, 1998).
</FONT>
</TD>
</TR>

<tr>
<td align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>5.1</font></td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Opinion of Ice Miller.
</FONT>
</TD>
</TR>

<tr>
<td align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>15.1</font></td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
No Exhibit.
</FONT>
</TD>
</TR>

<tr>
<td align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>23.1</font></td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Consent of Ernst &amp; Young LLP.
</FONT>
</TD>
</TR>

<tr>
<td align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>24.1</font></td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
Power of Attorney (See Signature Page).
</FONT>
</TD>
</TR>

<tr>
<td align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3>99.1</font></td>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
No Exhibit.
</FONT>
</TD>
</TR>
</table>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR>&#150;&nbsp;8&nbsp;&#150;</FONT></P>

</body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "greatlakess8.htm", "description": "FORM S-8 GREAT LAKES CHEMICAL CORPORATION", "secsgml_size_bytes": 25369}]
{"company-data": {"conformed-name": "GREAT LAKES CHEMICAL CORP", "cik": "0000043362", "assigned-sic": "2890", "irs-number": "951765035", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-100787", "film-number": "02800024"}, "business-address": {"street1": "500 EAST 96TH STREET", "street2": "SUITE 500", "city": "INDIANAPOLIS", "state": "IN", "zip": "46240", "phone": "3177153000"}, "mail-address": {"street1": "500 EAST 96TH STREET", "street2": "SUITE 500", "city": "INDIANAPOLIS", "state": "IN", "zip": "46240"}, "former-company": [{"former-conformed-name": "MCCLANAHAN OIL CO", "date-changed": "19700925"}, {"former-conformed-name": "GREAT LAKES OIL & CHEMICAL CO", "date-changed": "19700925"}]}
Great Lakes - Form S-8
Registration No. 33-___________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
Great Lakes Chemical Corporation
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
95-1765035
(I.R.S. Employer
Identification No.)
500 East 96th Street, Suite 500
Indianapolis, Indiana  46240
(Address of Principal Executive Offices)
Great Lakes Chemical Corporation
2002 Stock Option and Incentive Plan
(Full title of the plan)
Karen Witte Duros
Vice President and
Associate General Counsel
Great Lakes Chemical Corporation
500 East 96th Street, Suite 500
Indianapolis, Indiana  46240
(Name and address of agent for service)
(317) 715-3000
(Telephone number, including area code, of agent for service)
Copies to:
Craig C. Burke
Ice Miller
One American Square, Box 82001
Indianapolis, Indiana  46282
CALCULATION OF REGISTRATION FEE
Title of securities
to be registered
Amount to be
registered
Proposed
maximum offering
price per unit
Proposed maximum
aggregate offering
price
(1)
Amount of
registration fee
Common Shares
2,500,000 shares
$26.01
$65,025,000
$5,982.30
(1)
The  registration  fee has been calculated  pursuant to Rule 457(c) and (h)
     based upon the average of the high and low prices  reported  for the Common
     Shares on October 22, 2002.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.    Incorporation of Documents by Reference.
The following  information  heretofore  filed with the  Securities  and Exchange
Commission  ("Commission")  pursuant to the Securities  Exchange Act of 1934, as
amended (the "Exchange Act"), is incorporated herein by reference:
(a)
The Annual  Report on Form 10-K of Great Lakes  Chemical  Corporation
(the "Registrant"), for the year ending December 31, 2001.
(b)
The  Registrant's  Quarterly  Report on Form 10-Q,  for the quarters  ended
March 31, 2002 and June 30, 2002.
(c)
The  Registrant's  Current  Report on Form 8-K,  filed on June 14, 2002 and
August 2, 2002.
(d)
The information set forth under the caption  "Description of Securities" in
     Item 1. of the  Registrant's  Form 8-A (No. 88080052),  filed  March 30,
     1988, including any amendments or reports filed for the purpose of updating
     that description.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and
15(d)  of the  Exchange  Act,  subsequent  to the  filing  of this  Registration
Statement and prior to the filing of a  post-effective  amendment that indicates
that all of the securities offered hereby have been sold or that deregisters all
such  securities  then remaining  unsold,  shall be deemed to be incorporated by
reference in this  Registration  Statement and to be a part hereof from the date
of filing of those documents.  Any statement  contained herein or in a document,
all or a  portion  of which is  incorporated  or deemed  to be  incorporated  by
reference  herein,  shall be deemed to be modified or superseded for purposes of
this Registration  Statement to the extent that a statement  contained herein or
in any  other  subsequently  filed  document  which  also is or is  deemed to be
incorporated by reference herein modifies or supersedes such statement. Any such
statement so modified or superseded  shall not be deemed,  except as so modified
or amended, to constitute a part of this Registration Statement.
Item 4.    Description of Securities.
Not applicable.
Item 5.    Interests of Named Experts and Counsel.
Not applicable.
– 2 –
Item 6.    Indemnification of Directors and Officers.
Section 145  of the Delaware   General  Corporation Law (the "DGCL")  authorizes a
corporation  to  indemnify a person  against  expenses  and  certain   liabilities
incurred  by  him  in   connection  with any  proceeding  in which he is involved by
reason of his being or having been a director,  officer,  employee,  or agent of
the  corporation  or  its  affiliates.   Further,   the  Ninth  Article  of  the
Registrant's Certificate of Incorporation and Article VII of its By-Laws provide
for  indemnification,  to  the  full  extent  permitted  by  the  DGCL,  of  the
Registrant's  directors and officers. The Registrant maintains so-called "D & O"
liability  insurance  coverage,   which  insures  certain  of  the  Registrant's
directors  and  officers  against  personal  loss  incurred in the  discharge of
Registrant  responsibilities (subject to certain exclusions).  Reference is made
to the last  paragraph  of Item 9 below  with  respect  to  indemnification  for
liabilities  arising under the Securities  Act of 1933, as amended,  required or
permitted to directors, officers, or persons controlling the Registrant pursuant
to the foregoing provisions.
Item 7.    Exemption From Registration Claimed.
Not applicable.
Item 8.    Exhibits.
The Index to  Exhibits,  which  immediately  precedes  the exhibits and which is
incorporated by reference herein, contains a list of all exhibits.
Item 9.    Undertakings.
The undersigned Registrant hereby undertakes:
(1)
To file,  during  any  period in which  offers or sales are being  made,  a
     post-effective amendment to this Registration Statement:
(i)
To  include  any  prospectus  required  by  section  10(a)(3)  of  the
          Securities Act of 1933, as amended (the "Securities Act");
(ii)
To reflect in the  prospectus  any facts or events  arising  after the
          effective  date of the  Registration  Statement  (or the  most  recent
          post-effective   amendment  thereof)  that,  individually  or  in  the
          aggregate, represent a fundamental change in the information set forth
          in the Registration Statement;
(iii)
To  include  any  material  information  with  respect  to the Plan of
          distribution not previously disclosed in the Registration Statement or
          any material change to such information in the Registration Statement.
Provided,  however,  that  paragraphs  (1)(i) and (1)(ii) shall not apply if the
information  required  to be  included in a  post-effective  amendment  by those
paragraphs  is  contained  in periodic  reports  filed with or  furnished to the
Commission  by the  Registrant  pursuant  to Section 13 or Section  15(d) of the
Exchange Act that are incorporated by reference in the Registration Statement.
– 3 –
(2)
That for the purpose of determining any liability under the Securities Act,
     each such post-effective amendment shall be deemed to be a new registration
     statement relating to the securities  offered therein,  and the offering of
     such  securities  at that time shall be deemed to be the initial  bona fide
     offering thereof.
(3)
To remove from  registration by means of a post-effective  amendment any of
     the securities  being  registered  that remain unsold at the termination of
     the offering.
(4)
That, for purposes of determining  any liability  under the Securities Act,
     each filing of the Registrant's  annual report pursuant to Section 13(a) or
     Section 15(d) of the Exchange Act (and, where applicable, each filing of an
     employee  benefit  plan's  annual  report  pursuant to Section 15(d) of the
     Exchange  Act)  that  is  incorporated  by  reference  in the  Registration
     Statement shall be deemed to be a new  registration  statement  relating to
     the securities offered therein, and the offering of such securities at that
     time shall be deemed to be the initial bona fide offering thereof.
Insofar as indemnification  for liabilities arising under the Securities Act may
be permitted to directors,  officers,  and controlling persons of the Registrant
pursuant to the foregoing  provisions,  or otherwise,  the  Registrant  has been
advised that in the opinion of the Commission  such  indemnification  is against
public  policy  as  expressed  in  the   Securities   Act  and  is,   therefore,
unenforceable.  In the  event  that a claim  for  indemnification  against  such
liabilities  (other than the payment by the  Registrant of expenses  incurred or
paid by a  director,  officer or  controlling  person of the  Registrant  in the
successful  defense of any  action,  suit or  proceeding)  is  asserted  by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as  expressed  in the  Securities  Act and will be  governed by the final
adjudication of such issue.
– 4 –
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable  grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused  this  Registration  Statement  to be
signed on its behalf by the undersigned,  thereunto duly authorized, in the City
of Indianapolis, State of Indiana, on October 24, 2002.
GREAT LAKES CHEMICAL CORPORATION
By:
/s/ Mark P. Bulriss
Mark P. Bulriss, President and Chief
Executive Officer
POWER OF ATTORNEY
Know all men by these presents,  that each person whose signature  appears below
constitutes  and appoints John J. Gallagher III,  Jeffrey M. Lipshaw,  and Karen
Witte  Duros,  and each or any of them (with full power to act alone),  his true
and lawful  attorneys-in-fact  and agents  with full power of  substitution  and
resubstitution,  for  him  and in his  name,  place  and  stead,  in any and all
capacities,  to sign any and all amendments to this Registration Statement,  and
to file the same, with all exhibits  thereto,  and other documents in connection
therewith,  with the  Securities  and Exchange  Commission,  granting unto those
attorneys-in-fact and agents full power and authority to do and perform each and
every  act and  thing  requisite  and  necessary  to be done  in and  about  the
premises,  as  fully  to all  intents  and  purposes  as he might or could do in
person,  hereby  ratifying and confirming all that those  attorneys-in-fact  and
agents, or their substitutes, may do or cause to be done by virtue hereof.
Pursuant to the  requirements of the Securities Act of 1933,  this  Registration
Statement has been signed by the following  persons in the capacities  indicated
on October 24, 2002.
/s/ Mark P. Bulriss
Mark P. Bulriss
Chairman, President, Chief Executive Officer, and
Director (Principal Executive Officer)
/s/ John J. Gallagher III
John J. Gallagher III
Senior Vice President, Chief Financial Officer
(Principal Financial Officer)
/s/ William L. Sherwood
William L. Sherwood
Vice President, Corporate Controller
(Principal Accounting Officer)
– 5 –
/s/ Nigel D. T. Andrews
Nigel D. T. Andrews
Director
/s/ James W. Crownover
James W. Crownover
Director
/s/ Thomas M. Fulton
Thomas M. Fulton
Director
/s/ Martin M. Hale
Martin M. Hale
Director
/s/ Louis E. Lataif
Louis E. Lataif
Director
/s/ John C. Lechleiter
John C. Lechleiter
Director
/s/ Mack G. Nichols
Mack G. Nichols
Director
/s/ Jay D. Proops
Jay D. Proops
Director
– 6 –
Pursuant to the  requirements  of the  Securities  Act of 1933,  the trustee (or
other person who  administers  the employee  benefit  plan) has duly caused this
registration statement to be signed on its behalf by the undersigned,  thereunto
duly  authorized,  in the City of  Indianapolis,  State of  Indiana  on  October
24, 2002.
GREAT LAKES CHEMICAL CORPORATION
2002 STOCK OPTION AND INCENTIVE PLAN
By:
/s/ William L. Sherwood
William L. Sherwood, Vice President and
Corporate Controller
– 7 –
GREAT LAKES CHEMICAL CORPORATION
Form S-8
INDEX TO EXHIBITS
Exhibit Number
Assigned in
Regulation S-K
Item 601
Description of Exhibit
4.1
Specimen certificate for shares of Common Stock of the Registrant  (incorporated
by reference to Exhibit 4.1 of the Registrant's  Registration  Statement on Form
S-8 (No. 33-61609), filed August 17, 1998).
5.1
Opinion of Ice Miller.
15.1
No Exhibit.
23.1
Consent of Ernst & Young LLP.
24.1
Power of Attorney (See Signature Page).
99.1
No Exhibit.
– 8 –