Eastman Kodak Co said it hasreached an agreement to acquire new stock representing a 16 pct
interest in industrial biotechnology company &lt;Genencor Inc> for
undisclosed terms.
    Other Genencor shareholders include Staley Continental Inc
&lt;STA>, Corning Glass Works &lt;GLW> and Genentech Inc &lt;GENE>.
    The company said it has been granted options to increase
its equity stake during 1987.  It said it has agreed to make a
multiyear, multimillion dollar commitment to Genecor research
products related to food additivies and pharmaceutical
intermediates.
 Reuter
