SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.   20549

                                    Form 10-Q


             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                 For the quarterly period ended January 29, 2000


                          Commission File Number 1-5911

                                       SPARTECH CORPORATION
             (Exact name of registrant as specified in its charter)

           DELAWARE                             43-0761773
(State or other jurisdiction of              (I.R.S. Employer
 incorporation or organization)             Identification No.)

              120 S. Central Suite 1700, Clayton, Missouri,  63105
                    (Address of principal executive offices)

                                 (314) 721-4242
              (Registrant's telephone number, including area code)



     Indicate by checkmark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days.

Yes   x   No


     Number of shares outstanding as of January 29, 2000:

     Common Stock, $.75 par value per share            27,327,227



                      SPARTECH CORPORATION AND SUBSIDIARIES

                                      INDEX

                                January 29, 2000



PART I.   FINANCIAL INFORMATION                           PAGE
          CONSOLIDATED CONDENSED BALANCE SHEET -
          as of January 29, 2000 and October 30, 1999       3

          CONSOLIDATED CONDENSED STATEMENT OF
          OPERATIONS - for the quarter ended
          January 29, 2000 and January 30, 1999             4

          CONSOLIDATED CONDENSED STATEMENT OF
          CASH FLOWS - for quarter ended
          January 29, 2000 and January 30, 1999             5

          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS        6

          MANAGEMENT'S DISCUSSION AND ANALYSIS OF
          FINANCIAL CONDITION AND RESULTS OF OPERATIONS     9


PART II.  OTHER INFORMATION                               13

          SIGNATURES                                      14

                         PART I - FINANCIAL INFORMATION

Item 1.  FINANCIAL STATEMENTS

                      SPARTECH CORPORATION AND SUBSIDIARIES
                      CONSOLIDATED CONDENSED BALANCE SHEET
                  (Dollars in thousands, except share amounts)

                                     ASSETS
                                          Jan. 29, 2000
                                           (unaudited)    Oct. 30, 1999
Current Assets
  Cash and equivalents                       $  6,020        $  8,890
  Receivables, net                            116,335         117,345
  Inventories                                  82,814          72,108
  Prepayments and other                         8,199           8,634
     Total Current Assets                     213,368         206,977

Property, Plant and Equipment                 329,082         318,528
  Less accumulated depreciation                81,367          75,829
     Net Property, Plant and Equipment        247,715         242,699

Goodwill                                      167,325         168,497

Other Assets                                    6,703           7,228
                                             $635,111        $625,401

                      LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities
  Current maturities of long-term debt       $ 12,471       $  13,215
  Accounts payable                             68,535          78,644
  Accrued liabilities                          35,238          37,420
     Total Current Liabilities                116,244         129,279

Long-Term Debt, Less Current Maturities       232,857         217,094

Other Liabilities                              39,598          38,986

     Total Long-Term Liabilities              272,455         256,080
Company-obligated manditorily redeemable
   convertible preferred securities of
   Spartech Capital Trust holding solely
   6.5% convertible subordinated debentures    50,000          50,000

Shareholders' Equity
  Common stock, 28,007,023 and 27,915,873
     shares issued in 2000 and 1999            20,994          20,925
  Contributed capital                          99,256         101,709
  Retained earnings                            94,472          85,651
  Treasury stock, at cost, 679,796 shares
     in 2000 and 675,937 shares in 1999      (15,268)        (14,835)
  Cumulative translation adjustments          (3,042)         (3,408)

     Total Shareholders' Equity               196,412         190,042
                                             $635,111        $625,401


See accompanying notes to consolidated financial statements.


                      SPARTECH CORPORATION AND SUBSIDIARIES
                 CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS
           (Unaudited and amounts in thousands, except per share data)


                                                  QUARTER ENDED
                                           Jan. 29, 2000  Jan. 30, 1999

Net Sales                                    $198,455        $167,801

Costs and Expenses
  Cost of sales                               162,335         137,604
  Selling and administrative                   11,991          10,125
  Amortization of intangibles                   1,139             997
                                              175,465         148,726

Operating Earnings                             22,990          19,075
  Interest                                      3,714           3,851
  Distributions on
    preferred securities of
    Spartech Capital Trust                        813               -

Earnings Before Income Taxes                   18,463          15,224
  Income Taxes                                  7,296           6,067

Net Earnings                                 $ 11,167        $  9,157


Net Earnings Per Common Share:

  Basic                                      $    .41        $    .34
  Diluted                                    $    .39        $    .32

Dividends Per Common Share                   $   .085        $   .070











See accompanying notes to consolidated financial statements.






                      SPARTECH CORPORATION AND SUBSIDIARIES
                 CONSOLIDATED CONDENSED STATEMENT OF CASH FLOWS
                      (Unaudited and dollars in thousands)


                                                  QUARTER ENDED
                                           Jan. 29, 2000  Jan. 30, 1999

Cash Flows from Operating Activities
  Net earnings                               $ 11,167        $  9,157
  Adjustments to reconcile net earnings
     to net cash provided by operating
     activities:
       Depreciation and amortization            6,673           5,667
       Change in current assets and
          liabilities                        (19,970)         (1,171)
  Other, net                                    1,142             897
     Net cash provided by operating
       activities                               (988)          14,550

Cash Flows from Investing Activities
  Capital expenditures                        (6,489)         (4,956)
  Business Acquisitions                       (4,893)        (10,437)
  Retirement of assets                              3              20
     Net cash used for investing activities  (11,379)        (15,373)

Cash Flows from Financing Activities
  Bank Borrowings for Business Acquisitions     4,893          10,437
  Net borrowings (payments) on revolving
     credit facilities                         11,233         (8,037)
  Payments on bonds and leases                (1,442)           (962)
  Cash dividends on common stock              (2,346)         (1,883)
  Stock options exercised                       2,061             480
  Treasury stock acquired                     (4,877)           (439)
     Net cash provided by (used for)
       financing activities                     9,522           (404)

  Effect of exchange rate changes on cash
     and equivalents                             (25)               4

Decrease In Cash and Equivalents              (2,870)         (1,223)

Cash and Equivalents At Beginning Of Period     8,890           7,247

Cash and Equivalents At End Of Period        $  6,020        $  6,024


See accompanying notes to consolidated financial statements.





                      SPARTECH CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
         (Unaudited and dollars in thousands, except per share amounts)


NOTE A - Basis of Presentation

      Our  consolidated  financial statements include the accounts  of  Spartech
Corporation and its wholly owned subsidiaries.  These financial statements  have
been  prepared  on a condensed basis and, accordingly, certain  information  and
note   disclosures  normally  included  in  financial  statements  prepared   in
accordance with generally accepted accounting principles have been condensed  or
omitted  pursuant  to the rules and regulations of the Securities  and  Exchange
Commission.  In the opinion of management, the financial statements contain  all
adjustments  (consisting solely of normal recurring adjustments) and disclosures
necessary  to  make  the  information presented therein not  misleading.   These
financial  statements  should  be  read in  conjunction  with  the  consolidated
financial statements and accompanying footnotes thereto included in our  October
30, 1999 Annual Report on Form 10-K.

      Our  fiscal  year  ends on the Saturday closest to October  31.  Operating
results  for  any  quarter are traditionally seasonal  in  nature  and  are  not
necessarily indicative of the results expected for the full year.


NOTE B - Inventories

      Inventories  are  valued  at the lower of cost  (first-in,  first-out)  or
market.   Inventories at January 29, 2000 and October 30, 1999 are comprised  of
the following components:

                                               2000            1999
          Raw materials                      $ 47,076        $ 41,781
          Finished goods                       35,738          30,327

                                             $ 82,814        $ 72,108



NOTE C - Cash Flow Information

     Supplemental information on cash flows and noncash transactions for the
quarter ended January 29, 2000 and January 30, 1999 is as follows:

                                               2000            1999
  Cash paid for:
     Interest                                $  2,126        $  1,579
     Income taxes                            $    348        $    312




                      SPARTECH CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
         (Unaudited and dollars in thousands, except per share amounts)

Note D - Comprehensive Income

     Comprehensive Income is an entity's change in equity during the period from
transactions, events and circumstances from non-owner sources.  A summary of our
components of Total Comprehensive Income follows:

                                                   QUARTER ENDED
                                           Jan. 29, 2000  Jan. 30, 1999

Net Earnings                                 $ 11,167         $  9,157
Foreign currency translation
  adjustments                                     366              721
     Total Comprehensive Income              $ 11,533         $  9,878


     Our other comprehensive income consists solely of foreign currency
translation adjustments.  Accumulated other comprehensive income is represented
on the balance sheet as cumulative translation adjustments as of January 29,
2000 and October 30, 1999, respectively.

Note E - Segment Information
  Spartech's forty-three facilities are organized into three reportable segments
based on the nature of the products manufactured.


                              2000                            1999
Net Sales *
            Extruded Sheet & Rollstock      $ 124,039        $ 105,030
            Color & Specialty Compounds        55,723           50,486
            Molded & Profile Products          18,693           12,285
  Total Net                                 $ 198,455        $ 167,801
      Sales

  Operating
   Earnings
            Extruded Sheet & Rollstock      $  14,655        $  11,687
            Color & Specialty Compounds         6,923            6,340
            Molded & Profile Products           2,090            1,424
            Corporate/Other                      (678)            (376)
  Total                                     $  22,990        $  19,075
  Operating
   Earnings

 * Excludes intersegment sales of $6,138 in 2000 and $4,679 in 1999 primarily
   from the Color & Specialty Compounds segment


Note F - Convertible Preferred Securities

       On  February  18,  2000  we  issued  $100  million  of  7.0%  convertible
subordinated debentures to Spartech Capital Trust, a Delaware trust we  control.
We  used  the  proceeds to repay borrowings under our bank credit facility.  The
debentures  are the sole asset of the Trust and eliminate in consolidation.  The
Trust  purchased  the  debentures with the proceeds of a  $100  million  private
placement  of  7.0%  convertible preferred securities of  the  Trust  having  an
aggregate liquidation preference of $100 million and guaranteed by Spartech. The
debentures:

     -  Are  convertible  along  with  the Trust preferred  securities,  at  the
         option  of  the preferred security holders, into shares of  our  common
         stock  at  a conversion price equivalent to $34.00 per share of  common
         stock, for a total of 2,941,476 shares;

     -  Are   redeemable   along  with  the  Trust  preferred   securities,   at
         Spartech's  option on or after February 17, 2003, at a price  equal  to
         104.56%  of  the  principal  amount plus  accrued  interest,  declining
         annually  to  a  price  equal  to  the principal  amount  plus  accrued
         interest by February 17, 2010; and

     -  Mature  and  are payable, along with the Trust preferred securities,  on
         February  17,  2015  if  they  have not  been  previously  redeemed  or
         converted.


Note G - Acquisition

      On February 29, 2000, Spartech announced that it completed the purchase of
substantially  all  of  the assets of Uniroyal Technology Corporation's  (Nasdaq
NMS:   UTCI)   High  Performance  Plastics,  Inc.  ("HPP"),  a  well-established
manufacturer  of proprietary plastic products based in South Bend, Indiana  with
sales  of approximately $130 million for its most recent fiscal year which ended
September  26,  1999.  HPP, through its two operating divisions--Polycast  (cell
cast  acrylic)  and Royalite (extruded thermoplastic sheet)--will  significantly
expand  Spartech's product offerings to customers, increase production  capacity
through  nine additional manufacturing plants located throughout North  America,
and  broaden  our's  technical and marketing expertise in  serving  several  new
growth industries for Spartech.  The acquisition price for HPP was approximately
$216 million and financed through our new $250 million bank credit facility.

Item 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS

Results of Operations


      Net sales for the first quarter ended January 29, 2000 increased by 18% to
$198.5 million, as compared to $167.8 million during the same quarter last year,
and operating earnings rose by 21% to $23.0 million, from $19.1 million reported
for  the  first  quarter of 1999.  First quarter 2000 net  earnings  were  $11.2
million,  or  $.39  per  diluted share, compared to $9.2 million,  or  $.32  per
diluted share, reported in 1999.

      Net  sales of the Extruded Sheet & Rollstock segment increased  to  $124.0
million.  Base volume increased by 7% for the first three months, as a result of
strong sales of our new alloy plastics to the packaging and recreation & leisure
markets, while our 1999 acquisitions of Lustro, Alltrista Corporation's  Plastic
Packaging  Division,  and  OS Plastics added another 6%  to  Spartech  Plastics'
volume.   Net  sales  of the Color & Specialty Compound segment  grew  to  $55.7
million  for  the first quarter, with base volume growth of 6%  coupled  with  a
positive  4% price/mix related change.  Continued strength in the transportation
and  electronics markets fueled the sales growth in this segment.  The Molded  &
Profile Products segment benefited from the October 1999 acquisitions of  Accura
and  Geoplast.  Sales for the group were up 52% to $18.7 million as compared  to
$12.3 million for the same three-month period last year.

     Cost of sales increased 18% to $162.3 million for the quarter ended January
29,  2000,  compared  with  $137.6 million for the  same  period  of  1999,  but
decreased to 81.8% of net sales for 2000 from 82.0% for 1999. The more favorable
cost  of sales percentage in 2000 represents productivity improvements resulting
from both our capital expenditures and acquisition synergies and sales of higher
margin Alloy Plastics and Product Transformations.

      Selling and administrative expenses of $12.0 million for the first quarter
of  2000 increased when compared to 10.1 million for the similar period in  1999
but remained at 6.0% of net sales.

      Operating  earnings  for the quarter ended January  29,  2000  were  $23.0
million (11.6% of net sales) compared to $19.1 million (11.4% of net sales)  for
the  corresponding  period  in 1999.  These gains  in  operating  earnings  were
achieved   through   the   increased  sales  levels  and   improved   production
efficiencies, discussed above.

      Interest expense and distributions on preferred securities of $4.5 million
for  the quarter ended January 29, 2000 increased from $3.9 million for the same
period  in  1999  as  a  result of borrowings related to the  Lustro,  Alltrista
Corporation's  Plastic  Packaging Division, OS  Plastics,  Accura  and  Geoplast
acquisitions completed in 1999.

      Our effective tax rate was 39.5% for the first quarter of 2000 compared to
39.9% in 1999.

Environmental and Inflation

      We  operate under various laws and regulations governing employee  safety,
the  quantities  of  specified substances that may  be  emitted  into  the  air,
discharged  into waterways, and otherwise disposed of on and off our properties.
We do not anticipate that future expenditures for compliance with these laws and
regulations  will have a material effect on its capital expenditures,  earnings,
or competitive position.

      The  plastic  resins we use in our production process  are  crude  oil  or
natural  gas  derivatives  which are available from a  number  of  domestic  and
foreign suppliers.  Accordingly, our raw materials are only somewhat affected by
supply,  demand,  and price trends of the petroleum industry.   The  pricing  of
resins tends to be independent of crude oil or natural gas except in periods  of
anticipated  or  actual  shortages.  We are not  aware  of  any  trends  in  the
petroleum  industry which will significantly affect its sources of raw materials
in 2000.


Liquidity and Capital Resources

Cash Flow

      Our  primary  sources  of liquidity have been cash  flows  from  operating
activities and borrowings from third parties.  Our principal uses of  cash  have
been  to  support its operating activities, invest in capital improvements,  and
finance  strategic  acquisitions.  Cash flows  for  the  periods  indicated  are
summarized as follows:
                                                  First Quarter
                                                2000           1999
                                              (Dollars in millions)
  Net cash provided by (used for)
     operating activities                    $   (1.0)   $     14.6

  Net cash used for
     investing activities                    $  (11.4)    $   (15.4)
  Net cash provided by (used for)
     financing activities                    $    9.5    $     (0.4)

  Decrease in cash and equivalents           $   (2.9)    $    (1.2)

     Operating cash flow provided by net earnings increased 22% to $11.2
million and the add back for depreciation and amortization in 2000 was $6.7
million.  Operating cash flows used for changes in inventory totaled $10.7
million due to selective pre-buys of certain resins, increase in resin prices in
inventory, and the typical transition to what is traditionally our highest sales
level in the second quarter.  Operating cash flows used for changes in accounts
payable totaled $10.1 due to conversion of some significant resin purchases to
more favorable discounting terms.  Operating cash flows provided by changes in
accounts receivable totaled $1 million.

     Our primary investing activities are capital expenditures and acquisitions
of businesses in the plastics industry.  Capital expenditures are primarily
incurred to maintain and improve productivity, as well as to modernize and
expand facilities.  Capital expenditures for the quarter January 29, 2000 were
$6.5 million as compared to $5.0 million for the first quarter of 1999.  We
anticipates total capital expenditures of approximately $25 million for fiscal
2000

      The cash flows provided by financing activities were $9.5 million for  the
first  quarter  of  2000.  The primary activity was the net bank  borrowings  of
$14.7  million,  cash  dividend payments of $2.3  million,  and  treasury  stock
purchases, net of option proceeds, of $2.8 million.

Financing Arrangements

      We  anticipate that cash flow from operations, together with the financing
and  borrowings under our bank credit facility, will satisfy our working capital
needs,  regular  quarterly dividends, and planned capital expenditures  for  the
next year.

Other

     We have not incurred, nor do we expect to incur, any material costs related
to our Year 2000 compliance efforts.  Amounts spent on information technology,
and non-IT equipment upgrades, have been planned in accordance with continual
efforts to upgrade our capabilities.

       The   information  presented  herein  contains  certain   forward-looking
statements,  defined  in Section 21E of the Securities  Exchange  Act  of  1934.
Forward-looking  statements represent our judgement  relating  to,  among  other
things,  future results of operations, growth plans, sales, capital requirements
and  general industry and business conditions applicable to us.  They are  based
largely on our current expectations.  Our actual results could differ materially
from the information contained in the forward-looking statements due to a number
of  factors,  including changes in the availability and cost of  raw  materials,
changes  in the economy or the plastics industry in general, other unanticipated
events  that  may  prevent us from competing successfully  in  existing  or  new
markets,  and our ability to manage our growth effectively.  Investors are  also
directed  to the discussion of risks and uncertainties associated with  forward-
looking  statements contained in our Annual Report on Form 10-K filed  with  the
Securities and Exchange Commission.
PART II - OTHER INFORMATION

Item 6 (a).    Exhibits

               11 Statement re Computation of Per Share Earnings

               27 Financial Data Schedule

Item 6 (b).    Reports on Form 8-K

       A  Form  8-K  was  filed  on December 6, 1999 announcing  that  effective
 September  9,  1999, the Board of Directors of the registrant approved  certain
 amendments  to  the  registrant's  Restricted  Stock  Option  Plan,  originally
 adopted  in  1991.   The  amendments to the Plan permit  certain  transfers  of
 options  issued pursuant to the Plan, and expand in certain respects the  types
 of  consideration which may be paid to exercise the options and pay withholding
 taxes due upon exercise.  No financial statements were required to be filed  in
 the Form 8-K.

     A  Form  8-K  was  filed  on December 9, 1999 announcing  the  fiscal  1999
 operating  results and outlook for fiscal 2000.  No financial  statements  were
 required to be filed in the Form 8-K.

     A Form 8-K was filed on December 28, 1999 announcing an agreement to
 acquire substantially all of the assets of High Performance Plastics, Inc.  No
 financial statements were required to be filed in the Form 8-K.


                                   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.



                                          SPARTECH CORPORATION
                                              (Registrant)




Date:   February 29, 2000          ________/s/Bradley B. Buechler
                                          Bradley B. Buechler
                                          Chairman, President and Chief
                                          Executive Officer
                                          (Principal Executive   Officer)




                                   ________/s/ Randy C. Martin____ ____
                                          Randy C. Martin
                                          Vice President - Finance and
                                          Chief Financial Officer
                                          (Principal Financial and
                                          Accounting Officer)