EX-99.01 19 ex99_01.htm EASTMAN CHEMICAL COMPANY DETAIL OF SALES REVENUE ex99_01.htm
 
 

 

Exhibit 99.01

EASTMAN CHEMICAL COMPANY DETAIL OF SALES REVENUE

   
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Twelve Months
(Dollars in millions)
 
2007
 
2007
 
2007
 
2007
 
2007
                     
Sales Revenue
$
1,795
$
1,895
$
1,813
 
1,752
 
7,450
                     
Less:  Performance Chemicals and Intermediates – contract ethylene sales (1)
 
70
 
74
 
84
       
Sales revenue excluding contract ethylene sales
 
1,725
 
1,821
 
1,729
$
1,608
$
6,639
Less:  Performance Polymers
                   
PET sales in Latin America from non-U.S. sites (2)
 
127
 
110
 
91
       
Sales revenue excluding contract ethylene sales and PET sales in Latin America from non-U.S. sites (2)
$
1,598
$
1,711
$
1,638
       
                     

   
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Twelve Months
(Dollars in millions)
 
2006
 
2006
 
2006
 
2006
 
2006
                     
Sales Revenue
$
1,803
$
1,929
$
1,966
$
1,752
$
7,450
                     
Less:  Coatings, Adhesives, Specialty Polymers and Inks – divested product lines(3)
 
18
 
17
 
18
 
12
 
65
Performance Chemicals and Intermediates – divested product lines (4)
 
30
 
29
 
38
 
14
 
111
Performance Polymers
                   
divested PE product lines (3)
 
180
 
168
 
169
 
118
 
635
Sales revenue – continuing product lines
 
1,575
 
1,715
 
1,741
 
1,608
 
6,639
                     
Less:  Performance Polymers
                   
PET sales in Latin America from non-U.S. sites (2)
 
109
 
119
 
136
 
121
 
485
Sales revenue – continuing product lines excluding PET sales in Latin America from non-U.S. sites(2)
$
1,466
$
1,596
$
1,605
$
1,487
$
6,154
                     
 
(1) Contract ethylene sales under the transition supply agreement related to the divestiture of the polyethylene businesses.
 
(2) Sales revenue in Latin America from PET manufactured at non-U.S. sites, including the Mexico and Argentina PET manufacturing facilities held for sale.  During the third quarter 2007, Eastman entered into definitive agreements to sell its PET manufacturing facilities in Mexico and Argentina and the related businesses.  Subject to certain product-specific agreements associated with the sale of the manufacturing facilities in Mexico and Argentina, the Company plans to continue to sell PET manufactured in the U.S. in Latin America.
 
(3)Divested product lines are the product lines related to the polyethylene and Epolene polymer businesses and related assets of the Performance Polymers and Coatings, Adhesives, Specialty Polymers, and Inks ("CASPI") segments located at the Longview, Texas site and the Company's ethylene pipeline which were sold in fourth quarter 2006.
 
(4) The Company's Batesville, Arkansas manufacturing facility and related assets and the specialty organic chemicals product lines in the Performance Chemicals and Intermediates ("PCI") segment were sold in fourth quarter 2006.

 
59