LANXESS Solutions US (CEMJQ) 8-K/A Results of Operations and Financial Condition

Exhibit 99.1

CHEMTURA CORPORATION

Segment Sales and Operating Profit (Loss)

Third quarter and nine months ended September 30, 2005 and 2004

 (In thousands of dollars)

	Third Quarter								Nine Months Ended
	2005				2004				2005					2004
NET SALES
Plastic Additives	$	374,561			$	213,920			$			792,830		$		641,714
Polymers	121,897				114,044				391,218					351,496
Specialty Additives	133,702				116,807				420,943					341,429
Crop Protection	102,652				88,293				271,542					250,991
Consumer Products	140,294				—				140,294					—
Polymer Processing Equipment (a)	—				40,961				48,338					125,315
Other	45,310				—				45,310					—
Total net sales	$	918,416			$	574,025			$	2,110,475				$	1,710,945
OPERATING PROFIT (LOSS)
Plastic Additives	$		25,443		$		7,493		$		57,528			$	4,209
Polymers	24,328				15,760				75,684					45,335
Specialty Additives	19,704				3,258				76,242					15,647
Crop Protection	29,554				26,140				74,256					75,910
Consumer Products	10,508				—				10,508					—
Polymer Processing Equipment (a)	—				357				(3,003				)	101
Other	4,864				—				4,864					—
	114,401				53,008				296,079					141,202
General corporate expense	(23,383			)	(17,810			)	(55,128				)	(53,608			)
Unabsorbed overhead expense from discontinued operations	—				(2,463			)	—					(7,395			)
Facility closures, severance and related costs	(220			)	(40,070			)	(24,295				)	(45,759			)
Antitrust costs	(6,716			)	(8,426			)	(13,220				)	(16,829			)
Merger costs	(19,378			)	—				(28,064				)	—
Purchase accounting inventory fair value impact	(37,100			)	—				(37,100				)	—
In-process research and development	(75,400			)	—				(75,400				)	—
Total operating profit (loss)	$		(47,796	)	$		(15,761	)	$		62,872			$	17,611

(a) As a result of the April 29, 2005 contribution of the assets of the Polymer Processing Equipment  segment in exchange for a non-controlling interest in the Davis-Standard LLC joint venture, Polymer  Processing Equipment ceased to be a reporting segment of the Company. The Company is recording its proportionate share of the joint venture’s earnings in Other (income) expense, net.

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

First quarter ended March 31, 2004

(In thousands of dollars)

	Chemtura First Quarter 2004			Conformed Great Lakes First Quarter 2004		Pro Forma Adjustments		Pro Forma Combined First Quarter 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined First Quarter 2004
Sales
Plastic Additives	$	209,980		173,264		—		383,244		—	383,244
Polymers	118,525			—		—		118,525		—	118,525
Specialty Additives	112,102			9,170		—		121,272		—	121,272
Crop Protection	76,474			8,497		—		84,971		—	84,971
Consumer Products	—			128,236		—		128,236		—	128,236
Polymer Processing Equipment	38,428			—		—		38,428		—	38,428
Other	—			38,784		—		38,784		—	38,784
	555,509			357,951		—		913,460		—	913,460
OPERATING PROFIT
Plastic Additives	$	(1,486	)	1,799		(1,779	)	(1,466	)	—	(1,466	)
Polymers	14,465			—		—		14,465		—	14,465
Specialty Additives	6,164			656		(20	)	6,800		—	6,800
Crop Protection	28,441			3,855		107		32,403		—	32,403
Consumer Products	—			11,756		(546	)	11,210		—	11,210
Polymer Processing Equipment	(1,764		)	—		—		(1,764	)	—	(1,764	)
Other	—			5,907		782		6,689		—	6,689
	45,820			23,973		(1,456	)	68,337		—	68,337
General corporate expense	(20,698		)	(15,315	)	(2,983	)	(38,996	)	10,689	(28,307	)
Unabsorbed overhead expense from discontinued operations	(2,574		)	—		—		(2,574	)	—	(2,574	)
Facility closures, severance and related costs	(2,411		)	(7,749	)	—		(10,160	)	10,160	—
Antitrust costs	(4,053		)	—		—		(4,053	)	4,053	—
Total operating profit (loss)	$	16,084		909		(4,439	)	12,554		24,902	37,456
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	1,327
Purchase Accounting Depreciation	3,287
Amortization	(3,102		)
Inventory Accounting	(5,951		)
	$	(4,439	)
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	10,160
Antitrust costs	4,053
Change in useful life of computer software	4,800
Executive Terminations	5,889
	$	24,902

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

Second quarter ended June 30, 2004

(In thousands of dollars)

	Chemtura Second Quarter 2004			Conformed Great Lakes Second Quarter 2004		Pro Forma Adjustments		Pro Forma Combined Second Quarter 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined Second Quarter 2004
Sales
Plastic Additives	$	217,814		188,984		—		406,798		—	406,798
Polymers	118,927			—		—		118,927		—	118,927
Specialty Additives	112,520			9,109		—		121,629		—	121,629
Crop Protection	86,224			8,262		—		94,486		—	94,486
Consumer Products	—			196,384		—		196,384		—	196,384
Polymer Processing Equipment	45,926			—		—		45,926		—	45,926
Other	—			40,389		—		40,389		—	40,389
	581,411			443,128		—		1,024,539		—	1,024,539
OPERATING PROFIT
Plastic Additives	$	(1,798	)	7,772		1,607		7,581		—	7,581
Polymers	15,110			—		—		15,110		—	15,110
Specialty Additives	6,225			1,080		259		7,564		—	7,564
Crop Protection	21,329			2,452		107		23,888		—	23,888
Consumer Products	—			30,942		699		31,641		700	32,341
Polymer Processing Equipment	1,508			—		—		1,508		—	1,508
Other	—			3,720		2,260		5,980		—	5,980
	42,374			45,966		4,932		93,272		700	93,972
General corporate expense	(15,100		)	(18,539	)	(2,757	)	(36,396	)	7,800	(28,596	)
Unabsorbed overhead expense from discontinued operations	(2,358		)	—		—		(2,358	)	—	(2,358	)
Facility closures, severance and related costs	(3,278		)	(6,495	)	—		(9,773	)	9,773	—
Antitrust costs	(4,350		)	—		—		(4,350	)	4,350	—
Total operating profit (loss)	$	17,288		20,932		2,175		40,395		22,623	63,018
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	1,327
Purchase Accounting Depreciation	3,287
Amortization	(2,877		)
Inventory Accounting	438
	$	2,175
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	9,773
Antitrust costs	4,350
Conyers Fire Costs	700
Change in useful life of computer software	7,800
	$	22,623

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

Third quarter ended September 30, 2004

(In thousands of dollars)

	Chemtura Third Quarter 2004			Conformed Great Lakes Third Quarter 2004		Pro Forma Adjustments		Pro Forma Combined Third Quarter 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined Third Quarter 2004
Sales
Plastic Additives	$	213,920		189,266		—		403,186		—	403,186
Polymers	114,044			—		—		114,044		—	114,044
Specialty Additives	116,807			8,417		—		125,224		—	125,224
Crop Protection	88,293			13,988		—		102,281		—	102,281
Consumer Products	—			135,856		—		135,856		—	135,856
Polymer Processing Equipment	40,961			—		—		40,961		—	40,961
Other	—			44,308		—		44,308		—	44,308
	574,025			391,835		—		965,860		—	965,860
OPERATING PROFIT
Plastic Additives	$	7,493		5,290		7,218		20,001		—	20,001
Polymers	15,760			—		—		15,760		—	15,760
Specialty Additives	3,258			255		248		3,761		—	3,761
Crop Protection	26,140			6,375		107		32,622		—	32,622
Consumer Products	—			8,254		4,822		13,076		1,700	14,776
Polymer Processing Equipment	357			—		—		357		—	357
Other	—			7,015		(640	)	6,375		—	6,375
	53,008			27,189		11,755		91,952		1,700	93,652
General corporate expense	(17,810		)	(12,225	)	(2,783	)	(32,818	)	4,794	(28,024	)
Unabsorbed overhead expense from discontinued operations	(2,463		)	—		—		(2,463	)	—	(2,463	)
Facility closures, severance and related costs	(40,070		)	(139	)	—		(40,209	)	40,209	—
Antitrust costs	(8,426		)	—		—		(8,426	)	8,426	—
Total operating profit (loss)	$	(15,761	)	14,825		8,972		8,036		55,129	63,165
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	1,327
Purchase Accounting Depreciation	3,287
Amortization	(2,903		)
Inventory Accounting	7,261
	$	8,972
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	40,209
Antitrust costs	8,426
Conyers Fire Costs	1,700
Change in useful life of computer software	3,100
Executive Terminations	1,694
	$	55,129

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

Nine months ended September 30, 2004

(In thousands of dollars)

	Chemtura Nine months ended 2004			Conformed Great Lakes Nine months ended 2004		Pro Forma Adjustments		Pro Forma Combined Nine months ended 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined Nine months ended 2004
Sales
Plastic Additives	$	641,714		551,514		—		1,193,228		—	1,193,228
Polymers	351,496			—		—		351,496		—	351,496
Specialty Additives	341,429			26,696		—		368,125		—	368,125
Crop Protection	250,991			30,747		—		281,738		—	281,738
Consumer Products	—			460,476		—		460,476		—	460,476
Polymer Processing Equipment	125,315			—		—		125,315		—	125,315
Other	—			123,481		—		123,481		—	123,481
	1,710,945			1,192,914		—		2,903,859		—	2,903,859
OPERATING PROFIT
Plastic Additives	$	4,209		14,861		7,046		26,116		—	26,116
Polymers	45,335			—		—		45,335		—	45,335
Specialty Additives	15,647			1,991		487		18,125		—	18,125
Crop Protection	75,910			12,682		321		88,913		—	88,913
Consumer Products	—			50,952		4,975		55,927		2,400	58,327
Polymer Processing Equipment	101			—		—		101		—	101
Other	—			16,642		2,402		19,044		—	19,044
	141,202			97,128		15,231		253,561		2,400	255,961
General corporate expense	(53,608		)	(46,079	)	(8,523	)	(108,210	)	23,283	(84,927	)
Unabsorbed overhead expense from
discontinued operations	(7,395		)	—		—		(7,395	)	—	(7,395	)
Facility closures, severance and
related costs	(45,759		)	(14,383	)	—		(60,142	)	60,142	—
Antitrust costs	(16,829		)	—		—		(16,829	)	16,829	—
Total operating profit (loss)	$	17,611		36,666		6,708		60,985		102,654	163,639
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	3,981
Purchase Accounting Depreciation	9,861
Amortization	(8,882		)
Inventory Accounting	1,748
	$	6,708
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	60,142
Antitrust costs	16,829
Conyers Fire Costs	2,400
Change in useful life of computer software	15,700
Executive Terminations	7,583
	$	102,654

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

Fourth quarter ended December 31, 2004

(In thousands of dollars)

	Chemtura Fourth Quarter 2004			Conformed Great Lakes Fourth Quarter 2004		Pro Forma Adjustments		Pro Forma Combined Fourth Quarter 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined Fourth Quarter 2004
Sales
Plastic Additives	$	214,795		221,948		—		436,743		—	436,743
Polymers	117,959			—		—		117,959		—	117,959
Specialty Additives	117,235			9,863		—		127,098		—	127,098
Crop Protection	69,603			16,756		—		86,359		—	86,359
Consumer Products	—			113,908		—		113,908		—	113,908
Polymer Processing Equipment	54,694			—		—		54,694		—	54,694
Other	—			48,310		—		48,310		—	48,310
	574,286			410,785		—		985,071		—	985,071
OPERATING PROFIT
Plastic Additives	$	13,144		12,726		(3,850	)	22,020		—	22,020
Polymers	17,142			—		—		17,142		—	17,142
Specialty Additives	6,019			1,490		(224	)	7,285		—	7,285
Crop Protection	9,785			5,923		107		15,815		—	15,815
Consumer Products	—			(956	)	5,431		4,475		800	5,275
Polymer Processing Equipment	3,259			—		—		3,259		—	3,259
Other	—			5,858		855		6,713		—	6,713
	49,349			25,041		2,319		76,709		800	77,509
General corporate expense	(18,966		)	(14,449	)	(2,823	)	(36,238	)	7,321	(28,917	)
Unabsorbed overhead expense from discontinued operations	(2,088		)	—		—		(2,088	)	—	(2,088	)
Facility closures, severance and related costs	(17,049		)	(1,904	)	—		(18,953	)	18,953	—
Antitrust costs	(96,907		)	—		—		(96,907	)	96,907	—
Total operating profit (loss)	$	(85,661	)	8,688		(504	)	(77,477	)	123,981	46,504
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	1,327
Purchase Accounting Depreciation	3,287
Amortization	(2,943		)
Inventory Accounting	(2,175		)
	$	(504	)
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	18,953
Antitrust costs	96,907
Conyers Fire Costs	800
Executive Terminations	7,321
	$	123,981

CHEMTURA CORPORATION

Non-GAAP Segment Operating Profit (Loss) (Unaudited)

Year ended December 31, 2004

(In thousands of dollars)

	Chemtura Year 2004			Conformed Great Lakes Year 2004		Pro Forma Adjustments		Pro Forma Combined Year 2004		Non-GAAP Adjustments	Pro Forma Adjusted Combined Year 2004
Sales
Plastic Additives	$	856,509		773,462		—		1,629,971		—	1,629,971
Polymers	469,455			—		—		469,455		—	469,455
Specialty Additives	458,664			36,559		—		495,223		—	495,223
Crop Protection	320,594			47,503		—		368,097		—	368,097
Consumer Products	—			574,384		—		574,384		—	574,384
Polymer Processing Equipment	180,009			—		—		180,009		—	180,009
Other	—			171,791		—		171,791		—	171,791
	2,285,231			1,603,699		—		3,888,930		—	3,888,930
OPERATING PROFIT
Plastic Additives	$	17,353		27,587		3,196		48,136		—	48,136
Polymers	62,477			—		—		62,477		—	62,477
Specialty Additives	21,666			3,481		263		25,410		—	25,410
Crop Protection	85,695			18,605		428		104,728		—	104,728
Consumer Products	—			49,996		10,406		60,402		3,200	63,602
Polymer Processing Equipment	3,360			—		—		3,360		—	3,360
Other	—			22,500		3,257		25,757		—	25,757
	190,551			122,169		17,550		330,270		3,200	333,470
General corporate expense	(72,574		)	(60,528	)	(11,346	)	(144,448	)	30,604	(113,844	)
Unabsorbed overhead expense from discontinued operations	(9,483		)	—		—		(9,483	)	—	(9,483	)
Facility closures, severance and related costs	(62,808		)	(16,287	)	—		(79,095	)	79,095	—
Antitrust costs	(113,736		)	—		—		(113,736	)	113,736	—
Total operating profit (loss)	$	(68,050	)	45,354		6,204		(16,492	)	226,635	210,143
	Operating Profit
Pro Forma Adjustments consist of the following:
Pension	$	5,308
Purchase Accounting Depreciation	13,148
Amortization	(11,825		)
Inventory Accounting	(427		)
	$	6,204
	Operating Profit
Non-GAAP Adjustments consist of the following:
Facility closures, severance and related costs	$	79,095
Antitrust costs	113,736
Conyers Fire Costs	3,200
Change in useful life of computer software	15,700
Executive Terminations	14,904
	$	226,635