LANXESS Solutions US (CEMJQ) 8-K Other Events

Exhibit 99.1

CHEMTURA CORPORATION

Consolidated Statements of Operations (Unaudited)

(In millions, except per share data)

	Quarter Ended											Year Ended
	March 31,		June 30,			September 30,			December 31,			December 31,
	2006		2006			2006			2006			2006
Net sales	$	871	$	971		$	873		$	834		$	3,549
Cost of products sold	636		713			663			658			2,670
Selling, general and administrative	101		98			101			91			391
Depreciation and amortization	50		44			49			64			207
Research and development	14		18			16			16			64
Facility closures, severance and related costs	—		(3		)	1			7			5
Antitrust costs	13		32			26			19			90
Merger costs	10		5			1			1			17
Loss (gain) on sale of assets and businesses	—		12			(1		)	—			11
Impairment of long-lived assets	—		6			74			—			80
Equity income	—		(1		)	(1		)	(2		)	(4		)
Operating profit (loss)	47		47			(56		)	(20		)	18
Interest expense	29		29			23			22			103
Loss on early extinguishment of debt	—		20			24			—			44
Other expense (income), net	1		(3		)	4			4			6
Earnings (loss) from continuing operations before income taxes	17		1			(107		)	(46		)	(135		)
Income tax expense	6		4			(18		)	138			130
Earnings (loss) from continuing operations	11		(3		)	(89		)	(184		)	(265		)
Earnings from discontinued operations	2		4			3			3			12
Gain on sale of discontinued operations	—		—			46			1			47
Net earnings (loss)	$	13	$	1		$	(40	)	$	(180	)	$	(206	)
Basic earnings (loss) per common share:
Earnings (loss) from continuing operations	$	0.04	$	(0.02	)	$	(0.37	)	$	(0.76	)	$	(1.10	)*
Earnings from discontinued operations	0.01		0.02			0.01			0.01			0.05
Gain on sale of discontinued operations	—		—			0.19			0.01			0.20
Net earnings (loss)	$	0.05	$	—		$	(0.17	)	$	(0.74	)	$	(0.85	)*
Diluted earnings (loss) per common share:
Earnings (loss) from continuing operations	$	0.04	$	(0.02	)	$	(0.37	)	$	(0.76	)	$	(1.10	)*
Earnings from discontinued operations	0.01		0.02			0.01			0.01			0.05
Gain on sale of discontinued operations	—		—			0.19			0.01			0.20
Net earnings (loss)	$	0.05	$	—		$	(0.17	)	$	(0.74	)	$	(0.85	)*
Weighted average shares outstanding - basic	240.1		240.5			240.6			240.7			240.5
Weighted average shares outstanding - diluted	241.2		240.5			240.6			240.7			240.5

* The sum of the earnings per common share for the four quarters does not equal the total earnings per common due to quarterly changes in the average number of shares outstanding.

CHEMTURA CORPORATION

Segment Net Sales and Operating Profit (Unaudited)

(In millions of dollars)

	Quarter Ended												Year Ended
	March 31,			June 30,			September 30,			December 31,			December 31,
	2006			2006			2006			2006			2006
NET SALES
Polymer Additives	$	423		$	439		$	431		$	419		$	1,712
Performance Specialties	172			171			166			161			670
Consumer Products	114			204			132			116			566
Crop Protection	78			86			75			72			311
Other	84			71			69			66			290
Total Net Sales	$	871		$	971		$	873		$	834		$	3,549
OPERATING PROFIT
Polymer Additives	$	39		$	50		$	24		$	17		$	130
Performance Specialties	31			28			30			26			115
Consumer Products	12			35			17			6			70
Crop Protection	20			16			8			4			48
Other	4			5			—			(3		)	6
	106			134			79			50			369
General corporate expense, including amortization	(33		)	(32		)	(31		)	(34		)	(130		)
Change in useful life of property, plant and equipment	(3		)	(3		)	(3		)	(9		)	(18		)
Facility closures, severance and related costs	—			3			(1		)	(7		)	(5		)
Antitrust costs	(13		)	(32		)	(26		)	(19		)	(90		)
Merger costs	(10		)	(5		)	(1		)	(1		)	(17		)
(Loss) gain on sale of assets and businesses	—			(12		)	1			—			(11		)
Impairment of long-lived assets	—			(6		)	(74		)	—			(80		)
Total Operating Profit (Loss)	$	47		$	47		$	(56	)	$	(20	)	$	18