<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS UNAUDITED SUMMARY FINANCIAL INFORMATION FOR TREDEGAR INDUSTRIES, INC. AND SUBSIDIARIES EXTRACTED FROM THE BALANCE SHEET FOR THE PERIOD ENDED DECEMBER 31, 1998 AND THE STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 25,409 <SECURITIES> 0 <RECEIVABLES> 98,040 <ALLOWANCES> 3,699 <INVENTORY> 34,276 <CURRENT-ASSETS> 166,324 <PP&E> 356,411 <DEPRECIATION> 200,380 <TOTAL-ASSETS> 457,178 <CURRENT-LIABILITIES> 88,865 <BONDS> 25,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 95,893 <OTHER-SE> 214,402 <TOTAL-LIABILITY-AND-EQUITY> 457,178 <SALES> 699,796 <TOTAL-REVENUES> 703,811 <CGS> 553,389 <TOTAL-COSTS> 553,389 <OTHER-EXPENSES> 53,234 <LOSS-PROVISION> 660 <INTEREST-EXPENSE> 1,318 <INCOME-PRETAX> 95,210 <INCOME-TAX> 31,054 <INCOME-CONTINUING> 64,156 <DISCONTINUED> 4,713 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 68,869 <EPS-PRIMARY> 1.90 <EPS-DILUTED> 1.78