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EXHIBIT 99.01
EASTMAN CHEMICAL COMPANY AND SUBSIDIARIES
SUPPLEMENTAL BUSINESS SEGMENT INFORMATION
1997 CHANGE FROM 1996
FOURTH QUARTER TWELVE MONTHS
% CHANGE % CHANGE
--------------------- ------------------------
SALES OPERATING (1)(2) SALES OPERATING (1)(2)
REVENUE EARNINGS REVENUE EARNINGS
------- ------------ ------- -------------
SPECIALTY & PERFORMANCE SEGMENT
Specialty plastics 14 % -- 5% ++
Performance chemicals (11)% -- (9)% --
Fine chemicals (8)% -- (2)% --
Fibers (16)% -- (12)% --
Coatings, inks & resins 5 % - 5% +
Total Segment (3)% (57)% (2)% (20)%
=== === === ===
CORE PLASTICS SEGMENT
Container plastics 30 % ++ (9)% --
Flexible plastics (8)% ++ 2 % ++
Total Segment 14 % 40% (5)% -%
=== === === ===
CHEMICAL INTERMEDIATES SEGMENT
Industrial intermediates 8% ++ 2% +
Total Segment 8% 38% 2% 1%
=== === === ===
TOTAL EASTMAN 4 % (41)% (2)% (24)%
=== === === ===
(1) 0 = Change of approximately 0 - 2% (+ or -)
+ = Increase of approximately 2 - 10%
++ = Increase of greater than 10%
- = Decrease of approximately 2 - 10%
-- = Decrease of greater than 10%
Sm = Negligible change in dollar amount
Nm = Not meaningful
(2) Operating earnings reflect an allocation of the $62 million ($40 million
after tax) charge for partial settlement/curtailment of pension and other
postemployment benefit liabilities to segments as follows: Specialty and
Performance, $34 million; Core Plastics, $18 million; and Chemical
Intermediates, $10 million.
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