Document 0J9na1y6YjVm1wJj4zJMmLEjm

Glidden CHEMICALS P|GMENTS METALS SOUTHERN CHEMICAL CHEMURGY This report has been prepared by the Company to describe its diversified operations. It is intended for distribution to investors, security analysts and other persons interested in the Company. It is not a representation or pros pectus in respect to the Company's securities and is not transmitted in con nection with any proposed sale or offer to sell or buy any stock or security. The information contained in this report has been obtained from Company annual reports, Company reports to the Securities and Exchange Commission, Company internal reports and industry data. wu CHEMICALS-PIGMENTS-METALS DIVISION GU032299 i u'ntj c6S Sa*'gr .. o P< j: . $C?L .fts, .V2I ^ ' *'sls ; i -b -s ! s a -s c So Cg 53 ^^ ku> X & t 2 ]U. < 2o j *o . cr Sci> .|0 e"* -xc i V ! b I C s 113 s iJHC x a bO >* L C cw*.ou *oq 'x P ..y> 0" <S-S-5 1 " Is S rS aS.'g'5 c 4? a. ~ Es s E E I p i li- 1) *o < ! 8. i -S | 2 S. -cx. ssU '=Sc *8acc .ga5a5 xrJ.S*5P7su5 Sc **PC I? -9 5 <2 C | .a ^ -5 fc-S i i if 8 8- is-Pl i:: *t3Q> *cB5 TC2 "c2<4 v3. S a2. g lifl if .5 X_ c .5 I p-B U ! ?o Si ' jJ&S--'S SH M"Oset, c* g5-.*NE Sa "<Oi ^ t 2 'S -2 t, OK g-S S o.gg 11 || I iCo .*BCo u Vj . ' 6vb UH-saJ-ss3 ea S53 **0 *3. "Z " c *2 . p8 a c -g. 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VJ5. y* p-T ft y* c n 'O o o y 00 P~ ftp-1 m co s y ft ft OO O' --ft ft poc so y ft. ft p-T p-Trf ft" nf ft s ft ft nftr ft* y p-p ft* 55^ nc4f ft rn oo" p-p ft p- ft^ SCO* OO ft p-f CO CN o p-- TP - N N N y ft s ft co ft cn m cn ft p-p 4 ft fts Oy'* y ys yi S -- ft ft in ft m T--. v-ar I! 2 ? * E i| To&O*oO-- t - -- P'S'f CN y c\ S3 ft- tO to to 00 *-- oc *o ftl tfC to" of iK n to -- in >n ft O M C ft irT of o" m *o m m *o rs~o -*--- in n *v ^<q coo'f' O it- <d ^ ftl CM n O o if 65 >t cun iri o Is N W C6 S' O O O- Ift o' 0O- C>f 'O O M O M r- CM MVD lqft'OOft)'Om -* N fft vfi -- *f in - m n <ft n <o go o q q to ftf cf co" in' m ts oo n /ft ft (ft N N ff to to O co ft- -t m -1 IO T- N V c m oo ft- to O O ft^ (O' oc* eo oc c m O' v> II !1 to ft- -e N M tr tt m M -cm tifti' n * M OO iftMOO c m f M M * fft M t ,r> <c fj O O CO M *t to cT o ft- -OC OCM NCOM<0 W ftj (O (ft V c m co q _ oo to ci t in o t/i n " *"* *"* tn n C O o' M N (ft (ft (O < tJ oo w, o to cooooom -c ift q ft* M --ft pto* n o' o q SRSS ftt o c m oo *n < o V O' oo o O ftl o a ^ NO to to CM -- q eo tO co qto r* CMs' toV 'q'qrM uft <vj in On cq to * f^r^co* cC " oo c n -- c m sf? M m OtMCNOfto (O eo S' c CM to sq to *q CM * * t*1? Nnf o"ft g(fit t(fft t(fftt *(ft ro t-- ft-- O CM c m r- lO _\q c m \o NOr-ae'od*r-- w-1 *0 NO - COt*% c m CM CM to tO tO to to O' C* O CM CM uft O' ^ O Ill'S Oc- (ft (#ft tN- fctcq q q oo o' lO? NfT Nf 3 oo c m r~ ot M (ft N Nft t r> O ift C"i O -- CO c o d* fM n o " tme'C'O W ft- M O *- to n o o *OoO SOS rO~ CroM Cr-M" o q m c in 5C *t tioft cifTt nido ' s! O' -- CJ to (ft f >r v v I! P> O' C O' c> c o >o r- e V 'f M- NT O' O' O' O' O' O' r- CM to vft- uft Uft Ci O' O' ' Tf N ' rft CO ( CM -M- ft' oom'ooco'ft M- *- fO CM (O OO (ft O (ft ft o *- ft- tn i r CM 00* < 5 Mft * ' 5 CO O- ~ CM in c m - -- NO ftT c m xo If) to iO 00 CM 1 CO NS ( CM : m ' fq _ vtq c m q ftM* cT" ft* M ift O M> O if! SiS to - q r- to n ~ CM CM n n o to o NO *o ec M O OO fttft) n n d ft >ft <o o *n r--' t-- Vs -o oc ao (ft ft) (ft CO ft (ft id P) ft ift O ' 05 1ft M c m to c m to ee 00 vo NO CQ ftl CM 00 m ce q fti - <l)i !Mji 00 -. * I'Os* No oin No Sc m3 ~ c m" o' " to wNiftr- ft o ift r^-o ft <ft *ft m eft ft ^ N (ft p. <N Uft o O to qft q- >o 00 ift eo co / to ?> *n oS * ft ) e> n ? oo to OO 3 cT to H I (COtHf o ;ssss sa^s's* ^fqcotqq J CM rO tO tO ft ^ N tft e> Nqiinft qO^O>fO5(ft ooioaco^o_V* S S? qc c m in aT ocTto ft (ft (ft >C ift N * - yjcoO0tfcto (f*t --O?r' ~<( r to _.r t CM CO ft- f O to oo 3 ill to O to Uft O NO Cl NO NO c *" m Nin . q q cq I oo O'" to* CO NO lHlft -- NO tq Cft tn O CM CM O' VO -- qq n eTtft n n II Ift'OO'OhTf to CM O' NO o' to oo m SOCJtM ~ ft- (ft t NO NO q*f o o c-f o<f cC af O ft* On X ft* to \o -. qq o n o ' ft-" CO CN o' tn co o n <o O' tc oo oo c m _ q <q o' eo " c m to* o (ft (ft o S2 CM CM q* oo" q > CM 3 i0n t C* f- CM to to tO to CM M> O O' -- to ^ eM CM CM q* *-"qtf q^ qtf Is 5 S 00 S SM 'T- M-' Mr -T tf* tOcOCOtJ'-M' qqirur.ift e> cT n o to a r~ to r-~ c- rcM^fq eqcqoq U co oo co oo oo oT c m cT c-T ft r n o >o c -- t- CM CM CM O X X O' -- CM to ji (ft t t t ft u 5| On CN O' O' O' O' O' O' O' vj- n c to- CuMo tmO >tCn o0 0 t"" i M fm a Z < vn in n n n iftiniftinm w NO NO NO NO NO ui ca < n m m m in NO NO *C NO nO * * ft-* oc eo ft V t" tc m to m n n CM NO ftl CM ftl ft M (ft (ft (ft ft (ft oo ce* ft* NO CM CM CM tft ft- ft* ft- to to to tn ft- to to to NO 00 C 0C CM C V ft- t to tO to n ft- -- -- CM iO CM O (ft ft) CO o o _ ^- r- q c n c m" --^ r * ft- *-< rj oc ft- > NO -- CO in ft-' CM roft-** ft- CM r-ftNlftlft SSi cq uq. V* in' id1 oc c m" ft) ft) ftl (N (ft >q in' l fmt- ft- Tf to U> < ft- CM m O QC o ft- ft- *M- ft* o oc m q to O o' * CM --<* o---o--------f-t-O-- f-tnO tn -- to c m 9* t" ft C NO to CM to o o c m in -<r to <o <o cc in ft-* to* ft-* O* CM* inn-fCMNS ' -t S o' in' ftC CM ft- o *r n o m \-0----i-n-- MJ ft- CM eq in so ft. in o*' fftt-*" ' o' -*' iqn~r--qr q-- no cm *i--n O in ft- ft^ q no ^ CM cq -c"o' ft- ooo. in ftT r-r-r'ft-ft , ft- ft- ft- ft- ft ft- ft- ft- ft c * ft- ft ft_ cq * * II II ooo 8S , , ooo V I I 88o 1 August 31. * Reflects change fro m no p a r value to StO par value o f com m on. CM CM O -ft OC Cq *q CM CM_ tO ftl ftl' ftT <o -- o tn *f ft o o <n q c m o *f (O to <d ad oi ' CSiOOO CM ftl ftl 0C CO )*M-to-Mi-n-SmJ_ q c m q ' c d ft'd 1 1C, to O (O i. ,,ri. ^.q c m > in to" in' oo ft- c m to *c m to m n m- *n mm M M ft ft ft CM *? O 00 eq q cq q m s m to ft* 00 rq q q co t o c m c m -- " in iO to -t ft- (O CM tn oo to oo to c m to o m" ao N n o p v CM CM CM CM -t CO OC nO ft- CM CM ftcqo qc n CN'ft^o'-c'tn' co ft* tO ft* CM -*i- n o ft* co q ftT in' so ft* -- ft* ftl CM NN tn cd *-* c m to to -j- -r M- tr ft pi ft ft 3 CO ' ^ 5N o ft- CM (O *M-in v in in m m in m CN if 40 CO r-^ -- c*? c> cf co irtN^inev eo c* o ao v-T -T to ^ 3- m nr Cs 00 * 00 ** rs -q<q cs N p-T in'n s qcqr^}q6 N N 10 M f1 nocoiflN N 'iaq'oOq Oco Ncs -* s-Tn'co o ev*no rsinno** ocT CO* so" r>r <0 r sss to cT S5 c-f (OMANM n't O no\ C'rtftmo' N rt S " in in' in' -' ceo4 rc-> sn~ -t- i -*' <N M sf 't '' oo^s--oe*Nsoiftosoc n*0*psncf ncTr mcTwnrf r- C4 n-n 00 o n sf ^^ O On r^t o 00 o V >0 V V m* n( mc V S-l 1 1 1 I I I I I ll 00 cs op s n-^%* eqt" SD CO C n-T 40* N N n "t N < N OiPI O h fs <4 *-^ 40 o in' " *-*' I Cs nr ^ II Ui I s S 1 1 1 II ! 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