Third quarter 2006 sales revenue included sales from divested product lines. Excluding these items, sales revenue was similar to third quarter 2006. For reconciliations to reported company and segment sales revenue, see Tables 4 and 5 in the accompanying third-quarter 2007 financial tables.
Operating earnings in third quarter 2007 were $40 million compared with operating earnings of $158 million in third quarter 2006. Excluding asset impairments and restructuring charges from both third quarter 2007 and third quarter 2006 and accelerated depreciation costs from third quarter 2007, operating earnings were $169 million in third quarter 2007 compared with $171 million in third quarter 2006.
The company's third-quarter 2007 raw material and energy costs were similar to third quarter 2006, with increasing propane costs and decreasing costs for paraxylene.
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