• Sales of $32.8 billion, up 3.5 percent year-on-year
• Organic local-currency sales growth of 3.2 percent; growth across all business groups and all geographic areas
• GAAP EPS of $8.89 vs. $7.93 last year, up 12.1 percent year-on-year
  o    Full-year 2018 earnings included a net charge of $1.57 per share related to TCJA and the Q1 2018 legal settlement; and a $0.50 per share net benefit from divestiture gain, net of actions
  o    Full-year 2017 earnings included tax expense of $1.24 per share related to TCJA
• Adjusted EPS of $10.46 vs. $9.17 last year, up 14.1 percent year-on-year, excluding the impact of TCJA and the Q1 2018 legal settlement
• Returned $8.1 billion to shareholders via dividends and gross share repurchases

DowDuPont

• GAAP earnings per share from continuing operations totaled $1.65. Adjusted earnings per share was $4.11, up 21 percent versus pro forma results in the year-ago period. Adjusted earnings per share excludes significant items totaling net charges of $2.02 per share, as well as a $0.44 per share charge for DuPont amortization of intangible assets.
• GAAP net sales increased 38 percent. Net sales increased 8 percent to $86.0 billion versus pro forma results in the year-ago period, with gains in all regions.
• Volume grew 4 percent on a pro forma basis, with gains in most regions, led by double-digit growth in Asia Pacific.
• Local price rose 3 percent on a pro forma basis, with gains in all regions. Currency increased sales 1 percent.
• GAAP Net Income from Continuing Operations totaled $4.0 billion. Operating EBITDA increased 13 percent to $18.3 billion versus pro forma results in the year-ago period, as cost synergies; local price gains; volume growth, including the benefit of new capacity additions; lower pension/OPEB costs; and higher equity earnings more than offset higher raw material costs.
• DowDuPont achieved year-over-year cost synergy savings of $1.6 billion, surpassing its increased target of $1.5 billion.
• Cash flow from operations totaled $4.7 billion and included discretionary pension contributions of approximately $2.2 billion. Excluding these discretionary contributions, cash flow from operations would have been $6.9 billion.

Eastman
Consolidated Financial Results 2018 Versus 2017

• Sales revenue in 2018 of $10.2 billion increased by 6 percent driven by higher selling prices in three of four segments, solid volume growth and improved product mix, as well as favorable foreign currency exchange rates in the first half of the year. Sales revenue grew in all regions, demonstrating that Eastman’s strategy of driving growth through innovation is helping to offset slowing economic growth.
• Reported EBIT increased primarily due to coal gasification incident insurance in 2018 and costs in 2017 and included pension and other postretirement benefit plans mark-to-market adjustments in both periods. Adjusted EBIT was flat for the full year, with 10 percent earnings growth in the first half mostly offset by a challenging fourth quarter. The strong earnings in first half 2018 demonstrated the benefits of the company’s innovation-driven growth model and continued cost management, while the challenges in the fourth quarter included higher raw material, energy and distribution costs, the impact on demand of uncertainty from the U.S. – China trade dispute, and increased costs of approximately $25 million due to industrial gas supplier disruptions during the second quarter. Eastman also increased its growth investment by approximately $50 million in 2018.
• Reported earnings per share declined primarily due to an estimated net tax benefit recognized in 2017 as a result of tax law changes. Adjusted earnings per share increased despite challenging macroeconomic conditions primarily due to share repurchases and a lower tax rate.

Huntsman
Full Year 2018 and Fourth Quarter Highlights

• 2018 net income of $650 million compared to $741 million in the prior year; 2018 diluted earnings per share of $1.39 compared to $2.61 in the prior year.
• 2018 adjusted net income of $808 million compared to $604 million in the prior year; 2018 adjusted diluted earnings per share of $3.34 compared to $2.48 in the prior year.
• 2018 adjusted EBITDA of $1,469 million compared to $1,259 million in the prior year.
• Fourth quarter net loss of $315 million compared to net income of $287 million in the prior year period; Fourth quarter diluted loss per share of $1.43 compared to diluted earnings per share of $1.00 in the prior year period.
• Fourth quarter adjusted net income of $123 million compared to $186 million in the prior year period; Fourth quarter adjusted diluted earnings per share of $0.52 compared to $0.76 in the prior year period.
• Fourth quarter adjusted EBITDA of $275 million compared to $360 million in the prior year period.
• 2018 net cash provided by operating activities was $963 million. Free cash flow generation was $651 million.
• Balance sheet remains strong with a net leverage of 1.3x.
• 2018 share repurchases of approximately 10.4 million shares for approximately $276 million.

LyondellBasell

• Net Income: $0.7 billion in the fourth quarter; $4.7 billion in 2018
• Diluted earnings per share: $1.79 per share in the fourth quarter; $12.01 per share in 2018
• EBITDA: $1.2 billion in the fourth quarter; $6.9 billion in 2018
• Record annual EBITDA for Intermediates & Derivatives and Technology segments
• Implemented our tenth dividend increase to $1.00 per share in 2018
  Paid dividends and repurchased 11.5 million shares totaling $1.4 billion in the fourth quarter; $3.4 billion in 2018

Rayonier Advanced Materials
Fourth Quarter and Full Year 2018 Results

• Full year 2018 net income of $128 million, or $1.96 per diluted common share; adjusted EBITDA of $364 million
• Full year 2018 operating cash flow of $247 million; adjusted free cash flow of $152 million
• Balanced capital allocation with $45 million of debt reductions, $37 million of strategic capital investments, and $72 millionreturned to stockholders through dividends and stock repurchases
• Achieved 2015 Cost Transformation goal to reduce costs by $140 million over four years
• On-track to deliver $155 million of EBITDA from Strategic Pillars by end of 2020, with $61 million captured in 2018 which includes $25 million from 2015 Cost Transformation goal
• Cellulose specialties prices and volumes in 2019 expected to be stable for the first time in six years

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SABIC
Fourth Quarter and 2018 Highlights:

• Annual Revenues of SAR 169.09 Billion, a 12.9 % Increase Year-Over-Year
• Net Profit Reaches SAR 21.54 Billion, a 16.87 % Increase Year-Over-Year
• Earnings per share of SAR 7.18 , a 17% Increase Year-Over-Year
• Fourth Quarter Net Profit of SAR 3.24 Billion, a 12.43 % Decrease Year-Over-Year
• Fourth Quarter Net Profit of SAR 3.24, a 46.88 % Decrease vs Third Quarter 2018