Eastman Chemical Company Earnings Call Insights: Key Propylene Derivatives and the Solutia Acquisition

James P. Rogers – Chairman and CEO: So you are one of those poker players who always give all in on every hand.

Duffy Fischer – Barclays Capital: Well, unfortunately sometimes wrongly.

James P. Rogers – Chairman and CEO: No, I mean, we are trying to be judicious. One of the main drivers was the whole regulatory environment, not only what we are facing with Boiler MACT and something called (BAR), but just trying to look down the road a few years as to where do we think this country is going. In the past we’ve always looked at it and coal was always so advantaged that you just swallowed hard and paid all the regulatory changes you had to make paid for all those changes. Now, with the outlook for natural gas and as compared to Central Appalachian coal, it’s really a push on the economics. Then you go to the capital cost, and Curt gave it to you, $90 million compared to something that was probably a couple of hundred million north of that for getting coal in compliance. So you knew you were going to do something. Then the issue is how much do you do. This amount allows us to avoid that capital meets all our regulatory requirements and then some, plus frankly we tend to like the idea of being for our energy needs here at our major side half gas, half coal. We think that kind of plays to what we talk about some of the other places in terms of being diversified and trying to smooth to earnings. So net, net a good result it’s a shame in a way we had to eat I think $17 million but we couldn’t just sit on our hands earlier we had to get going on the engineering to be in compliance and meet the timeline and then of course a world for shale gas just moved — gas prices moved and you know we got a much better alternative. So we had to scrap the plans to change our – change our boilers over.

The Solutia Acquisition

Robert Koort – Goldman Sachs: I was wondering if you could give us a little more granularity on what’s going on until the key markets from the Solutia acquisition maybe on a regionalized basis for both auto and tires?