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i Our wholly-owned subsidiaryanies, <br /> b Carpenter Oil&Gas based in Aas,Texas and <br /> �t o 6 Carpenter Chemical Company based in Bayport, <br /> Texas,assure us of basic petrochemical raw <br /> materials and feedstocks essential to the operation <br /> of our business. <br /> �� Carpenter Chemical manufactures a variety of <br /> chemical products such as the polyether polyol we C <br /> use to produce flexible urethane foam. Although G <br /> we have traditionally used most of the chemicals <br /> from this plant ourselves,the basic oxolation <br /> capability now enables our expanding operation to <br /> supply chemical products to the other markets as <br /> well. <br /> To better manage the overall quality of the <br /> processing of our products,we have developed <br /> our own support systems which include <br /> polyethylene film for economical,dependable <br /> packaging and laminating and adhesives for <br /> laminating foam,fiber or other components to one <br /> another. <br /> &0�040_�:d <br /> Left <br /> Carpenter Chemical Company <br /> supplies petrochemical raw <br /> materials to the Carpenter <br /> network. <br /> Above <br /> Advance technology controls <br /> monitor chemical production in <br /> our Bayport,Texas plant. - <br /> Carpenter manufactures large <br /> quantities of adhesives for high <br /> quality fiber and foam <br /> assemblies. <br /> Polyethylene films in virtually <br /> unrestricted widths and roll <br /> lengths for a number of <br /> industrial applications are <br /> produced on Carpenter's <br /> cusrom-designed extruding <br /> equipment. <br />