Fortune 500 rank: 40 (Previous rank: 36)
2006 Revenues (millions): $49,124
Headquarters: Midland, MI
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Last year was a rocky one for the chemical manufacturer, as the cyclical nature of the commodities business led to a profit decline of 18%, to $3.7 billion. Prices and sales
volume declined for plastics and chemical products. On top of that, a rubber price-fixing scandal in Europe cost the company $35 million.
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