Segment Information (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Schedule of Segment Reporting Information, by Segment

Segment EBITDA:

	Three Months Ended March 31,
	2013			2012
Epoxy, Phenolic and Coating Resins	$	68		$	114
Forest Products Resins		55			46
Corporate and Other (2)		(18	)		(14	)

(2) For the three months ended March 31, 2012, the Company has reclassified approximately $3 of costs into Corporate and Other Segment EBITDA which were previously excluded.

Net Sales to Unaffiliated Customers (1):

	Year Ended December 31,
	2012		2011		2010
Epoxy, Phenolic and Coating Resins	$	3,022	$	3,424	$	2,990
Forest Products Resins		1,734		1,783		1,607
Total	$	4,756	$	5,207	$	4,597

Segment EBITDA:

	Year Ended December 31,
	2012			2011			2010
Epoxy, Phenolic and Coating Resins (2)	$	337		$	506		$	491
Forest Products Resins (3)		201			180			177
Corporate and Other		(48	)		(51	)		(61	)

Total Assets:

	As of December 31,
	2012		2011
Epoxy, Phenolic and Coating Resins	$	1,694	$	1,688
Forest Products Resins		760		790
Corporate and Other		871		618
Total	$	3,325	$	3,096

Depreciation and Amortization Expense, by Segment

Depreciation and Amortization Expense:

	Year Ended December 31,
	2012		2011		2010
Epoxy, Phenolic and Coating Resins	$	109	$	113	$	111
Forest Products Resins		38		49		47
Corporate and Other		6		5		6
Total	$	153	$	167	$	164

Capital Expenditures by Segment

Capital Expenditures (4):

	Year Ended December 31,
	2012		2011		2010
Epoxy, Phenolic and Coating Resins	$	89	$	89	$	77
Forest Products Resins		41		36		34
Corporate and Other		3		14		3
Total	$	133	$	139	$	114

(1) Intersegment sales are not significant and, as such, are eliminated within the selling segment.

(2) Included in the Epoxy, Phenolic and Coating Resins Segment EBITDA are “Earnings from unconsolidated entities, net of taxes” of $18, $16 and $8 for the years ended December 31, 2012, 2011 and 2010, respectively.

(3) Included in the Forest Products Resins Segment EBITDA are “Earnings from unconsolidated entities, net of taxes” of $1, less than $1 and less than $1 for the years ended December 31, 2012, 2011 and 2010, respectively.

(4) Excludes capital expenditures of discontinued operations. Includes capitalized interest costs that are incurred during the construction of property and equipment.

Reconciliation of Segment EBITDA to Net Income

Reconciliation of Segment EBITDA to Net Loss:

	Three Months Ended March 31,
	2013			2012
Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	68		$	114
Forest Products Resins		55			46
Corporate and Other		(18	)		(14	)
Reconciliation:
Items not included in Segment EBITDA:
Asset impairments		—			(23	)
Business realignment costs		(9	)		(15	)
Integration costs		(3	)		(5	)
Other		(11	)		(18	)
Total adjustments		(23	)		(61	)
Interest expense, net		(74	)		(65	)
Loss on extinguishment of debt		(6	)		—
Income tax benefit		32			2
Depreciation and amortization		(38	)		(38	)
Net loss	$	(4	)	$	(16	)

Reconciliation of Segment EBITDA to Net Income:

	Year Ended December 31,
	2012			2011			2010
Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	337		$	506		$	491
Forest Products Resins		201			180			177
Corporate and Other		(48	)		(51	)		(61	)
Reconciliation:
Items not included in Segment EBITDA:
Terminated merger and settlement income, net		—			—			171
Asset impairments and other non-cash charges		(54	)		(41	)		(8	)
Business realignment costs		(35	)		(15	)		(20	)
Integration costs		(12	)		(19	)		—
Net income (loss) from discontinued operations		—			2			(3	)
Other		(14	)		(12	)		(28	)
Total adjustments		(115	)		(85	)		112
Loss on extinguishment of debt		—			—			(30	)
Interest expense, net		(263	)		(262	)		(276	)
Income tax benefit (expense)		365			(3	)		(35	)
Depreciation and amortization		(153	)		(167	)		(164	)
Net income	$	324		$	118		$	214

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

Net Sales to Unaffiliated Customers (1):

	Year Ended December 31,
	2012		2011		2010
United States	$	2,005	$	2,130	$	1,861
Netherlands		902		1,051		938
Germany		298		402		347
Canada		336		304		244
Other international		1,215		1,320		1,207
Total	$	4,756	$	5,207	$	4,597

(1) Sales are attributed to the country in which the individual business locations reside.

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

Long-Lived Assets as of December 31:

	As of December 31,
	2012		2011
United States	$	582	$	597
Netherlands		230		237
Germany		123		131
Other international		492		515
Total	$	1,427	$	1,480

Segment Information Regarding Net Sales

Net Sales (1):

	Three Months Ended March 31,
	2013		2012
Epoxy, Phenolic and Coating Resins	$	765	$	794
Forest Products Resins		427		442
Total	$	1,192	$	1,236

(1) Intersegment sales are not significant and, as such, are eliminated within the selling segment.