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Business Description
Hercules Incorporated is a manufacturer and marketer of specialty chemicals and related services for a broad range of business, consumer and industrial applications. The Company is focused on maximizing cash flow and delivering stockholder value by concentrating on managed growth in its core businesses as well as ongoing improvements in its manufacturing processes. Hercules operates on a global scale, with significant operations in North America, Europe, Asia and Latin America. Product sales occur in over 50 countries with significant revenue streams generated in four continents.

Financial Information
Hercules Inc. operates in three industry segments: Process Chemicals and Services (pulp, paper, BetzDearborn); Functional Products (aqualon, food gums) and Chemical Specialties (resins, fibervisions). For the six months ended 6/02, net sales fell 12% to $839 million. Net loss from continuing operations before acctg. change totaled $24 million, up from $5 million. Results reflect the effects of the Resins divestitures and charges related to the write-off of debt issuance costs.