Pricing Impact


Capacity Impact
Value

Our strong financial position combined with a multitude of business lines across a broad global spectrum generates a variety of opportunities to add incremental capacity at attractive returns. For example, our planned 2011 growth-directed capital investments amount to $1.2 billion and are expected to yield a pre-tax cash payout in roughly 2.8 years. This equates to a return on average capital employed of approximately 20 percent.