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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended: DECEMBER 31, 1995 Commission file number: 1-9699
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BORDEN CHEMICALS AND PLASTICS
LIMITED PARTNERSHIP
Delaware 31-1269627
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(State of organization) (I.R.S. Employer
Identification No.)
Highway 73, Geismar, Louisiana 70734 (614) 225-4482
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(Address of principal executive offices) (Registrant's telephone
number)
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each class Name of each exchange on which registered
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Depositary Units Representing New York Stock Exchange
Common Units
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
NONE
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Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes X No _____.
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Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein. [x]
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Aggregate market value in thousands of the Common Units held by non-
affiliates of the Registrant based upon the average sale price of such Units on
February 9, 1996 was approximately $505 million.
Number of Common Units outstanding as of the close of business on February 9,
1996: 36,750,000.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
BORDEN CHEMICALS AND PLASTICS
LIMITED PARTNERSHIP
By BCP Management, Inc.,
General Partner
By /s/ James O. Stevning
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James O. Stevning
Vice President, Chief Financial
Officer and Treasurer
By /s/ John R. Beaver
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John R. Beaver
Controller and Principal
Accounting Officer
Date: April 23, 1996
Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of the
Registrant and in the capacities (with BCP Management, Inc., General Partner)
indicated, on the date set forth above.
Signature Title
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/s/ Joseph M. Saggese Director, Chairman, President
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Joseph M. Saggese and Chief Executive Officer
/s/ Edward H. Jennings Director
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Edward H. Jennings
/s/ George W. Koch Director
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George W. Koch
/s/ Joan V. Stapleton Director and Vice President
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Joan V. Stapleton
/s/ William H. Carter Director
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William H. Carter
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EXHIBIT INDEX
Exhibit Number Description
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27 Financial Data Schedule
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> YEAR YEAR
<FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994
<PERIOD-START> JAN-01-1995 JAN-01-1994
<PERIOD-END> DEC-31-1995 DEC-31-1994
<CASH> 32,421 74,126
<SECURITIES> 0 0
<RECEIVABLES> 91,447 122,258
<ALLOWANCES> 457 627
<INVENTORY> 43,072 28,131
<CURRENT-ASSETS> 170,024 226,719
<PP&E> 691,806 573,499
<DEPRECIATION> 337,175 290,180
<TOTAL-ASSETS> 568,507 542,904
<CURRENT-LIABILITIES> 144,711 169,745
<BONDS> 200,000 120,000
0 0
0 0
<COMMON> 0 0
<OTHER-SE> 216,464 245,735
<TOTAL-LIABILITY-AND-EQUITY> 568,507 542,904
<SALES> 739,587 657,752
<TOTAL-REVENUES> 739,587 657,752
<CGS> 516,527 446,216
<TOTAL-COSTS> 516,527 446,216
<OTHER-EXPENSES> 30,941 27,697
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 19,066 16,342
<INCOME-PRETAX> 150,926 146,405
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 150,926 146,405
<DISCONTINUED> 0 0
<EXTRAORDINARY> (6,912) 0
<CHANGES> 0 0
<NET-INCOME> 144,014 146,405
<EPS-PRIMARY> 3.88 3.94
<EPS-DILUTED> 3.88 3.94
</TABLE>
