Question-and-Answer Session
Operator
(Operator Instructions). We'll take our first question from Mike Judd, Greenwich Consultants.
Mike Judd - Greenwich Consultants
Yes, thanks for taking my question. I’m just wondering if you could give us a sense in Engineered Materials. What do you think the demand profile will look like in the first half of the year please?
Shane Fleming
We don’t see the demand profile changing dramatically in the first half of 2009 to the profile that we would have seen through the last half of 2008. We do expect to see some softening in commercial build rates towards the latter part of 2009, but I think if you looked at our view right now for the first half of the year, its going to be balanced across all of our segments with reasonably strong demand.
Mike Judd - Greenwich Consultants
Okay and then just secondly in the building blocks area, now that the Chinese New Year has passed us, and realizing that was just recently over. Has there been any pick up in the demand in the export market for any of the Building Block Chemicals?
Shane Fleming
Mike, I think it's too early to say right now. We haven't seen any real strong indications in January that markets are turning around, and that would go across all of our chemical segments.
Mike Judd - Greenwich Consultants
Okay. Should we anticipate any voluntary pension contributions, cash contributions in '09?
Shane Fleming
I wouldn't rule it out. I think we're looking at all opportunities here and it's going to depend on the demand environment. And I just -- I'd say, we'll keep our pattern dry. I don't know Dave, if you want to comment beyond that?
Dave Drillock
Yeah. Pension money, Mike I said, we estimated to be about $45 million.
Mike Judd - Greenwich Consultants
Maybe, on top of what you run through the income statement, is that?
Dave Drillock
I think that depends on how the year progresses.
Mike Judd - Greenwich Consultants
At about 45, is that what you're saying?
Dave Drillock
Yeah.
Mike Judd - Greenwich Consultants
Okay. And then lastly, is there any off balance sheet, debt item or accounts receivables, securitizations or any like that I just forget, I don't remember they were or not?
Mike Judd - Greenwich Consultants
No, we don't have anything like that.
Mike Judd - Greenwich Consultants
Okay. Thanks a lot.
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