Exhibit 11(b)(2) [Borden, Inc. Letterhead] October 1, 1997 Mr. James O. Stevning Chief Financial Officer Borden Chemical, Inc. 180 East Broad Street Columbus, OH 43215 Dear Jim: This letter will confirm our verbal agreement that Borden, Inc. is...

                                                                Exhibit 11(b)(2)


                              [Xxxxxx, Inc. Letterhead]



October 1, 1997                            



Xx. Xxxxx X. Xxxxxxxx
Chief Financial Officer
Xxxxxx Chemical, Inc.
000 Xxxx Xxxxx Xxxxxx
Xxxxxxxx, XX  00000

Dear Xxx:

This letter will confirm our verbal agreement that Xxxxxx, Inc. is prepared to
provide up to $118.5 million of funding to finance the acquisition of Melamine
at a rate not to exceed 10.5% pursuant to the terms of the term loan facility
under the Loan Agreement between Xxxxxx, Inc. and Xxxxxx Chemical, Inc.


Sincerely,

/s/ Xxxxxx X. Xxxxxxxx


Xxxxxx X. Xxxxxxxx