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Solutia Inc. to Supply Therminol VP-1 to Solar Thermal Power Plant in Egypt

ST. LOUIS, Aug. 18, 2008 (GLOBE NEWSWIRE) -- Solutia Inc. (NYSE:SOA) announced today that it will be supplying a solar thermal power plant in Egypt with Therminol(tm) VP-1, a synthetic heat transfer.. - Read more

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Solutia to sell 22.3M shares, raise product prices

Solutia Inc. said Monday it was selling 22.3 million shares of it stock at $13 a share to raise $290 million. (SOA)

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Solutia profit plunges in Q2

Solutia Inc. reported Monday a $16 million loss in the second quarter, compared to a $56 million profit a year earlier, but the changes were part of an accounting technicality required when companies emerge from bankruptcy. (SOA)

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Solutia raises price of Skydrol aviation hydraulic fluids

Solutia Inc. announced Friday a global price increase of up to 30 percent for its full line of Skydrol aviation hydraulic fluids.

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US: Solutia to explore possible sale of its nylon business

Specialty chemicals maker Solutia Inc today (30 June) said it has retained HSBC Securities (USA) Inc to explore strategic alternatives for its nylon business, including a possible sale.

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Solutia looks at options, possible sale of nylon business

Solutia Inc. announced Monday that it retained HSBC Securities (USA) Inc. to explore strategic alternatives for its nylon business, including a possible sale. The nylon business generated more than half of the company's total revenue last year, but was a drag on earnings, the company said. (SOA)

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Solutia files to offer $600M in securities

Solutia Inc. may offer to sell up to $600 million of debt securities, common stock, preferred stock, depositary shares, warrants and stock purchase contracts, the company said in a shelf registration filed Friday with the Securities and Exchange Commission. (SOA)

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Solutia launches Saflex Photovoltaic business unit

Solutia Inc. announced Wednesday it established its Saflex Photovoltaic business unit to take advantage of the rapidly growing for thin-film solar panels. (SOA)

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Rising costs force Solutia to raise prices of Ascend, Vydyne resins

Solutia Inc. will increase the prices of its Ascend and Vydyne polyamide 66 (PA66) resins worldwide by 10 percent due to soaring costs of transportation and energy prices. (SOA)

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Flexsys Seeks to Expand Crystex Capacity in Asia-Pacific Region

ST. LOUIS, May 28, 2008 (PRIME NEWSWIRE) -- Solutia Inc. (NYSE:SOA) today announced that its Flexsys subsidiary is seeking to expand its Crystex(r) insoluble sulfur manufacturing capacity in the Asia-Pacific region and is currently evaluating sites to determine the most suitable location.

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Solutia to incur up to $60M in charges in phasing out Welsh facility

Solutia Inc. expects that the previously announced phase out of its rubber chemicals facility in Ruabon, Wales, will result in pre-tax charges of about $45 million to $60 million over the next four years, beginning in the second quarter of 2008, according to a regulatory filing Tuesday. (SOA)

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Solutia to shut down Flexsys plant in Wales, 150 workers affected

Solutia Inc.'s Flexsys facility is shutting down its manufacturing facility in Ruabon, Wales, by the end of the year due to an oversupplied market leading to approximately 150 employees being laid off. (SOA)

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Solutia, Saflex break ground on expanded PVB facility in Springfield, Mass.

Solutia Inc.'s Saflex unit broke ground Monday on an expansion to its polyvinyl butyral (PVB) resin manufacturing facility in Springfield, Mass., that is expected to add 12,000 metric tons of annual capacity. (SOA)

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Solutia revenue up 40% in Q1

Solutia Inc. posted a first-quarter profit and a revenue increase of 40 percent due to gains in net sales from each of its four business segments. (SOA)

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Solutia Inc. Deploys Oracle(R) Real Application Clusters on Windows

REDWOOD SHORES, Calif., April 24 /PRNewswire-FirstCall/ -- -- Oracle today announced that Solutia Inc., a global specialty chemicals company, has deployed clustered Oracle(R) Databases o...