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Eastman to Acquire Solutia

31-Jan-2012

Eastman Chemical Company and Solutia Inc. announced that they have entered into a definitive agreement, under which Eastman will acquire Solutia. Under the terms of the agreement, Solutia stockholders will receive $22.00 in cash and 0.12 shares of Eastman common stock for each share of Solutia ...

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Solutia Completes Acquisition of Southwall Technologies Inc.

30-Nov-2011

Solutia Inc. has completed the previously announced acquisition of Southwall Technologies Inc.. The $113 million transaction was funded by Solutia with existing cash on hand and is expected to be accretive in the first year. "This acquisition combines Solutia's leading commercial and market ...

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Solutia Announces Price Increase for Saflex(R) Polyvinyl Butyral Product Portfolio

08-Oct-2010

Solutia Inc. announced that the company's Saflex(R) Polyvinyl Butyral (PVB) products will be subject to a price increase effective December 15, 2010. Prices for currently contracted business will be adjusted as individual contracts come due. The price increase will range from 6% to 10% throughout ...

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Solutia Raises Price On All Ascend and Vydyne Nylon Plastics and Polymers

13-Aug-2008

Solutia Inc. has announced a price increase of 10% across its Ascend(r) and Vydyne(r) polyamide 66 (PA66) resins worldwide. This increase applies to orders shipped on or after September 1 and will be applied across the Ascend and Vydyne product families. According to the company, key raw ...

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Solutia Raises Price on All Nylon Industrial Fibers

08-May-2007

Solutia Inc. Solutia Nylon Industrial Fibers will implement up to a 7% price increase effective May 20, 2007. This increase will apply to all fibers serving the airbag, industrial, and military markets, ranging from 420 through 1890 denier. "We have implemented this price increase to reflect the ...

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Solutia Breaks Ground at Plant in Ghent, Belgium, for New Manufacturing Line for Saflex Interlayer

28-Mar-2007

The Saflex(r) unit of Solutia Inc. broke ground for a new manufacturing line at its plant in Ghent, Belgium. This project marks another major step in Solutia's global investment program for its Saflex(r) PVB interlayers. The new Ghent manufacturing line will produce 3.2-meter-wide rolls of ...

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Akzo Nobel agrees to sell 50 percent stake in Flexsys

19-Dec-2006

Akzo Nobel has reached an agreement in principle to sell its 50 percent stake in rubber chemicals business Flexsys to joint venture partner Solutia Inc. Financial details were not disclosed. The proposed deal also includes the sale of Akzo Nobel's toll manufacturing operation for Flexsys at the ...

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Solutia Recognized by U.S. Environmental Protection Agency for Biodegradable Chemistry

25-Sep-2006

As part of National Pollution Prevention Week, Solutia Inc. has been recognized by the U.S. Environmental Protection Agency's New Chemicals Pollution Prevention (P2) Program for Dequest PB, an innovative biodegradable product used in water and process treatment. The P2 Recognition Project ...

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Solutia Completes Sale of Pharmaceutical Services Business

25-Aug-2006

Solutia Inc. announced that its subsidiary, Solutia Europe SA/NV ("SESA"), has completed the sale of its Pharmaceutical Services business, comprised principally of SESA's subsidiary CarboGen Amcis AG. Dishman Pharmaceuticals and Chemicals Limited and its subsidiaries have purchased 100 percent of ...

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Solutia Begins Construction of New PVB Plant in China

06-Sep-2005

Solutia Inc. announced it is beginning the construction of a new Saflex PVB interlayer plant in China. The company anticipates beginning production at the plant in mid-2007. Solutia made the decision to construct the plant following the completion of a design and engineering study that began in ...

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