Report: Solutia’s Monthly Loss Narrows


Report: Solutia's Monthly Loss Narrows

St. Louis, MO, May 1, 2007–According to a monthly operating report released by the Securities and Exchange Commission, Solutia narrowed its monthly net loss in March to $2 million, from a net loss of $4 million in February.

 

The company filed for Chapter 11 protection in December 2003 through the U.S. Bankruptcy Court in Manhattan.

 

Sales, according to the report, were $259 million in March, up from sales of $224 million in February.

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