in this issue
World News and Views :: Top of the News
Solutia Expects Higher Third-Quarter Ebitda
11:09 AM MDT | October 20, 2008 | Nancy Seewald
Solutia says it expects third-quarter Ebitda from continuing operations, which includes Saflex, technical specialties, and CPFilms, of $111 million, up 46% compared from the year-ago period. Sales are expected to grow 29%, to $587 million. The company cites “volume, price, and manufacturing improvements.” Its nylon business, which will be reported as a discontinued operation, is expected to post a loss of $5 million, on sales of $506 million. Solutia cites the effects of Hurricane Ike as well as deteriorating markets in nylon intermediates and nylon...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee