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Regions :: North America

May 8, 2008

Solutia’s Earnings Fall on Higher Taxes and Costs

Kerri Walsh

Solutia’s first-quarter net income excluding special items fell 73%, to $4 million, on pro-forma sales up 14%, to $985 million. Sales now include Flexsys following Solutia’s acquisition of the 50% stake it did not already own in the former joint...

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