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Solutia Net Income Rises 15%

10:52 AM MST | January 30, 2012 | Vincent Valk

Solutia reported fourth-quarter net income up 15% year-on-year, to $54 million, on sales up 8%, to $526 million. Adjusted earnings totaled 49 cts/share, 2 cts/share above analysts’ consensus. The increases were due to higher sales volumes and favorable...

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