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EspañolSOLUTIA INC
(Redirected from Solutia)
'Solutia Inc.' is a chemical production company. It was formed in 1997 as a spin-off of Monsanto Company.
Monsanto's core business was chemicals, and so Solutia traces its antecedents back to the foundation of Monsanto in St. Louis in 1901. Following growth and diversification, and then significant litigation surrounding various products, Monsanto changed its character through mergers and spin-offs. This included the creation of Solutia as an independent company on September 1, 1997, after shareholders approved the spin-off of the chemical businesses.
Solutia filed for bankruptcy in early December of 2003.
Solutia's 2007 product line includes:
Polyvinyl Butaral resins and films (trade names Saflex and Butvar)
nylon6,6 polymers and fibers (Trade names Vydyne and Ultron)
nylon6,6 intermediate chemicals, including Adipic acid, Hexamethylenediamine, and
Nitrilotriacetic acid.
Aviation hydralics fluids (trade name Skydrol)
Heat transfer fluids (Trade name Therminol)
Precision coated films (Trade names Llumar and Gila)
Antimicrobial pesticide products (used in mold remediation)
Rubber chemicals, including antioxidants, stabilizers, and crosslinking agents.
2004 figures:
★ Headquarters: St. Louis
★ Turnover: $3 billion
★ Assets: $4 billion
★ Employees: over 9,000
★ Manufacturing plants: 35
★ Presence in 30 countries.
Prior to the formation of Solutia, Monsanto spun off its rubber chemicals business into Flexsys, a 50:50 joint venture with Akzo Nobel. In early 2007, Solutia announced the intent to acquire all of Flexsys, including Akzo's portions. This acquisition was completed on May 2, 2007
★ [1]. This acquisition added 19 manufacuring facilities worldwide to Solutia.
Solutia Announced in March 2007 the intent to sell its Dequest water treatment chemicals business to Thermphos.
★ [2] This is expected to be completed in mid-2007.
★ Company website
'Solutia Inc.' is a chemical production company. It was formed in 1997 as a spin-off of Monsanto Company.
| Contents |
| History |
| Bankruptcy |
| Current operations |
| External links |
History
Monsanto's core business was chemicals, and so Solutia traces its antecedents back to the foundation of Monsanto in St. Louis in 1901. Following growth and diversification, and then significant litigation surrounding various products, Monsanto changed its character through mergers and spin-offs. This included the creation of Solutia as an independent company on September 1, 1997, after shareholders approved the spin-off of the chemical businesses.
Bankruptcy
Solutia filed for bankruptcy in early December of 2003.
Current operations
Solutia's 2007 product line includes:
Polyvinyl Butaral resins and films (trade names Saflex and Butvar)
nylon6,6 polymers and fibers (Trade names Vydyne and Ultron)
nylon6,6 intermediate chemicals, including Adipic acid, Hexamethylenediamine, and
Nitrilotriacetic acid.
Aviation hydralics fluids (trade name Skydrol)
Heat transfer fluids (Trade name Therminol)
Precision coated films (Trade names Llumar and Gila)
Antimicrobial pesticide products (used in mold remediation)
Rubber chemicals, including antioxidants, stabilizers, and crosslinking agents.
2004 figures:
★ Headquarters: St. Louis
★ Turnover: $3 billion
★ Assets: $4 billion
★ Employees: over 9,000
★ Manufacturing plants: 35
★ Presence in 30 countries.
Prior to the formation of Solutia, Monsanto spun off its rubber chemicals business into Flexsys, a 50:50 joint venture with Akzo Nobel. In early 2007, Solutia announced the intent to acquire all of Flexsys, including Akzo's portions. This acquisition was completed on May 2, 2007
★ [1]. This acquisition added 19 manufacuring facilities worldwide to Solutia.
Solutia Announced in March 2007 the intent to sell its Dequest water treatment chemicals business to Thermphos.
★ [2] This is expected to be completed in mid-2007.
External links
★ Company website
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