Solutia Company Description
Solutia manufactures plastics, films, and chemicals for the construction, automotive, and rubber manufacturing industries. The company operates through three segments. The company's technical specialties unit manufactures chemicals for rubber manufacturers. Its Saflex unit produces polyvinyl butyral (PVB) sheet, which is used as an interlayer in the manufacture of glass. CPFilms makes various plastic films for use in glass, tapes, and packaging products. Solutia entered Chapter 11 bankruptcy protection in late 2003, after years of litigation and a load of debt remaining from its spinoff from the former Monsanto. It emerged from bankruptcy finally in early 2008.
View the Comprehensive Company Description for Solutia
The Company Description provides a historical perspective of Solutia's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Solutia's evolution in the marketplace.
