Solutia posts $9 million May operating income

By Caroline Salls

Pittsburgh, June 28 - Solutia Inc. reported $9 million in operating income for May on sales of $246 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

The net income for the month was $2 million.

Cash on May 31 was $75 million.

Solutia, a St. Louis-based manufacturer and provider of performance films, specialty chemicals and an integrated family of nylon products, filed for bankruptcy on Dec. 17, 2003. Its Chapter 11 case number is 03-17949.

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