Solutia reports $14 million operating income for July

By Ted A. Knutson

Washington, Aug. 30 - Solutia Inc. reported operating income of $14 million for July, down from $16 million in June, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Southern District of New York.

Sales were $225 million, down from the previous month's total of $246 million.

Net income was $7 million, up from $6 million in June.

Cash at July 31 was $86 million, up from $79 million a month earlier.

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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.