Friday, November 28, 2008

Solutia to restructure Nylon business by production cuts, provisional shut downs

American performance materials and specialty chemicals provider, Solutia Inc. is planning restructuring its Nylon business to align production and inventories with the current economic environment. Ass per the company release, the plan is expected to cut the annualized fixed cost across Nylon business by roughly US$40 mln, or 10%.

For more details on Solutia to restructure Nylon business by production cuts, provisional shut downs click here

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