| Business Summary | | Solutia
Inc.
and
its
subsidiaries
produce
and
market
a
variety
of
chemical-based
materials.
The
Company
creates
solutions
and
products
for
customers
in
the
consumer,
household,
automotive,
industrial
products
and
pharmaceutical
industries.
Solutia's
products
and
services
include
Saflex
plastic
interlayer,
used
to
make
laminated
glass
for
automotive
and
architectural
applications;
and
Llumar
and
Vista
window
films
and
industrial
films.
The
Company's
Resydrol
waterborne
resins,
Alftalat
and
Synthacryl
powder
resins,
Resimene
amino
crosslinkers,
and
Modaflow
flow
and
leveling
agents
are
used
to
produce
high-performance
coatings
for
various
products
(such
as
automobiles,
bicycles,
bridges
and
compact
discs),
process
research
and
development
and
small
scale-up
manufacturing
in
support
of
new
chemical
entity
development
in
the
pharmaceutical
industry.
Solutia
also
produces
Vydyne
and
Ascend
nylon
polymers,
chemical
intermediates
and
nylon
fibers,
such
as
Wear-Dated
and
Ultron
VIP. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Solutia
Inc.
produces
and
markets
a
variety
of
high
performance
chemical-based
materials
for
customers
in
the
consumer,
household,
automotive,
pharmaceutical
and
industrial
products
industries.
For
the
six
months
ended
6/30/01,
net
sales
fell
12%
to
$1.48
billion.
Net
income
fell
36%
to
$35
million.
Results
reflect
decreases
in
sales
volumes
and
prices,
unfavorable
exchange
rate
movements
of
the
EURO,
and
lower
margins
due
to
higher
raw
material
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Hunter III, 54 Chairman,
Pres, CEO | $758K | -- | Michael Miller, 59 Vice
Chairman | 555K | -- | Robert Clausen, 56 Sr.
VP and CFO; Advisory Director | 334K | -- | Karl Barnickol, 59 Sr.
VP, Gen. Counsel and Sec. | 315K | $192K | John Ferguson, 48 Sr.
VP- Integrated Nylon | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|