Restructuring of PA 6.6 business stepped up to aid sale plans / Capacity and job cuts / Decline in demand

摘要

With the economic outlook deteriorating rapidly, Solutia (St. Louis, Missouri / USA; www.solutia.com) is quickly moving to reduce costs and restructure its "Vydyne" PA 6.6 business to make it more attractive to potential buyers. The US group, which also produces PVB films, said in late June that it want- ed to sell the business to generate funds for expansion into less cyclical markets and retire debt.