St. Louis—Solutia Inc. last week reiterated that it is continuing to explore strategic alternatives for its nylon business, and currently anticipates announcing a disposition of these assets by the end of the first quarter of this year (PCN, 1 Dec 08, p 1). In November, the company noted that demand had "declined significantly" for nylon intermediate chemicals, fibers and resins in the preceding weeks, and said it had implemented a restructuring plan for the business. Results for Solutia's nylon segment have been reported as "discontinued operations" effective with the 2008 third quarter.
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