St Louis, Missouri -- Solutia Inc. has gained court approvals to exit Chapter 11 on Feb. 28 (tomorrow). Solutia is the parent of rubber chemicals company, Flexsys.
"With this court approval, Solutia is poised to emerge as a successfully repositioned performance materials company with a diversified portfolio of market-leading businesses," said Jeffry N. Quinn, chairman, president and CEO of Solutia Inc.
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Press release from Solutia