ERJ staff report (DS)
St Louis Missouri -- Solutia said there was no damage at its Flexsys Akzo Nobel K.K facility in Kashima, Japan during last Friday's earthquake and the subsequent after-shocks. Furthermore, all employees are safe and well.
The plant, about 250 km away from the earthquake epicentre, was originally owned by Akzo Nobel making unspecified industrial chemicals for Flexsys on a toll manufacturing basis. It was sold to Solutia in 2006.
Solutia said, "The Kashima facility is supplied with a sufficient amount of inventory to support current commitments during this period, especially because it was preparing for a scheduled turnaround that required additional stored inventory. Overall, Japan accounts for about 4 percent of Solutia's revenue."
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Press release from Solutia
