Solutia Inc. completed yesterday the $50 million sale of its nylon business to an affiliate of SK Capital Partners II, a New York-based private equity firm focused on the chemical, material and…
Tag: Solutia
Solutia has a buyer
Solutia Inc. has found a buyer for its nylon business: an affiliate of SK Capital Partners II, a New York-based private equity firm that is focused on the chemical, material and health-care…
PNJ updates Solutia layoffs story
Last night when I posted that Solutia had laid off 780 workers, the pnj.com was reporting 200 in its headline online. The confusion is over contract workers (such as Landrum workers) and…
Solutia lays off/fires 780 people
This includes employees and the contract/leased employees. PNJ and WEAR TV 3 are only reporting about 200 people, but our sources inside Solutia tell us that the total people losing their jobs…
Boone report: No cuts at IP or Solutia expected
By IN reporter Sean Boone Although the struggling economy has created a trend of corporate employee layoffs nationwide, the two largest corporate plant facilities in Escambia County–International Paper and Solutia–are not expecting…