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Solutia Inc. to post double digit earnings growth in both 2010 and 2011

January 27/2011

(Zacks) --  Specialty chemical manufacturers Solutia Inc. is expected to post double digit earnings growth in both 2010 and 2011. Solutia manufactures a diverse group of chemicals including Saflex, an interlayer for laminated glass which is used in the solar industry, CPFilms aftermarket window films, the Flexsys family of chemicals for the rubber industry, and Skydrol aviation hydraulic fluid.


The company is the world's only single source supplier of EVA, TPU and PVB solar encapsulants.


Because of strong growth in the Chinese solar industry, Solutia announced in Dec 2010 that it would expand its current operations at its Suzhou, China facility to include additional production lines in support of Vistasolar ethylene vinyl acetate (EVA) encapsulant. It currently produces Vistasolar encapsulants in Germany.


Solutia is a global company, operating in 50 locations outside of the United States. It derives the majority of its sales from outside of the United States.


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