Winds from Hurricane Ike left some damage to Solutia Inc.’s nylon chemical plant in Alvin, Texas, but there wasn’t any flood damage, according to the Town and Country-based chemical maker’s initial assessments.

Solutia said this week that it is still evaluating the financial and physical…

Solutia Inc., which last month emerged from bankruptcy reorganization, has raised the salaries of five top executives, according to a report filed Friday with the Securities and Exchange Commission.

The board of Town and Country-based Solutia, which makes specialty chemicals and…

Solutia Inc. this morning announced that it has emerged from Chapter 11 bankruptcy protection after receiving $2.05 billion in exit financing.

The financing was provided by Citigroup Inc., Goldman Sachs Group Inc. and Deutsche Bank AG. Solutia, based in Town and…

Solutia Inc. says it received court approval of its bankruptcy exit financing and related matters.

Under this exit financing agreement, Citigroup Global Markets Inc., Goldman Sachs Credit Partners L.P., and Deutsche Bank Securities Inc. will fund Solutia’s $2.05 billion exit financing package on…

Solutia Inc. and its banks reached a settlement on a $2 billion loan package that clears the way for the company to end its four-year-old bankruptcy reorganization on Thursday.

The settlement ends a dispute between Solutia and its banks — Citigroup Inc., Deutsche Bank…

Bankrupt chemical maker Solutia Inc. has settled its lawsuit against major investment banks that had pulled out of a critical financing deal, Bloomberg News reported today.

However, the Bloomberg report had no details of the settlement. Citing court records, the report…

A stalemate continues between Solutia Inc. and a trio of banks that had promised to provide it with $2 billion in financing, according to a filing Friday with the Securities and Exchange Comission. Solutia, based in Town and Country, needs…