St. Louis, MO, December 29, 2006--In a monthly report filed with the Securities and Exchange Commission, Solutia on Thursday reported a $7 million net loss for November, down from a net loss of $9 million in October.
In the report, Solutia said November net sales fell to $197 million from $217 million in October.
The company, which is operating in bankruptcy protection, spent $4 million on reorganization-related items in November, down from $7 million in October.
The earnings don't include Solutia's non-U.S. subsidiaries that aren't included in its Chapter 11 case.
Solutia, which makes chemical-and polymer-based materials, sought Chapter 11 protection in December 2003 in the U.S. Bankruptcy Court in Manhattan.