Solutia Outlines 2012 Guidance, Presents Earnings Growth Strategy

ST. LOUIS, Dec. 15, 2011 /PRNewswire/ -- Solutia Inc. (NYSE: SOA), a market-leading performance materials and specialty chemicals company, will affirm its 2011 Adjusted Earnings per Share (Adjusted EPS) guidance for 2011 of approximately $2.00 and outline 2012 expectations for revenue of $2.125 billion to $2.275 billion and Adjusted EPS of $2.00 to $2.30 today at its Investor Day event in New York City.  

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Solutia's leadership team will also highlight business trends, opportunities and strategic plans for achieving revenue of $3 billion and earnings per share of $3.50 in 2015, representing sales and earnings growth of approximately 10 percent and 15 percent respectively, as compared to 2011.  

"Over the course of the next four years, we see significant opportunity to build upon Solutia's foundation of core businesses with leading market positions, superior product quality and technical service capabilities, supported by favorable secular trends.  When combined with our innovation and technology initiatives, I am confident we will drive continued strong financial performance," said Jeffry N. Quinn, chairman, president and chief executive officer of Solutia Inc.  

A live webcast of the event and presentation slides will be available at 8 a.m. Eastern Standard Time through www.solutia.com .  A replay of the event will be available through www.solutia.com or by calling 888-286-8010 (U.S.) or 617-801-6888 (international) and entering the passcode 32644782.

Notes to Editor:  SOLUTIA and the Radiance Logo™ and all other trademarks listed below are trademarks of Solutia Inc. and/or its affiliates.  

Forward Looking Statements

This press release may contain forward-looking statements, which can be identified by the use of words such as "believes," "expects," "may," "will," "intends," "plans," "estimates" or "anticipates," or other comparable terminology, or by discussions of strategy, plans or intentions.  These statements are based on management's current expectations and assumptions about the industries in which Solutia operates.  Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements.  These risks and uncertainties include, but are not limited to, those risk and uncertainties described in Solutia's most recent Annual Report on Form 10-K, including under "Cautionary Statement About Forward Looking Statements" and "Risk Factors", and Solutia's quarterly reports on Form 10-Q.  These reports can be accessed through the "Investors" section of Solutia's website at www.solutia.com .  Solutia disclaims any intent or obligation to update or revise any forward-looking statements in response to new information, unforeseen events, changed circumstances or any other occurrence.

Corporate Profile

Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex® polyvinyl butyral interlayers for glass lamination and for photovoltaic module encapsulation and VISTASOLAR® ethylene vinyl acetate films for photovoltaic module encapsulation;  LLumar®, Vista™, EnerLogic®, FormulaOne®, Gila®, V-KOOL®, Huper Optik®, IQue™, Sun-X™ and Nanolux™ aftermarket performance films for automotive and architectural applications; XIR® and Heat Mirror® performance films that are incorporated into aftermarket window films, laminated glass products and suspended insulated glass units for use in automotive and architectural applications.  Flexvue™ advanced film component solutions for solar and electronic technologies; and technical specialties products including Crystex® insoluble sulfur, Santoflex® PPD antidegradants, Therminol® heat transfer fluids and Skydrol® aviation hydraulic fluids. Solutia's businesses are world leaders in each of their market segments. With its headquarters in St. Louis, Missouri, USA, the company operates globally with approximately 3,400 employees in more than 50 worldwide locations. More information is available at www.Solutia.com .

SOURCE Solutia Inc.

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