-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OOyU9EDpOIzwCGXLWcR+81Qax6Qyg9dd8XYo1TwD/a+08Rxk2ntY4cvpDGTP8oqs C06teTNARXhiReZcsbd21Q== 0001068800-03-000555.txt : 20030912 0001068800-03-000555.hdr.sgml : 20030912 20030912100407 ACCESSION NUMBER: 0001068800-03-000555 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030910 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOLUTIA INC CENTRAL INDEX KEY: 0001043382 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 431781797 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13255 FILM NUMBER: 03892980 BUSINESS ADDRESS: STREET 1: 575 MARYVILLE CENTRE DRIVE STREET 2: P O BOX 66760 CITY: ST. LOUIS STATE: MO ZIP: 63166-6760 BUSINESS PHONE: 3146741000 MAIL ADDRESS: STREET 1: P O BOX 66760 CITY: ST. LOUIS STATE: MO ZIP: 63166-6760 FORMER COMPANY: FORMER CONFORMED NAME: QUEENY CHEMICAL CO DATE OF NAME CHANGE: 19970804 8-K 1 form8k.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): SEPTEMBER 10, 2003 SOLUTIA INC. ------------ (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE -------- (STATE OF INCORPORATION) 001-13255 43-1781797 --------- ---------- (COMMISSION (IRS EMPLOYER FILE NUMBER) IDENTIFICATION NO.) 575 MARYVILLE CENTRE DRIVE, P.O. BOX 66760, ST. LOUIS, MISSOURI 63166-6760 - --------------------------------------------------------------- ---------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (314) 674-1000 -------------- REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE ITEM 5. OTHER EVENTS. On September 10, 2003, Solutia issued a press release reporting court approval of final agreements implementing the settlement of the Alabama PCB litigation against the Company. A copy of the press release is filed as an exhibit to this report and is incorporated here by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) The following exhibit is filed as part of this report: Exhibit Number Description - -------------- ----------- 99 Press Release dated September 10, 2003, issued by Solutia Inc. SIGNATURES PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED. SOLUTIA INC. -------------------------------------- (Registrant) /s/ Rosemary L. Klein -------------------------------------- Assistant Secretary DATE: SEPTEMBER 12, 2003 EXHIBIT INDEX These exhibits are numbered in accordance with the Exhibit Table of Item 601 of Regulation S-K. Exhibit Number Description - -------------- ----------- 99 Press release dated September 10, 2003, issued by Solutia Inc. EX-99 3 exh99.txt Exhibit 99 [SOLUTIA LOGO] Contact: Media - Glenn Ruskin - 703-282-7429 Financial - Marleen Judge - 314-674-7777 Solutia Announces Courts Approval of Global PCB Settlement ST. LOUIS, Sept. 10, 2003 -- Solutia Inc. (NYSE:SOI) today announced court approval of final agreements implementing the settlement of the Abernathy and Tolbert PCB cases against the company in Alabama. Preliminary agreement on the resolution of these cases was announced on Aug. 20, 2003. "We are glad to reach the final step in this lengthy process and are appreciative of all the hard work by all parties to reach this day," said John C. Hunter, chairman and chief executive officer. Representatives for all parties worked the past three weeks developing the final documents, which were approved by The Honorable U.W. Clemon, Chief Judge, United States District Court for the Northern District of Alabama yesterday and The Honorable R. Joel Laird, Jr., State Circuit Judge, Calhoun County, Alabama late this afternoon. The cash settlement totals $600 million, with Solutia's $50 million portion to be paid over time commencing in August 2004. Approximately $160 million of the cash settlement will be provided through the settling companies' commercial insurance. The remaining approximately $390 million will be provided by Monsanto. In addition, as part of the settlement, Solutia arranged for a broad array of community health initiatives for low-income residents of Anniston and Calhoun County to be undertaken by Pfizer Corporation. These programs will be of substantial value to the Anniston community. For more information on Solutia's cleanup efforts, or its economic and community activities in Anniston, please visit www.solutia.com/anniston. Corporate Profile Solutia (http://www.Solutia.com) uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films for laminated safety glass and after-market applications; process development and scale-up services for pharmaceutical fine chemicals; specialties such as water treatment chemicals, heat transfer fluids and aviation hydraulic fluid and an integrated family of nylon products including high-performance polymers and fibers. Solutia...Solutions For A Better life. - -oOo- Source: Solutia Inc. St. Louis Date: 9/10/03 -----END PRIVACY-ENHANCED MESSAGE-----