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Although Solutia Sales Grow, Profits Aren’t Following

St. Louis-based Solutia Inc. reported in its second quarter 2008 results that its net sales increased to $1,095 million from $911 million over the same period last year. Yet the company showed a gross profit of $109 million for the second quarter of 2008, compared to $124 million in the prior year period.

CLICK HERE to read the press release from Solutia.

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