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): FEBRUARY 28, 2006



                                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


            Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))







ITEM 7.01. REGULATION FD DISCLOSURE

         As previously reported, on December 17, 2003 Solutia Inc.
("Solutia") and its 14 U.S. subsidiaries filed voluntary petitions for
reorganization under Chapter 11 of the U.S. Bankruptcy Code (the "Bankruptcy
Code") in the U.S. Bankruptcy Court for the Southern District of New York
(the "Bankruptcy Court"). The cases were consolidated for the purpose of
joint administration and were assigned case number 03-17949 (PCB). Solutia's
subsidiaries outside the United States were not included in the Chapter 11
filing.

         On February 28, 2006 Solutia filed with the Bankruptcy Court as
required by the Bankruptcy Code its monthly operating report for the period
January 1, 2006 through January 31, 2006. The required Monthly Operating
Report is furnished hereunder as Exhibit 99.

Cautionary Statements Regarding Financial and Operating Data

         Solutia cautions investors and potential investors not to place
undue reliance upon the information contained in the Monthly Operating
Reports, as they were not prepared for the purpose of providing the basis
for an investment decision relating to any of the securities of any of
Solutia or its subsidiaries, or any other affiliate of Solutia. The Monthly
Operating Reports were not audited or reviewed by independent accountants,
are as prescribed by applicable bankruptcy laws, and are subject to future
adjustment and reconciliation. There can be no assurance that, from the
perspective of an investor or potential investor in Solutia's securities,
the Monthly Operating Reports are complete. The Monthly Operating Reports
also contain information for periods which are shorter or otherwise
different from those required in Solutia's reports pursuant to the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), and such
information might not be indicative of Solutia's financial condition or
operating results for the period that would be reflected in Solutia's
financial statements or in its reports pursuant to the Exchange Act. Results
set forth in the Monthly Operating Reports should not be viewed as
indicative of future results.

Limitation on Incorporation by Reference

         In accordance with General Instruction B.2 of Form 8-K, the
information in this Form 8-K furnished pursuant to Item 7.01 shall not be
deemed to be "filed" for purposes of Section 18 of the Exchange Act, or
otherwise subject to the liabilities of that section, nor shall such
information be deemed incorporated by reference in any filing under the
Exchange Act or Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such a filing.







ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

         (c) Exhibits:

Exhibit Number      Description
- --------------      -----------

         99         Monthly Operating Statement for the Month of January 2006








                                 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
                                        ---------------------
                                        Senior Vice President, General Counsel
                                        and Secretary
DATE: February 28, 2006