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): JULY 31, 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 July 31, 2006 Solutia filed with the Bankruptcy Court as required by
the Bankruptcy Code its monthly operating report for the period June 1, 2006
through June 30, 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 June 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: July 31, 2006