Solutia, St. Louis, MO, will exit the acrylic fibers business, pending approval by the U.S. Bankruptcy Court.Solutia, St. Louis, MO, will exit the acrylic fibers acrylic fiber n. Any of numerous synthetic fibers polymerized from acrylonitrile. acrylic fiber Any of numerous synthetic fibers polymerized from acrylonitrile. Noun 1. business, pending approval by the U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. . The company's plant in Decatur, AL, will continue to operate as a producer of chemical intermediates for use in nylon nylon, synthetic thermoplastic material characterized by strength, elasticity, resistance to abrasion and chemicals, low moisture absorbency, and capacity to be permanently set by heat. After 10 years of research E. I. products, but will close its acrylic fiber operation next month. This action will impact approximately 250 Solutia employees and 200 contractors, most of whom work at the Decatur plant. |
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