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A challenging marketplace doesn’t necessarily have to hold your company back. Just ask Solutia. The St. Louis-based specialty chemicals manufacturing company faced declining revenues as a result of a general market downturn. At the same time, the cost of critical raw materials and fuels was spiraling ever higher. Solutia needed to combat these challenges fast. Its plan called for increasing operational efficiencies and reducing annual operating expenses by $100 million enterprisewide.
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