"Solutia expects the earnings impact for the third quarter to be in the range of 4 cents to 6 cents per share," John Saucier, vice president and general manager of Integrated Nylon, said in a release issued by St Louis-based Solutia.
The earnings impact reflects lost margin on sales as well as incremental costs to repair and restart the plant, the company said. Solutia expected the Texas plant to be operational by the end of this week.