September 12, 2008

Novus takes hurricane precautions, no disruption expected

Novus International, Inc. has initiated a precautionary and controlled shutdown of their Alimet production facility in Chocolate Bayou, Texas. This action is in accordance with the mandatory evacuation of Brazoria County Texas related to Hurricane Ike.

The Alimet production facility is part of the 2,500 acre Solutia Industrial Complex. The complex has been in place for over 45 years and has successfully weathered numerous hurricanes. All possible measures and precautions have been taken to protect against storm-related damage.

"Our top priority is ensuring that the employees of Novus, Solutia and their families take the necessary precautions for personal safety," stated Thad Simons, President and CEO, Novus International Inc. "Our thoughts are with the evacuees during this stressful time."

"Based on a long-standing continuity plan, Novus has product inventory warehoused throughout the world, we anticipate minimal business disruption as a result of this precautionary shutdown," explained Giovanni Gasperoni, Executive Vice President, Sales and Marketing.

Novus intends to resume normal operations as soon as the evacuation order is lifted and employees can safely return to Brazoria County.