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Hexion To Raise Prices for Epoxy Resins in Europe

June 17, 2010 at 11:14 AM EDT

COLUMBUS, Ohio -

(June 17, 2010) - Effective July 1, 2010, or as contract terms allow, Hexion Specialty Chemicals, Inc., will increase the prices of its liquid, solid and solution epoxy resin grades by 200 Euro/MT in Europe. This increase is in addition to other increases announced previously and is driven by shortages of epoxy resins and precursors in the market.

About Hexion Specialty Chemicals, Inc.

Based in Columbus, Ohio, Hexion Specialty Chemicals is the global leader in thermoset resins. Hexion serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Additional information is available at

www.hexion.com.

Contact:

Peter Loscocco
VP, Public Affairs
614-225-4127

peter.loscocco@hexion.com