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Hexion to Raise Prices for Epoxy Resins in Europe, The Middle East And Africa

March 17, 2010 at 2:25 PM EDT

COLUMBUS, Ohio - (March 17, 2010) - Effective immediately or as contract terms allow, Hexion Specialty Chemicals will increase the prices of its liquid, solid and solution epoxy resin grades by 300 Euro/MT in Europe. This increase is in addition to other increases announced previously and is driven by the continued increases in the cost of key raw materials. Hexion sales representatives will be in contact with customers about the price increase.

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