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Hexion Specialty Chemicals Increases Price For Unsaturated Polyester Resins

November 20, 2007 at 12:00 AM EST

COLUMBUS, Ohio - (November 20, 2007) - Hexion Specialty Chemicals, Inc., today announced the price of all Unsaturated Polyester and Vinyl Ester resin will increase $0.04 per pound effective for products shipped on, or after, December 15, 2007.

Hexion's Composite Polymers business produces a broad range of unsaturated polyester resins and vinyl ester resins for use in reinforced composites and cast polymer products.  These customized resins are formulated for use in a variety of markets including, transportation, construction, infrastructure, marine and consumer goods.

About Hexion Specialty Chemicals, Inc.
Based in Columbus, Ohio, Hexion Specialty Chemicals 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.  Hexion Specialty Chemicals is owned by an affiliate of Apollo Management, L.P.  Additional information is available at www.hexion.com.

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Contact:
Doug Graff
Vice President
Composite Polymers
847-551-4442
doug.graff@hexion.com

Peter Loscocco
VP, Public Affairs
614-225-4127
peter.loscocco@hexion.com