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Hexion Specialty Chemicals To Raise Prices For Cardura, ACE, VeoVa and Versatic Acid Products

November 26, 2007 at 12:00 AM EST

COLUMBUS, Ohio – (November 26, 2007) – Hexion Specialty Chemicals, Inc. announced today that it will increase the prices of its CARDURA™ glycidyl ester, ACE™ hydroxyl acrylate monomer, VEOVA™ monomers and VERSATIC™ acids globally effective         January 1, 2008 or as contract terms allow.
Prices of all VeoVa, Cardura, Versatic Acid and ACE grades will increase by 150 Euro/mt or 200 USD/mt (equaling 9 cents per pound).

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.

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

John Kompa
Director, Investor Relations
614-225-2223
john.kompa@hexion.com