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Hexion Specialty Chemicals to Raise Prices for Epoxy Resin Products in the Americas

February 26, 2010 at 10:24 AM EST

COLUMBUS, Ohio – (January 26, 2010) – Hexion Specialty Chemicals, Inc., announced today it will increase all list and off-list prices in the Americas for its EPON™ liquid and solid epoxy resins effective April 1, 2010, or as contracts allow. This increase is in addition to any other increase announced previously. This price adjustment is driven by the continued increases in the cost of key raw materials coupled with significant tightening of the global and regional supply-demand balances.

Products: Increase:
EPON™ Liquid Epoxy Resins $0.10 PER POUND for list & off-list prices
EPON Solid Epoxy Resins $0.10 PER POUND for list & off-list prices

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