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Hexion Specialty Chemicals To Raise Prices For Epoxy Resins in Europe, Middle East and Africa

July 14, 2006 at 11:52 AM EDT

COLUMBUS, Ohio - (July 14, 2006) - Hexion Specialty Chemicals announced today it will increase the prices of its epoxy resins in Europe, Middle East and Africa effective August 1 or as contract terms allow.

Hexion will increase prices for liquid, solid and solution epoxy resin grades by 150 Euro/mt.

In the Middle East and Africa, Hexion will increase prices for liquid, solid and solution epoxy resin grades by 200 $/mt.

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:
Marc Wolswinkel, Product Manager
Base Epoxy Resins & Intermediates
+31 10 295 4128