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Hexion Specialty Chemicals to Raise Prices for Epoxy Resins In Europe, the Middle East and Africa

February 12, 2010 at 8:56 AM EST

COLUMBUS, Ohio - (February 12, 2010) - Effective February 15, 2010 or as contract terms allow, Hexion Specialty Chemicals, Inc., will increase the prices of its liquid, solid and solution epoxy resin grades by 200 Euro/MT in Europe and 300 USD/MT in Middle East and Africa. The price adjustment is driven by increases in the cost of key raw materials.

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