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Hexion Specialty Chemicals to Raise Prices for Epoxy Resins in North America

September 25, 2006 at 3:20 PM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Specialty Chemicals announced today it will increase the prices of its epoxy resins in North America effective October 15 or as contract terms allow.

Hexion will increase list and off-list prices by $0.07 per pound for the following product groups: EPON(TM) liquid epoxy resins, solid epoxy resins, resin solutions, blends, brominated resins, epoxy novolac and other specialty epoxy resins.

These increases are in addition to the previously announced epoxy resin price increases in North America that became effective on September 1, 2006.

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:
Hexion Specialty Chemicals
David Coughlen, 832-366-2345
OR
Jeff Sokolich, 832-366-2450
OR
Peter Loscocco, 614-225-4127

Source: Hexion Specialty Chemicals