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Hexion Specialty Chemicals To Raise Pricing on Allyl Chloride, Epichlorohydrin

May 16, 2006 at 2:57 PM EDT

COLUMBUS, Ohio - (May 16, 2006) - Hexion Specialty Chemicals announced today that it will increase prices for allyl chloride by three cents per pound and for epichlorohydrin by four cents per pound effective June 15, or as contracts allow. Both list and off-list prices will increase. New list prices will be $0.86 per pound for allyl chloride (tank cars, delivered) and $1.02 for epichlorohydrin (tank cars, delivered). All standard terms and conditions apply.

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:
David Coughlen
Business Manager, Base Epoxy Resins & Intermediates
832-366-2345