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Momentive Specialty Chemicals Inc. to Raise Prices For Specialty Epoxy Resins in the Americas

February 11, 2011 at 5:02 PM EST

Columbus, Ohio (February 11, 2011) –  Momentive Specialty Chemicals  today announced that effective March 1, 2011, or as contracts allow, the company will increase prices of the following Specialty Epoxy Resins in the Americas.  This increase is driven by the continued cost increases of key raw materials.

Products: Increase:
EPON™ Specialty Liquid Epoxy Resins $0.10 PER POUND for list and off-list prices
EPON™ Epoxy Resin Blends $0.10 PER POUND for list and off-list prices
EPON™ Epoxy Resin Solutions $0.10 PER POUND for list and off-list prices
EPON™ Brominated Epoxy Resins $0.10 PER POUND for list and off-list prices
EPON™ High Performance Resins $0.10 PER POUND for list and off-list prices
HELOXY™ Modifiers $0.10 PER POUND for list and off-list prices
EPI-REZ™ Waterborne Resins $0.10 PER POUND for list and off-list prices
EPIKURE™ Amine Curing Agents $0.10 PER POUND for list and off-list prices

All other terms and conditions of sale remain unchanged.
                         
About Momentive Specialty Chemicals Inc.
Based in Columbus, Ohio, Momentive Specialty Chemicals is the global leader in thermoset resins. Momentive 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.momentive.com.

About the new Momentive
Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Specialty Chemicals Inc. and Momentive Performance Materials Inc. (collectively, the “new Momentive”).  The new Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world.  The new Momentive was formed in 2010 through the combination of entities owned by Momentive Performance Materials and Hexion Specialty Chemicals. The company is controlled by investment funds affiliated with Apollo Global Management, LLC.


Contact:


Peter Loscocco
Vice President, Public Affairs
+1 614.225.4127
peter.loscocco@momentive.com