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Momentive Specialty Chemicals To Raise Prices for Allyl Chloride, Epichlorohydrin, Epoxy Resins and Bisphenol A in the Americas

May 9, 2011 at 3:00 PM EDT

Columbus, Ohio (May 9, 2011) –  Effective June 1, 2011, or as contracts allow, Momentive Specialty Chemicals Inc. will increase prices for epoxy resins, bisphenol A (BPA) and allylics in the Americas.  This increase is driven by the continued cost increases of key raw materials as well as the continued tightness of the global and regional supply-demand balances of these materials.

Products: Increase:
Allyl Chloride $0.09 PER POUND
Epichlorohydrin $0.09 PER POUND
Bisphenol A $0.08 PER POUND
EPON™ Liquid Epoxy Resins $0.10 PER POUND
EPON™ Solid Epoxy Resins $0.10 PER POUND
EPON™ Specialty Liquid Resins $0.07 PER POUND
EPON™ Epoxy Resin Blends $0.07 PER POUND
EPON™ Epoxy Resin Solutions $0.07 PER POUND
EPON™ High Performance Resins $0.07 PER POUND
HELOXY™ Modifiers $0.05 PER POUND

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 that owned 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