Hexion Inc. Announces Powder Polyester Resins Price Increase
COLUMBUS, Ohio - (May 27, 2016) -Hexion Inc. ("Hexion") today announced that it will raise its pricing for the Powder Polyester Resins effective June 1, 2016, or as contracts allow.
The price increase is necessary due to increases in the cost of certain raw materials. Pricing will increase globally between 5€/cents to 25€/cents varying by country and product technology. All other terms and conditions of sale remain unchanged
About the Company
Based in Columbus, Ohio, Hexion Inc. (formerly known as Momentive Specialty Chemicals Inc.) is a global leader in thermoset resins. Hexion Inc. 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 Inc. is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Hexion Inc. and its products is available at www.hexion.com.
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