Hexion Inc. to Raise Prices for Cardura™ Glycidyl Ester, VeoVa™ Monomers and Versatic™ Acids
COLUMBUS, Ohio - (January 27, 2021) - Hexion Inc. (“Hexion” or the “Company”) today announced that it will increase the prices of its Cardura™ Glycidyl Ester, VeoVa™ monomers and Versatic™ Acids globally for all products shipped on or after March 1, 2021, or as contract terms allow. Prices of all above mentioned products will increase by $175/MT or 150 Euro/MT. This price adjustment is primarily driven by continued increases of key raw material and logistical costs.
All other terms and conditions of sale remain unchanged. Hexion account managers will contact customers to discuss this announcement in more detail.
About the Company
Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites 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 about Hexion Inc. and its products is available at www.hexion.com.
Investors and Media Contact: