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Hexion Inc. to Raise Prices for Versatic™ Acids

February 22, 2022 at 1:00 PM EST

COLUMBUS, Ohio - (February 22, 2022) - Hexion Inc. (“Hexion” or the “Company”) today announced that it will increase the prices of its Versatic™ Acids globally for all products shipped on or after April 1, 2022, or as contract terms allow.  Prices will increase by a minimum of $250/MT or 220 Euro/MT.  This price adjustment is primarily driven by continued increases of key raw material and energy 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, 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:

John Kompa

614-225-2223

john.kompa@hexion.com