Hexion Specialty Chemicals to Raise Prices for Epoxy Resin Products in the Americas

COLUMBUS, Ohio - (December 16, 2009) - Hexion Specialty Chemicals announced today it will increase all off-list prices in the Americas for its EPON™ liquid and solid epoxy resins effective January 15, 2010, or as contracts allow.

Products:                                           Increase:

EPON™ Liquid Epoxy Resins         $0.10 PER POUND

EPON™ Solid Epoxy Resins           $0.10 PER POUND

About Hexion Specialty Chemicals, Inc.

Based in Columbus, Ohio, Hexion Specialty Chemicals is the global leader in thermoset resins. Hexion 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