Hexion Specialty Chemicals To Raise Prices For Epoxy Resins In The Americas

February 1, 2010 at 10:07 AM EST

COLUMBUS, Ohio – (February 1, 2010) - Effective March 1, 2010, or as contracts allow, Hexion Specialty Chemicals, Inc. will increase prices for its epoxy resins in the Americas from four to eight cents per pound, depending on the resin type. The price adjustment is driven by increases in the cost of key raw materials.

Products:                                                         Increase:
EPON™ Liquid Epoxy Resins                            $0.08 PER POUND for list & off-list prices
EPON Solid Epoxy Resins                                 $0.08 PER POUND for list & off-list prices

EPON Epoxy Resin Solutions                             $0.06 PER POUND for off-list prices only
EPON Custom Solutions                                                $0.06 PER POUND for off-list prices only
EPI-REZ™ Waterborne Resins                          $0.06 PER POUND for off-list prices only
EPON Specialty Liquid Epoxy Resins                 $0.08 PER POUND for off-list prices only
EPON Epoxy Novolac Resins                            $0.06 PER POUND for off-list prices only
EPON Epoxy Resin Blends                                $0.06 PER POUND for off-list prices only
EPON Epoxy Acrylate Resins                            $0.06 PER POUND for off-list prices only
EPON Elastomeric Modifier Resins                    $0.04 PER POUND for off-list prices only
EPONEX™ & EPONOL™ Resins                                    $0.06 PER POUND for off-list prices only
HELOXY™ Modifiers                                       $0.04 PER POUND for off-list prices only
EPON Brominated Epoxy Resins                                    $0.04 PER POUND for off-list prices only
EPIKURE™ Powder Coating Curing Agents      $0.04 PER POUND for off-list prices only

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 www.hexion.com.

Contact:
Peter Loscocco
VP, Public Affairs
614-225-4127
peter.loscocco@hexion.com