Momentive Specialty Chemicals Inc. To Raise Prices For Epoxy Resins and BPA in the Americas
Columbus, Ohio (March 11, 2011) – Effective April 1, 2011, or as contracts allow, Momentive Specialty Chemicals Inc. will increase prices for specialty epoxy resins, base epoxy resins and Bisphenol A (BPA) in the Americas. This increase is driven by the continued increase in the cost of key raw materials. The increases are as follows:<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
EPON™ Specialty Liquid Epoxy Resins $0.05 PER POUND
EPON™ Epoxy Resin Blends $0.05 PER POUND
EPON™ Epoxy Resin Solutions $0.05 PER POUND
EPON™ Brominated Epoxy Resins $0.05 PER POUND
EPON™ High Performance Resins $0.05 PER POUND
HELOXY™ Modifiers $0.05 PER POUND
EPIKURE™ Amine Curing Agents $0.05 PER POUND
EPON™ Liquid Epoxy Resins $0.07 PER POUND
EPON™ Solid Epoxy Resins $0.07 PER POUND
Bisphenol A $0.10 PER POUND
About Momentive Specialty Chemicals Inc.
Based in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Columbus, Ohio, Momentive Specialty Chemicals is the global leader in thermoset resins. Momentive 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.momentive.com.
About the new Momentive
Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Specialty Chemicals Inc. and Momentive Performance Materials Inc. (collectively, the “new Momentive”). The new Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world. The new Momentive was formed in 2010 through the combination of entities owned by Momentive Performance Materials and Hexion Specialty Chemicals. The company is controlled by investment funds affiliated with Apollo Global Management, LLC.
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