Momentive Specialty Chemicals Inc. to Raise Prices For Specialty Epoxy Resins in the Americas
Columbus, Ohio (February 11, 2011) – Momentive Specialty Chemicals today announced that effective March 1, 2011, or as contracts allow, the company will increase prices of the following Specialty Epoxy Resins in the Americas. This increase is driven by the continued cost increases of key raw materials.
| Products: | Increase: |
| EPON™ Specialty Liquid Epoxy Resins | $0.10 PER POUND for list and off-list prices |
| EPON™ Epoxy Resin Blends | $0.10 PER POUND for list and off-list prices |
| EPON™ Epoxy Resin Solutions | $0.10 PER POUND for list and off-list prices |
| EPON™ Brominated Epoxy Resins | $0.10 PER POUND for list and off-list prices |
| EPON™ High Performance Resins | $0.10 PER POUND for list and off-list prices |
| HELOXY™ Modifiers | $0.10 PER POUND for list and off-list prices |
| EPI-REZ™ Waterborne Resins | $0.10 PER POUND for list and off-list prices |
| EPIKURE™ Amine Curing Agents | $0.10 PER POUND for list and off-list prices |
All other terms and conditions of sale remain unchanged.
About Momentive Specialty Chemicals Inc.
Based in 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.
Contact:
Peter Loscocco Vice President, Public Affairs +1 614.225.4127 peter.loscocco@momentive.com |
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