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Hexion Inc. to Raise Prices for Epoxy Resins in Americas

January 31, 2020 GMT

COLUMBUS, Ohio--(BUSINESS WIRE)--Jan 31, 2020--

Hexion Inc. (“Hexion” or the “Company”) today announced that it will increase all off-list pricing for the following epoxy resins in North America and South America effective March 1, 2020, or as contracts allow. This price adjustment is primarily driven by increases in key raw material costs. All other terms and conditions of sale remain unchanged.

Products:

 

Increase:

Bisphenol A

 

$0.07 PER POUND for off-list prices

EPON™ Liquid Epoxy Resin

 

$0.10 PER POUND for off-list prices

EPON™ Solid Epoxy Resin

 

$0.10 PER POUND for off-list prices

EPIKOTE™ Resin Solutions

 

$0.10 PER POUND for off-list prices

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, composites 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200131005067/en/

CONTACT: Investors and Media Contact:

John Kompa

614-225-2223

john.kompa@hexion.com

KEYWORD: UNITED STATES SOUTH AMERICA CENTRAL AMERICA NORTH AMERICA OHIO

INDUSTRY KEYWORD: CHEMICALS/PLASTICS OTHER MANUFACTURING MANUFACTURING

SOURCE: Hexion Inc.

Copyright Business Wire 2020.

PUB: 01/31/2020 07:30 AM/DISC: 01/31/2020 07:30 AM

http://www.businesswire.com/news/home/20200131005067/en