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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Hexion Inc. Announces Pernis Site Expansion

December 21, 2021 GMT

COLUMBUS, Ohio--(BUSINESS WIRE)--Dec 21, 2021--

Hexion Inc. (“Hexion”) today announced plans to expand production of epichlorohydrin (ECH) at its Pernis, the Netherlands, manufacturing site, while also leveraging more sustainable technologies when completed.

As part of Hexion’s Coating and Composites business unit’s broader investment plan to drive innovation and growth aligned with the company’s overall sustainability commitment, the planned expansion will add 25,000 metric tons of annual capacity and utilize biobased renewable feedstocks by leveraging glycerin-to-epichlorohydrin (GTE) production technology, and support the reduction in overall energy intensity of ECH production at the Pernis site.

“This expansion will enable us to efficiently serve our customers as they grow and also positions the epoxy business to be further aligned with the longer-term sustainability trends going forward,” said Ann Frederix, Senior Vice President, Coatings and Composites.

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The planned expansion will occur over the next three years with production start-up anticipated in late 2024.

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/20211220005835/en/

CONTACT: Investors and Media Contact:

John Kompa

614-225-2223

john.kompa@hexion.com

KEYWORD: OHIO EUROPE UNITED STATES NETHERLANDS NORTH AMERICA

INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENVIRONMENT MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER MANUFACTURING

SOURCE: Hexion Inc.

Copyright Business Wire 2021.

PUB: 12/21/2021 08:30 AM/DISC: 12/21/2021 08:31 AM

http://www.businesswire.com/news/home/20211220005835/en