Momentive Specialty Chemicals to Raise Dispersion Polymer Prices for Adhesive, Textiles, Nonwovens and Other Specialty Markets in North America

COLUMBUS, Ohio--(BUSINESS WIRE)--Momentive Specialty Chemicals Inc. (“Momentive Specialty Chemicals” or the “Company”) today announced that it will increase the prices in the United States and Canada for all of its acrylic, styrene acrylic, vinyl acrylic and other polymers used in the adhesives, textiles, nonwovens and other specialty markets by 5 to 7 cents (U.S. currency) per wet pound. This pricing action is effective Feb. 15, 2014, or as contracts allow, and it is driven by continued increases in raw material costs over the last several months.