COLUMBUS, Ohio – (August 12, 2009) – Hexion Specialty Chemicals announced today that it will increase prices for its unsaturated polyester and vinyl ester resin systems in North America by eight cents per pound effective September 1, 2009.
The recent rise in base chemical feedstocks has led to significant price increases for raw materials, in particular styrene, requiring the price adjustment, said Gerhard Bohme, Business Director North America, Composite Polymers.
About Hexion Specialty Chemicals, Inc.
Based in Columbus, Ohio, Hexion Specialty Chemicals is the global leader in thermoset resins. Hexion 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.hexion.com.