COLUMBUS, Ohio – (January 26, 2010) – Effective February 15, 2010, or as contracts allow, Hexion Specialty Chemical, Inc.'s North American Dispersions business will increase prices by $US 0.05 (five cents) per wet pound in the United States and Canada for all acrylic, styrene acrylic, vinyl acrylic and other polymers used in the adhesives, textiles, nonwovens and construction markets. This action is necessary due to recent increases in the cost of raw materials used to manufacture these products.
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.