Hexion Specialty Chemicals Announces Price Increases

Hexion
03/25/2010
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COLUMBUS, Ohio – (March 24, 2010)  - Effective April 20, 2010, or as contracts allow, Hexion Specialty Chemicals, Inc.’s North America Coatings business will implement price increases on the following product lines:

 

Vinyl Acrylic Latexes $0.03 per wet pound
Acrylic & Styrene-Acrylic Latexes $0.07 per wet pound
Solution Acrylic Resins Up to $0.20 per pound
Liquid Polyester Resins Up to $0.15 per pound
Polyester Powder Resins Up to $0.12 per pound
Modified Alkyds Up to $0.08 per pound
All other Alkyds Up to $0.07 per pound

These price changes are necessary due to the limited availability and significant ongoing cost escalation of key raw materials used in the production of these coating resins.

 

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