Momentive Specialty Chemicals Inc. to Raise Prices of Epoxy Resins, Allylics and Bisphenol A in the Americas

Momentive Specialty Chemicals Inc. announced today that it will increase list and off-list prices for Epoxy Resins, Allylics and Bisphenol A in the Americas, effective March 15, 2012, or as contract terms allow.
 
 Product      Price Increase
 Allyl Chloride    $0.10 PER POUND
 Epichlorohydrin    $0.10 PER POUND
 Bisphenol A    $0.10 PER POUND
 EPON™ Liquid Epoxy Resins    $0.12 PER POUND
 EPON™ Solid Epoxy Resins    $0.12 PER POUND
     
These increases are due to increases in the cost of raw materials and product demand. They are in addition to all previously announced increases.  All other terms and conditions of sale remain unchanged.
 
About Momentive Specialty Chemicals Inc.
Based in Columbus, Ohio, Momentive Specialty Chemicals is the global leader in thermoset resins. Momentive 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.momentive.com.
 
About Momentive
Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (collectively, “Momentive”).  Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world.  Momentive was formed in October 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. The capital structures and legal entity structures of both Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.), and their respective subsidiaries and direct parent companies, remain separate. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. file separate financial and other reports with the Securities and Exchange Commission.  Momentive is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Momentive and its products is available at www.momentive.com.
 
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Contact:
David Weber
Commercial Manager
+1 832.366.2358
david.weber@momentive.com 
 
John Kompa
Director, Investor Relations
+1 614.225.2223
john.kompa@momentive.com