Hexion Specialty Chemicals To Raise Prices For Powder Polyester Resins in Europe, the Middle East and Africa

COLUMBUS, Ohio--(Business Wire)--
Due to ongoing increases in energy and feedstock costs, Hexion Specialty
Chemicals, Inc., announced today that it will increase the prices for its
Albester, Albemast, Albecor and Albecor-Bio powder polyester resins in Europe,
the Middle East and Africa (EMEA). Effective December 1, 2009, or as contracts
allow, prices will increase by 7 to 9 percent on average, depending on the
product line.

Albester, Albemast, Albecor and Albecor-Bio powder polyester resins are used in
a wide range of applications in the building, agriculture and automotive
industries. These products contribute to sustainability and energy efficiency by
utilizing advanced environmental technology such as bio-based materials and
low-energy curing, and are backed by strong technical service and applications
support.

About Hexion Specialty Chemicals

Based in Columbus, Ohio, Hexion Specialty Chemicals 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. Hexion Specialty Chemicals is controlled by an affiliate of
Apollo Management, L.P. Additional information is available at www.hexion.com.

Hexion Specialty Chemicals, Inc.
Peter F. Loscocco, Vice President, Public Affairs, 614-225-4127
peter.loscocco@hexion.com

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