Hexion Specialty Chemicals to Raise Prices for CarduraTM, ACETM, VeoVaTM and VersaticTM Acid Products

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Thu Apr 22, 2010 12:58pm EDT 

COLUMBUS, Ohio--(Business Wire)--
Hexion Specialty Chemicals, Inc., announced today that it will increase the
prices of its CARDURA glycidyl ester, ACE hydroxyl acrylate monomer, VEOVA
monomers and VERSATIC acids globally effective May 15, 2010 or as contract terms
allow. 

Prices for all grades of these products will increase by 250 Euro/mt or 300
USD/mt (equaling 14 cents per pound). 

This price increase is necessary due to continued and further accelerated
increases of raw material costs and is supported by growing marketplace demand. 

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.

Hexion Specialty Chemicals
Peter Loscocco, 614-225-4127
VP, Public Affairs
peter.loscocco@hexion.com

Copyright Business Wire 2010
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