Hexion Inc. to Raise Prices for Versatic™ Acids

COLUMBUS, Ohio--(BUSINESS WIRE)-- Hexion Inc. (“Hexion” or the “Company”) today announced that it will increase the prices of its Versatic™ Acids globally for all products shipped on or after January 1, 2022, or as contract terms allow. Prices will increase by a minimum of $500/MT or 435 Euro/MT. This price adjustment is primarily driven by continued increases of key raw material costs.

All other terms and conditions of sale remain unchanged. Hexion account managers will contact customers to discuss this announcement in more detail.

About the Company

Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites 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 about Hexion Inc. and its products is available at www.hexion.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118005063/en/

Investors and Media Contact:
John Kompa
614-225-2223
[email protected]

Source: Hexion Inc.

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