Hexion to raise emulsion polymer prices

September 11, 2009 - United States Of America

Effective October 1, 2009, or as contracts allow, Hexion Specialty Chemical's North American Dispersions Business will increase its prices by $US 0.06 (six cents) per wet pound in the United States and Canada for all acrylic, styrene acrylic, vinyl acrylic and other polymers used in the adhesives, textiles, nonwovens and construction markets.

This pricing action is driven by significant and sustained increases in raw material costs over the last several months, most notably for propylene, styrene and acrylic monomers.

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.