Hexion Announces Price Increases For Coating Resins In North America
Posted on: Thursday, 14 December 2006, 12:00 CST
Hexion Specialty Chemicals announced today that it will increase prices for its coating resin products effective January 15, 2007. The increase is effective for orders shipped on or after January 15, 2007.
Pricing per pound on the following resins will increase up to:
Liquid Polyester $0.10 Powder Polyester $0.08 Acrylics $0.05 Emulsions $0.05 Epoxy esters $0.10 Alkyds $0.06 UV Resins $0.06 Latex Modifiers $0.06
Continued cost increases for raw materials, energy and distribution necessitate the pricing adjustment, the company said.
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.
Source: Business Wire
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