Hexion Specialty Chemicals Announces Price Increase For Specialty Phenolic Resins In North America
April 20, 2007
Hexion Specialty Chemicals has announced a price increase for the North American market effective May 1, 2007 for all specialty phenolic resins. This increase is due to continuing rising costs in materials, freight and energy. The price increase will range from $0.045 to $0.09 per pound, depending upon product form and type.
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.