Industry News

Hexion Specialty Chemicals To Raise Prices For Powder Polyester Resins in Europe, the Middle East and Africa

Published on 2008-09-29. Author : SpecialChem

COLUMBUS, Ohio -- Due to ongoing increases in energy, transportation and feedstock costs, Hexion Specialty Chemicals announced that it will increase the prices for its Albester® and Albemast® powder polyester resins in Europe, the Middle East and Africa (EMEA). Effective September 15, 2008, or as contracts allow, prices will increase by 8 to 10 euro cts/ kg, depending on the product line.

With its powder polyester resins, Hexion is dedicated to providing superior outdoor and indoor durable resin systems with outstanding quality, consistency and special effects capabilities, leading toward lower maintenance costs and an extended life span for finished products. Both Albester® and Albemast® powder polyester resins offer a wide range of applications and are used primarily in the building, agriculture and automotive industries.

About Hexion Specialty Chemicals:

Based in Columbus, Ohio, Hexion Specialty Chemicals 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. Hexion Specialty Chemicals is controlled by an affiliate of Apollo Management, L.P.

Source: Hexion Specialty Chemicals

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