Hexion To Raise Prices For Solvent-Borne Coating Resins

10-May-2007

Hexion specialty chemicals announced that it will increase prices for its solvent-borne coating resin systems in North America by four to six cents per pound effective June 1.

The price increases will vary depending upon the solvent type and content in each system. Increasing costs for raw materials coupled with tight supply and resulting availability issues make the increases necessary, said Jon Housenga, Product Manager, Coating Resins.

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