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Hexion announces price increases

23-Feb-2010 QuimiNet Resins and coatings Price Changes

Hexion Specialty Chemicals announced today that it will increase prices in North Americafor its unsaturated polyester resin and vinyl ester resin systems by five cents per pound, effective March 8, 2010 or as contracts allow.

Increased costs for maleic anhydride, glycols and other raw materials make the price increase necessary, said Gerhard Bohme, Business Director North America, Composite Polymers.

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