COLUMBUS, OH, April 14, 2010 (Business Wire) -Effective May 10, 2010, or as contracts allow, Hexion Specialty Chemicals, Inc.'s Performance Adhesives business will implement price increases by up to $0.05/lb (five cents) per wet pound in the United States and Canada for all polyvinyl acetate adhesives used in the wood assembly markets. This action is necessary due to continued increases in the cost of key raw materials used in the production of these adhesives.
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.