Effective 15 February 2010, Hexion Speciality Chemicals (Columbus, Ohio / USA; www.hexionchem.com) will raise the prices of liquid, solid and solution epoxy resins by EUR 200/t in Europe. In the Middle East and Africa, the group will charge an additional USD 300/t for the same grades.
The group also will raise epoxy resin prices in the US. Depending on the type, prices will increase by USD 0.04/lb to USD 0.08/lb effective 1 March 2010. Hexion last raised European prices for epoxy resins in January, whereas US price hikes were last communicated in February.