Hexion sells US Gulf Coast formalin biz
The divestiture represents a major step in Hexion’s transformation into a global leader in technology-driven, cellulose-based performance materials
The divestiture represents a major step in Hexion’s transformation into a global leader in technology-driven, cellulose-based performance materials
Acquisition reinforces Hexion's commitment to leverage cutting-edge AI technology to foster a more efficient, cost-effective, and environmentally-responsible manufacturing sector
Innovative fire hardening material helps ensure grid stability in the face of wildfires
Hexion is in position to further adopt bio-based raw materials into its production processes at various locations
Company completes acquisition of Hexion’s global epoxy business for ~$1.2 billion
The planned expansion will add 25,000 metric tons of annual capacity
The transaction is expected to close in the first half of 2022, following and conditioned upon the closing of the Company’s previously announced sale of its Epoxy business to Westlake
The deal is expected to close in first half 2022
Dr. Jurgen Van Holen to Partner with Hexion to Accelerate Sustainable New Product Development
The two companies will be Hexion Holdings, composed of the Company’s Adhesives and Versatic Acids and Derivatives product lines, and Hexion Coatings and Composites (US) Inc. (HCC), composed of Hexion Holdings’ former epoxy-based Coatings and Composites products
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