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Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites 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. Additional information about Hexion Inc. and its products is available at www.hexion.com.
The transaction includes approximately 900 associates and 11 manufacturing facilities globally, where phenolic specialty resins and engineered thermoset molding compounds are produced.
Hexion Inc. recently announced that it has entered into a definitive agreement to sell multiple businesses to Black Diamond and Investindustrial for approximately $425 million.