Hexion

Hexion Inc. or Hexion (previously Momentive Specialty Chemicals)[2] is a chemical company based in Columbus, Ohio. It produces thermoset resins and related technologies and specialty products.

Hexion Inc.
Public
IndustryChemical
PredecessorMomentive Specialty Chemicals, Borden Chemical
Founded1899
Headquarters
Columbus, Ohio
Number of locations
~ 66
Key people
Craig A. Rogerson (CEO)
ProductsChemicals
Revenue~ $3.8 billion (2019)
OwnerApollo Global Management
Number of employees
4,300[1] (2017)
Websitewww.hexion.com

Hexion is organized into two divisions: the Epoxy, Phenolic and Coating Resins Division, and the Forest Products Division.

Hexion offers resins for a wide range of applications like Abrasives, Adhesives, Chemical Intermediates, Civil Engineering, Coatings, Composites, Crop Protection, Electrical/Electronics, Engineered Wood, Fertilizers and Pesticides, Fibers and Textiles, Foams, Friction Materials, Furniture, Molding Compounds, Oilfield, Oriented Strand Board, Particleboard and Fiberboard, Plywood and Laminated Veneer Lumber and Refractories.

Corporate structure

Hexion was formed in 2005 through the merger of Borden Chemicals, Resolution Performance Products, and Resolution Specialty Materials, and the acquisition of Bakelite AG. In 2010, the parent holding companies of Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. merged to form Momentive Performance Materials Holdings LLC .[3] In 2015, this combined company renamed itself to Hexion Inc.

In February 2020, Hexion Inc. announced that it has entered into a definitive agreement to sell its manufacturing site in Yumbo, Colombia to a joint venture led by Master Paints & Chemical Corporation.[4][5]

See also

References
  1. "Hexion". Fortune. Retrieved 2019-02-08.
  2. "Hexion". Fortune. Retrieved 2019-02-08.
  3. Jacob, Amanda (September 17, 2010). "Momentive and Hexion announce merger". Materials Today. Retrieved 2016-09-29.
  4. "Hexion Inc. Announces Sale of Colombia Manufacturing Site". finance.yahoo.com. Retrieved 2020-02-25.
  5. KG, Vincentz Network GmbH & Co. "Hexion announces sale of Colombia manufacturing site". European Coatings. Retrieved 2020-03-03.


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