Hexion Inc. or Hexion (previously Momentive Specialty Chemicals) is a chemical company based in

Columbus, Ohio Columbus (, ) is the List of capitals in the United States, capital and List of cities in Ohio, most populous city of the U.S. state of Ohio. With a 2020 United States census, 2020 census population of 905,748, it is the List of United States ...

. It produces

thermoset In materials science, a thermosetting polymer, often called a thermoset, is a polymer that is obtained by irreversibly hardening (" curing") a soft solid or viscous liquid prepolymer (resin). Curing is induced by heat or suitable radiation and ...

resins and related technologies and specialty products. 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,

Adhesive Adhesive, also known as glue, cement, mucilage, or paste, is any non-metallic substance applied to one or both surfaces of two separate items that binds them together and resists their separation. The use of adhesives offers certain advantage ...

s, Chemical Intermediates,

Civil Engineering Civil engineering is a regulation and licensure in engineering, professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads ...

Coating A coating is a covering that is applied to the surface of an object, or substrate. The purpose of applying the coating may be decorative, functional, or both. Coatings may be applied as liquids, gases or solids e.g. powder coatings. Paints ...

s, Composites, Crop Protection, Electrical/Electronics, Engineered Wood, Fertilizers and Pesticides, Fibers and Textiles, Foams, Friction Materials, Furniture, Molding Compounds, Oilfield,

Oriented Strand Board Oriented strand board (OSB) is a type of engineered wood, formed by adding adhesives and then compressing layers of wood strands (flakes) in specific orientations. It was invented by Armin Elmendorf in California in 1963. OSB may have a rough and ...

, Particleboard and Fiberboard,

Plywood Plywood is a composite material manufactured from thin layers, or "plies", of wood veneer that have been stacked and glued together. It is an engineered wood from the family of manufactured boards, which include plywood, medium-density fibreboa ...

and Laminated Veneer Lumber and Refractories.

Corporate structure

Hexion Specialty Chemicals, Inc was formed in 2005 through the merger of Borden Chemicals, Resolution Performance Products, Resolution Specialty Materials, and

Bakelite Bakelite ( ), formally , is a thermosetting polymer, thermosetting phenol formaldehyde resin, formed from a condensation reaction of phenol with formaldehyde. The first plastic made from synthetic components, it was developed by Belgian chemist ...

AG. At that time they also acquired Pacific Epoxy Products. In 2010, the parent holding companies of Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. merged to form Momentive Performance Materials Holdings LLC. 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.

Acquisition by Westlake

In February 2022, it was announced the company epoxy division acquisition by Westlake was complete.

References

External links

* Companies based in the Columbus, Ohio metropolitan area Chemical companies of the United States Private equity portfolio companies Apollo Global Management companies 2005 mergers and acquisitions Companies that filed for Chapter 11 bankruptcy in 2019 {{Chemical-company-stub

Corporate structure

Acquisition by Westlake

See also

References

External links