Hexion Inc. or Hexion (previously Momentive Specialty Chemicals) is a chemical company based in
Columbus, Ohio. 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 ...
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,
Adhesives, Chemical Intermediates,
Civil Engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewa ...
,
Coating
A coating is a covering that is applied to the surface of an object, usually referred to as the substrate. The purpose of applying the coating may be decorative, functional, or both. Coatings may be applied as liquids, gases or solids e.g. Pow ...
s, 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 Specialty Chemicals, Inc was formed in 2005 through the merger of
Borden Chemicals, Resolution Performance Products, Resolution Specialty Materials, and Bakelite 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.
See also
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Epoxy
*
Momentive
References
External links
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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
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