ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Hexion Holdings plans to split itself into two companies later this year. One firm will run Hexion’s adhesive and versatic acid business. It will have about $1.4 billion in annual sales and keep the Hexion Holdings name. As previously stated, it plans an initial public stock offering on the New York Stock Exchange. The other firm will include Hexion’s coatings and composites business, which makes epoxy-based materials. It will have about $1.1 billion in sales and be named later; its stock will be distributed to Hexion’s current private shareholders. Last year, Hexion sold its phenolic resins business to Black Diamond Capital Management for $425 million.
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on X