COLUMBUS, OH - Hexion Inc. recently announced that it will increase the prices of its Versatic™ Acids globally for all products shipped on or after April 1, 2022, or as contract terms allow. Prices will increase by a minimum of $250/mt or €220/mt. 

Hexion also announced that it will increase the prices of its Cardura™ Glycidyl Ester and VeoVa™ monomers globally for all products shipped on or after April 1, 2022, or as contract terms allow.  Prices will increase by a minimum of $200/mt or €175/mt for Cardura Glycidyl Ester and a minimum of $125/mt or €110/mt for VeoVa monomers.  

Hexion reports that these price adjustments are primarily driven by continued increases of key raw material and energy costs.