Hexion
| Company type | Private |
|---|---|
| Industry | Chemical manufacturing |
| Predecessor | Borden Chemicals, Resolution Performance Products, Resolution Specialty Materials, Bakelite AG, Pacific Epoxy Products |
| Founded | 2005 |
| Headquarters | Columbus , United States |
| Products | Thermoset resin technologies and related specialty chemical products |
Hexion Inc.—previously known as Momentive Specialty Chemicals—is a chemical manufacturer headquartered in Columbus, Ohio, focusing on thermoset resin technologies and related specialty chemical products.
The company is organized into two principal segments: the Epoxy, Phenolic and Coating Resins Division, alongside the Forest Products Division.
Hexion's resin offerings cater to a wide array of sectors, including but not limited to abrasives, adhesives, chemical intermediates, civil engineering, coatings, composites, crop protection, electrical and electronics, engineered wood products, fertilizers and pesticides, fibers and textiles, foams, friction materials, furniture manufacturing, molding compounds, oilfield services, oriented strand board production, particleboard and fiberboard fabrication, plywood and laminated veneer lumber manufacturing, as well as refractories.
Corporate structure
Formed in 2005 through the consolidation of Borden Chemicals, Resolution Performance Products, Resolution Specialty Materials, and Bakelite AG, Hexion Specialty Chemicals, Inc. also incorporated Pacific Epoxy Products that same year. In 2010, the parent companies of Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. merged to establish Momentive Performance Materials Holdings LLC. This combined organization adopted the name Hexion Inc. in 2015.
As part of its strategic portfolio realignment, Hexion divested its Yumbo manufacturing plant in Colombia in February 2020 to a joint venture led by Master Paints & Chemical Corporation.
Acquisition by Westlake
Westlake finalized the purchase of Hexion’s global epoxy division in February 2022, thereby broadening its specialty chemicals portfolio and strengthening its position within the epoxy resin market.