Hexion Specialty Chemicals Inc’s North American dispersions business will increase certain emulsion polymer prices in the United States and Canada with effect from Oct. 1 in a bid to cope with higher costs. The company will raise prices by 6 cents per wet pound for all acrylic, styrene acrylic, vinyl acrylic and other polymers used in the adhesives, textiles, nonwovens and construction markets. Hexion, which is owned by private equity firm Apollo Management, said the move was prompted by "significant and sustained increases in raw material costs over the last several months, most notably for propylene, styrene and acrylic monomers."
11-Sep-09 
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