Type | Public |
---|---|
Industry | Chemical |
Predecessor | Momentive Specialty Chemicals, Borden Chemical |
Founded | 1899 |
Headquarters | |
Number of locations | ~ 66 |
Key people | Craig A. Rogerson (CEO) |
Products | Chemicals |
Revenue | ~ $3.8 billion (2019) |
Number of employees | 4,300 [1] (2017) |
Website | www |
Hexion Inc. or Hexion (previously Momentive Specialty Chemicals) [2] is a chemical company based in Columbus, Ohio. It produces thermoset 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, Coatings, 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.
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. [3] In 2010, the parent holding companies of Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. merged to form Momentive Performance Materials Holdings LLC. [4] 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. [5] [6]
In February 2022, it was announced the company epoxy division acquisition by Westlake was complete. [7] [8] [9] [10]
Agfa-Gevaert N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems. It has three divisions:
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Chemtura Corporation was a global corporation headquartered in Philadelphia, Pennsylvania, with its other principal executive office in Middlebury, Connecticut. Merged into Lanxess in 2017, the company focused on specialty chemicals for various industrial sectors, and these were transportation, energy, and electronics. Chemtura operated manufacturing plants in 11 countries. Its primary markets were industrial manufacturing customers. The corporation employed approximately 2500 people for research, manufacturing, logistics, sales and administration. Operations were located in North America, Latin America, Europe and Asia. In addition, the company had significant joint ventures primarily in the United States. For the year ended December 31, 2015, the company's global core segment revenue was $1.61 billion. Chief executive officer was Craig A. Rogerson, who was also the president and chairman of the board of Chemtura Corporation. On April 21, 2017, Chemtura was acquired by the German chemical company Lanxess.
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