Hexion Company Description
Hexion Specialty Chemicals is the world's largest thermosetting resins (or thermosets) maker, ahead of Georgia-Pacific. Thermosets add a desired quality (heat resistance, gloss, adhesion, etc.) to a number of different paints and adhesives. Hexion also is among the largest makers of formaldehyde and other forest product resins, epoxy resins, and raw materials for coatings and inks. In 2007, the company agreed to buy Huntsman for $10.5 billion. However, with the deal yet to be closed a year later, Hexion has attempted to pull out of the transaction. Apollo Management controls more than 90% of Hexion.
View the Comprehensive Company Description for Hexion
The Company Description provides a historical perspective of Hexion's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Hexion's evolution in the marketplace.
