Hexion Specialty Chemicals, Inc. · Columbus, OH United States
Company Description
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This link will open in a new window 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, amid the general economic turmoil of 2008, Hexion pulled out of the transaction toward the end of that year. Apollo Management controls more than 90% of Hexion. To read the full description, subscribe now.
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Key Hexion Specialty Chemicals, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,093.0 |
| 2008 Employees | 6,800 |
Hexion Specialty Chemicals, Inc. Executives
22 executives listed for Hexion Specialty Chemicals, Inc.'s Columbus, OH location.
| Title | Name & Bio | Contact |
| Chairman, President, CEO, and Director | Craig Morrison | Network |
| Vice Chairman | Marvin Schlanger | Network |
| EVP; President, Coatings and Inks Divisione | Peter Hartland | Network |
Competition
Competitive Landscape for Hexion Specialty Chemicals, Inc.
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top Hexion Specialty Chemicals, Inc. Competitors
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