BNET Industries

Hexion Specialty Chemicals Inc.

is in the Manufacturing Industry

Last Fiscal Year Sales:$5.8B
  • Private
  • US
Dow Jones Description

We are a New Jersey corporation with predecessors dating back to 1899 and are the worlds largest producer of thermosetting resins, or thermosets. Thermosets are a critical ingredient in virtually all paints, coatings, glues and other adhesives produced for consumer or industrial uses. We provide a broad array of thermosets and associated technologies, and have leading market positions in each of the key markets that we serve. Our breadth of related products provides our operations, technology and commercial service organizations with competitive advantages, while our scale provides us with significant efficiencies in our cost structure, allowing us to compete effectively throughout the value chain. Our value-added, technical service-oriented business model enables us to effectively participate in high-end specialty markets, while our scale enables us to capture value from higher volume applications. Thermosets are developed to meet the performance characteristics required for each specific end use product. The type of thermoset used, and how it is formulated, applied and cured, determines its key attributes, such as durability, gloss, heat resistance, adhesion, or strength of the final product. We have the broadest range of thermoset resin technologies in our industry, with world class research, applications development and technical service capabilities. ...

Chairman, President and CEO
Craig O. Morrison
Number of Employees 6,400
Contact Information

180 E Broad St

Columbus, Ohio 43215

hexion.com

(614) 225-4000

NAICS Code Plastics Material and Resin Manufacturing: 325211

Recent Events

  • Hexion will continue to cut costs despite Q3 gain, CEO says

    11/17/09 - Financial Announcement - View Story

  • HEXION SPECIALTY CHEMICALS: Powder Coating Resins (7/7/09)

    10/12/09 - Product Announcement - View Story

  • Union Carbide Corp. v. Smith

    10/07/09 - Lawsuit Filed - View Story

  • UPDATE 4-Huntsman to bid $415 million for Tronox assets

    8/31/09 - Lawsuit Filed - View Story

  • Huntsman CEO worries about W-shaped recovery

    8/26/09 - Merger / Acquisition - View Story

  • UPDATE 1-Hexion Specialty Chemicals 2nd quarter loss narrows

    8/13/09 - Financial Announcement - View Story

  • Hexion Specialty Chemicals Announces Preliminary Second Quarter 2009 Results

    7/23/09 - Financial Announcement - View Story

  • Deadline two days away for 2009 polyurethane award nominations

    7/08/09 - Product Announcement - View Story

  • Huntsman Corp.'s dispute with 2 banks is going to trial

    6/14/09 - Bond / Stock Rating - View Story

  • Hexion adding to Gahanna operations

    6/12/09 - Financial Announcement - View Story

News & Analysis

hexion specialty chemicals inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Kevin W. McGuire Chief Information Officer
Willaim H. Carter CFO & Executive Vice President
William H Carter Director, Executive Vice President and Chief Financial Officer
Cornelis Kees Verhaar Executive Vice President, Presidentepoxy and Coating Resins
Ernest T Whitus Executive Vice Presidenthuman Resources
Ernie Whitus Executive Vice President, Human Resources
Joseph P. Bevilaqua Executive Vice President, Presidentphenolic and Forest Products Resins
MARY ANN JORGENSON Executive Vice President and General Counsel
Nathan E. Fisher Executive Vice President Â?? Global Procurement
Richard A. Lamond Executive Vice President, Hr
Richard L. Monty Executive Vice Presidentenvironmental Health and Safety
George F. Knight Senior Vice Presidentfinance and Treasurer
David Hemm Vice President, Performance Adhesives
Nipesh Shah Vice President Â?? Six Sigma
Peter Loscocco Vice President, Public Affairs
Raymond H. Glaser Vice President, Strategy & Dev
John Kompa Director, Ir
John Housenga Product Manager, Coating Resins
Paul Lindquist New Business Development Manager for the Hexion Uv
Ellen German Berndt Secretary & Assistant General Counsel
Mark A Freshwater Technical Market Specialist
Jordan C. Zaken Director
Scott M. Kleinman Director

Board of Directors

Name (plus bio) Position
Craig O. Morrison Chairman, President and CEO
Marvin O. Schlanger Vice Chairman
Robert V. Seminara Board of Directors

Organization Position Status
Hexion Specialty Chemicals, Inc. Chairman, President and CEO Current
Borden Chemical Foundry, Inc. Director, Chairman, President and Chief Executive Officer Current
Health-Corp Board of Directors Current
Health-Corp Member Current
Hexion Speciality Chemical Inc President & CEO Former
Hexion Speciality Chemical Inc Board of Directors Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Chief Information Officer Current
Brainbench, Inc. Chief Operating Officer Former
Hexion Specialty Chemicals, Inc. Executive Vice President Former
Union Carbide Corporation Senior Director, Information Technology & Process Automation Former

Organization Position Status
Hexion Specialty Chemicals, Inc. CFO & Executive Vice President Current
Hexion Specialty Chemicals, Inc. Board of Directors Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Director, Executive Vice President and Chief Financial Officer Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President, Presidentepoxy and Coating Resins Current
Borden Chemical Foundry, Inc. Executive Vice President, Presidentepoxy and Coating Resins Current
Hexion Specialty Chemicals, Inc. President, Epoxy and Coating Resins Former
Noveon, Inc. Senior Vice President for the Performance Coatings Business Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice Presidenthuman Resources Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President, Human Resources Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President, Presidentphenolic and Forest Products Resins Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President and General Counsel Current
Squire, Sanders & Dempsey L.L.P. Partner Current
Yukos Oil Corporation Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President Â?? Global Procurement Current
Hexion Specialty Chemicals, Inc. Director of Global Procurement Former
Eastman Chemical Company Global Chemicals Procurement Manager Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice President, Hr Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Executive Vice Presidentenvironmental Health and Safety Current
Borden Chemical Foundry, Inc. Executive Vice President, Environmental Health and Safety Current
Huntsman Corporation Director, Global Environmental Health& Safety Former
Huntsman Corporation Environmental Health and Safety Positions Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Senior Vice Presidentfinance and Treasurer Current
Hexion Specialty Chemicals, Inc. Treasurer Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Vice President, Performance Adhesives Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Vice President Â?? Six Sigma Current
Avery Dennison Corporation Six Sigma Plus Leader Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Vice President, Public Affairs Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Vice President, Strategy & Dev Current
World Kitchen LLC Board of Directors Current
W.R. Grace & Company Director of Business Development Former

Organization Position Status
Hexion Specialty Chemicals, Inc. Director, Ir Current
Hexion Specialty Chemicals, Inc. Board of Directors Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Product Manager, Coating Resins Current

Organization Position Status
Hexion Specialty Chemicals, Inc. New Business Development Manager for the Hexion Uv Current

Organization Position Status
Hexion Specialty Chemicals, Inc. Secretary & Assistant General Counsel Current

I have spent my entire career in the organic pigment industry working primarily for 2 companies, Hoechst Celanese and LANSCO COLORS. During my 20 years in the industry I have worked on the development, sales, marketing, and sourcing of Organic Pigments for the coatings, inks, and plastics industries. I enjoyed 2 years in Germany as a Pigment Product Manager and have made several trips to Asia working on various pigment projects. I have been the guest speaker at many local and national conferences speaking on a variety of pigment subjects. I am a member of the Society of Plastics Engineers as well as the Federal Society of Coatings Technology.. He has held various positions throughout his career, including Technical Manager, Technical Director, Business Development Manager, and currently is a Technical Market Specialist for Hexion Specialty Chemicals.Mr. Johnson's hobbies include motorcycling, boating, rebuilding small engines and enjoying the wilderness. He can frequently be found wandering the beaches of Union Pier, Michigan with his wife, daughter and son, or some combination thereof.

Organization Position Status
BNP Media Events Vice President of Sales and Marketing Current
Hexion Specialty Chemicals, Inc. Technical Market Specialist Current

Jordan C. Zaken. Mr. Zaken has been one of our directors since August 2006. He is a Partner at Apollo Management, L.P., where he has worked since 1999. Mr. Zaken was employed by Goldman, Sachs & Co. in its Mergers and Acquisitions Department from 1997 to 1999. He also is a director of Hexion Specialty Chemicals, Inc.

Organization Position Status
Apollo Management L.P. Partner Current
Hexion Specialty Chemicals, Inc. Director Current
Borden Chemical Foundry, Inc. Director Current
Verso Paper Holdings LLC Board of Directors Current
Goldman, Sachs & Co. Former

Marvin O. Schlanger was elected Director and Vice Chairman of the Board of Directors of the Company on June 29, 2005. Mr. Schlanger served as Chairman and Chief Executive Officer of Resolution Performance and RPP Capital Corporation since November 2001 until the closing of the Hexion Formation. Since October 1998, Mr. Schlanger has been a principal in the firm of Cherry Hill Chemical Investments, LLC, which provides management services and capital to the chemical and allied industries. Mr. Schlanger is also a director of AmeriGas Partners L.P., UGI Corporation, UGI Utilities, and Momentive Performance Materials, Inc., and a director and Chairman of the Board of CEVA Group Plc. Prior to the Hexion Formation, he was a director and Chairman of the Board of RPP Capital and Resolution Specialty Materials, Inc. Mr. Schlanger is Chairman of the Environmental, Health and Safety Committee of the Board of Directors.

Organization Position Status
Hexion Specialty Chemicals, Inc. Director, Vice Chairman Current
CEVA Group plc Chairman of The Board Current
Covalence Specialty Materials Corp. Chairman of the Board of Directors Current
CEVA Group plc Director Current
AmeriGas Propane Inc Board of Directors Current
UGI Corporation Vice Chairman Current
AmeriGas Partners, L.P. Director Current
Momentive Performance Materials Inc. Board of Directors Current
UGI Utilities, Inc. Director Current
Hexion Specilaty Chemical Inc Chairman & CEO Former
RPP Capital Corporation Chairman & CEO Former
ARCO Chemical Company Chief Executive Officer Former
ARCO Chemical Company President Former
UGI Corporation Board Director Current
ARCO Chemical Company Executive Vice President Former
Resolution Specialty Materials LLC Chairman of the Board Former
RPP Capital Corporation Director Former
Hexion Specialty Chemicals, Inc. Director Former
Hexion Speciality Chemical Inc Board of Directors Former
Resolution Specialty Materials LLC Director Former

Mr. Seminara , age 34, has been a director since February 2006. Mr. Seminara is a partner of Apollo Management, L.P., with which he has been associated since January 2003. From June 1996 to January 2003, Mr. Seminara was a managing director in the private equity investment group at Evercore Partners LLC, an advisory and investment firm providing advisory services to multinational corporations on significant mergers, acquisitions, divestitures, restructurings and other strategic corporate transactions. Mr. Seminara currently serves on the board of directors of Hexion Specialty Chemicals, Inc. and Berry Plastics Group.

Organization Position Status
Hexion Specialty Chemicals, Inc. Board of Directors Current
Berry Plastics Corporation Board Member Current
Borden Chemical Foundry, Inc. Director Current
Covalence Specialty Materials Corp. Director Current
Kerr Group, Inc. Board of Directors Current
Evercore Partners Inc. Managing Director Former
Evercore Partners Inc. Officer, Private Equity Investment Group Former
Hexion Specialty Chemicals, Inc. Audit Committee Chairman Former
World Kitchen LLC Board of Directors Former
Hexion Speciality Chemical Inc Board of Directors Former

Scott M. Kleinman. Mr. Kleinman has been a director of Verso since August 2006. Mr. Kleinman is a partner of Apollo Management, L.P., a global private equity firm where he has worked since 1996. He was employed by Smith Barney Inc. in its Investment Banking division from 1994 to 1995. Mr. Kleinman also is a director of Hexion Specialty Chemicals, Inc., Momentive Performance Materials Inc., Realogy Corporation, and Noranda Aluminum Holding Corporation.

Organization Position Status
Apollo Management L.P. Partner Current
Noranda Aluminum Holding Corporation Director Current
Verso Paper Holdings LLC Director Current
RPP Capital Corporation Board of Directors Current
Realogy Corporation Director Current
Hexion Specialty Chemicals, Inc. Director Current
Momentive Performance Materials Inc. Board of Directors Current
Borden Chemical Foundry, Inc. Director Current
Noranda Aluminum, Inc Board of Directors Current
Smith Barney Board of Directors Former
Hexion Speciality Chemical Inc Board of Directors Former
Hexion Specilaty Chemical Inc Board of Directors Former
Resolution Specialty Materials LLC Director Former
advertisement
advertisement