BLACK DIAMOND

Hexion Inc. Completes Sale of Phenolic Specialty Resins, Hexamine and European-based Forest Products Resins Businesses to Black Diamond and Investindustrial

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星期五, 四月 30, 2021

b'Hexion Inc. (\xe2\x80\x9cHexion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.

Key Points: 
  • b'Hexion Inc. (\xe2\x80\x9cHexion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.
  • In addition, our management may from time to time make oral forward-looking statements.
  • Additional information about Hexion Inc. and its products is available at www.hexion.com .\nBlack Diamond Capital Management, L.L.C.
  • Black Diamond has over 25 years of experience in underwriting, trading, restructuring and managing performing, stressed, distressed and private equity investments through multiple market cycles.