Hexion Inc.

02/17/2017 | Press release | Distributed by Public on 02/17/2017 09:21

Steve Banick to Lead Hexion’s North America Commercial and Supply Chain Organization

Hexion Inc.

180 East Broad Street

Columbus, OH 43215 hexion.com



Steve Banick to Lead Hexion's North America Commercial and Supply Chain Organization

COLUMBUS, Ohio - (February 17, 2017) - Hexion Inc. ("Hexion" or the "Company") today announced that Steve Banick has been named Leader of the North America Commercial & Supply Chain organization within the Company's Forest Products Resins Segment. Mr. Banick will oversee Hexion's North American Wood Fiber, Oriented Strand Board, Plywood, Performance Adhesives, Laminated Melamine Derivatives (LMD) and Wax business segments, as well as the North America Supply Chain function.

Mr. Banick has held multiple Research and Development and commercial leadership positions since joining the Company in 1995. He most recently served as North American Business Director - Plywood and LVL and spent three years as the Business Director for Hexion's European Forest Products business. Mr. Banick holds a bachelor's degree in Business Economics from the University of Oregon. He will continue to operate out of the Company's Alexandria, Louisiana office.

"Steve has been a key contributor to Hexion's success for more than 20 years, and that experience has prepared him well to lead these key product lines," said Craig O. Morrison, Chairman, President and CEO. "This reflects not only our confidence in Steve, but our commitment to the continued growth of our North America forest products business."

About the Company

Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Hexion Inc. is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Hexion Inc. and its products is available at www.hexion.com.

Investors and Media Contact:

John Kompa 614-225-2223

[email protected]