# Hexion Holdings to spin off coatings and composites business

Hexion Holdings Corporation announced plans to separate into two independent companies: Hexion Holdings (adhesives and Versatic Acids) and Hexion Coatings and Composites (US) Inc. (epoxy-based coatings and composites), via an IPO and spin-off.

- Type: Acquisition
- Announced: 2021-09-30
- Where: Columbus, Ohio, United States
- Status: announced
- Products: adhesives, Versatic Acids, epoxy-based coatings and composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hexion](https://endata.com/companies/22326.md)

## Sources

- [citybiz.co](https://www.citybiz.co/article/150964/hexion-holdings-corporation-announces-plan-to-separate-into-two-independent-companies/), 2021-09-30: "Hexion Holdings Corporation today announced its plan to separate into two independent companies."
- [cen.acs.org](https://cen.acs.org/business/finance/Hexion-split-two/99/i36), 2021-10-01: "Hexion Holdings plans to split itself into two companies later this year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.