Hexion Announces First Mobile Permian Basin Resin Coating Plant

HOUSTON–(BUSINESS WIRE)–The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) today
announced its new VoyagerSM mobile resin coating service.
Initially located in the Permian Basin, the innovative Voyager service
is the first mobile manufacturing solution that provides in-basin resin
coated proppant manufacturing for application in the oil and gas
industry.

Hexion is the first company to develop mobile resin coating technology,
offering customers efficient manufacturing of resin coated proppants on
any substrate. Manufacturing can occur in any location that offers
optimum logistics to the wellsite, even internationally.

Hexion’s mobile plant occupies a small footprint and offers a variety of
advantages over a traditional manufacturing facility. Most notable is
that the facility is mobile, which enables strategic and efficient
placement near transloads and sand mines. With transportation being a
major cost associated with the use of proppants, freight costs are
significantly reduced by the ability to locate coating capacity in close
proximity to areas of high drilling and completions activity.

“This new model allows for better alignment with our customers by
unlocking supply chain synergies, resulting in unmatched coating
operational efficiency and quicker delivery of resin coated proppants,”
said Jerry Kurinsky, Senior Vice President and General Manager, OTG.
“Ultimately, this translates to cost savings for our customers.”

In addition to being mobile, the Voyager mobile resin coating service is
operated with fewer personnel, which further reduces costs. It is also
supported by a mobile quality control center to ensure the highest
quality standards through systematic monitoring and product testing.

About Hexion’s Oilfield Technology Group

Hexion’s Oilfield Technology Group is a leading provider of innovative
technologies for the oil and gas industry. We offer well stimulation
solutions with our advanced resin coated proppants and a variety of
performance additives for oilfield applications. Our products also
include production chemicals such as hydrogen sulfide scavengers for
crude oil and natural gas production. Hexion is committed to enhancing
its industry leadership and meeting its customers' specific application
needs with a total solutions approach of quality products and services.
Additional information is available at www.hexion.com/oilfield.

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.

®, ™ and SM are trademarks owned by or licensed to Hexion Inc.

Contacts

Media:
Hexion Inc.
R. Steve Verboom, +1-281-646-2831
Marketing
Communications Manager
Oilfield Technology Group
[email protected]
or
Investors:
Hexion
Inc.
John R. Kompa, +1-614-225-2223
Vice President, Investor
Relations & Public Affairs
[email protected]