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Hexion - About the company

Hexion is an acquired company based in Columbus (United States). It operates as a Manufacturer of resins and chemical additives for industrial production processes. Hexion has raised $15.3M in funding. The company has 2261 active competitors, including 71 funded and 551 that have exited. Its top competitors include companies like Univar Solutions, Corbion and Chemours.

Company Details

Manufacturer of resins and chemical additives for industrial production processes. These chemical products include resins, adhesives, and monomers used in agricultural applications, vehicle manufacturing, building materials, and coatings. The business also provides specialized formulations for wood panels, mining operations, and energy extraction processes. Operations involve the application of data analytics to optimize manufacturing setpoints and chemical formulation consistency across industrial sectors.
Social
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Email ID
*****@hexion.com, *****@hexion.com
Phone Number
+1 **********
Key Metrics
Location
Columbus, United States
Stage
Acquired
Total Funding
$15.3M in 4 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$1B+ as on Dec 31, 2020
Employee Count
1,790 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Westlake Chemical (Feb 01, 2022)

Hexion's acquisition details

Hexion got acquired by Westlake Chemical on Feb 01, 2022.
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Hexion's funding and investors

Hexion has raised a total funding of $15.3M over 4 rounds. Its first funding round was on Sep 01, 2016. Hexion has 1 institutional investor.

Here is the list of recent funding rounds of Hexion:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 23, 2020
1052858
Series B
3795096
9531449
8775712
6735500
Jul 05, 2019
9265647
Conventional Debt
4414087
4951650
2056235
1649872
Jul 01, 2019
3959846
Conventional Debt
6635481
1877393
9585831
2794906
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Hexion's founders and board of directors

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Hexion's employee count trend

Hexion has 1,790 employees as of Jul 26. Here is Hexion's employee count trend over the years:
Employee count trend for Hexion
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Hexion's Competitors and alternates

Top competitors of Hexion include Univar Solutions, Corbion and Chemours. Here is the list of Top 10 competitors of Hexion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Univar Solutions
Univar Solutions
1924, Downers Grove (United States), Acquired
Global distributor of chemicals and ingredients
$38.4M
68/100
2nd
Logo for Corbion
Corbion
1919, Amsterdam (Netherlands), Public
Manufacturer of food ingredients, biochemicals, biomedical polymers, and algae-based products
-
68/100
3rd
Logo for Chemours
Chemours
2015, Wilmington (United States), Public
Chemical corporation
-
65/100
4th
Logo for AGC
AGC
2000, Tokyo (Japan), Public
Manufacturers of glass, chemicals, and ceramics
-
65/100
5th
Logo for Air Liquide
Air Liquide
1902, Paris (France), Public
Supplier of gases & chemical products
-
64/100
6th
Logo for Lgchem
Lgchem
1947, South Korea, Public
Manufacturer of petrochemicals, advanced materials, and innovative life science solutions
-
63/100
7th
Logo for DFPCL
DFPCL
1979, Pune (India), Public
Manufacturer of fertilizers, industrial chemicals, and value-added real estate
-
62/100
8th
Logo for Hexion
Hexion
Columbus (United States), Acquired
Manufacturer of resins and chemical additives for industrial production processes
$15.3M
61/100
9th
Logo for Grasim
Grasim
Mumbai (India), Public
Manufacturer of fabrics and synthetic yarn products
-
-
61/100
10th
Logo for Solvay
Solvay
1863, Belgium, Public
Manufacturer of inorganic chemicals and advanced materials
-
61/100
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Hexion's Investments and acquisitions

Hexion has not made any investments yet. Hexion has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 03, 2024
Acquisition
2003
Caesarea (Israel)
Mar 15, 2022
Acquisition
1994
New York City (United States)
Jul 12, 2007
Acquisition
1970
The Woodlands (United States)
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Reports related to Hexion

Here is the latest report on Hexion's sector:

News related to Hexion

lockFilter this list
Media has covered Hexion for a total of 5 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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