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.
- Website
- www.hexion.com/
- 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
8th among 2261 active competitors
Annual Revenue
$1B+ as on Dec 31, 2020
Employee Count
1,790 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Westlake Chemical (Feb 01, 2022)
Legal entities associated with Hexion
Hexion is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Hexion Chemicals India Private Limited CIN: U74120MH2011FTC213947 , India, Active | Feb 22, 2011 | ₹10 - ₹50 Cr (As on Mar 31, 2021) | - | |
BAKELITE SYNTHETICS INDIA PRIVATE LIMITED CIN: U24304MH2020FTC344380 , India, Active | Aug 24, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 3 (As on Mar 31, 2024) | |
Hexion Inc. CIN: 13239 , United States, Active | Jan 01, 1936 | $1B+ (As on Dec 31, 2020) | 1026 (As on Dec 31, 2021) | - |
Hexion's acquisition details
Hexion got acquired by Westlake Chemical on Feb 01, 2022.
Click here to take a look at Hexion's acquisition in detail
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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:
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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 |
View details of Hexion's funding rounds and investors
Hexion's founders and board of directors
Founder? Claim ProfileHexion's employee count trend
Hexion has 1,790 employees as of Jul 26. Here is Hexion's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Univar Solutions 1924, Downers Grove (United States), Acquired | Global distributor of chemicals and ingredients | $38.4M | 68/100 | |
2nd | Corbion 1919, Amsterdam (Netherlands), Public | Manufacturer of food ingredients, biochemicals, biomedical polymers, and algae-based products | - | 68/100 | |
3rd | Chemours 2015, Wilmington (United States), Public | Chemical corporation | - | 65/100 | |
4th | Manufacturers of glass, chemicals, and ceramics | - | 65/100 | ||
5th | Air Liquide 1902, Paris (France), Public | Supplier of gases & chemical products | - | 64/100 | |
6th | Lgchem 1947, South Korea, Public | Manufacturer of petrochemicals, advanced materials, and innovative life science solutions | - | 63/100 | |
7th | Manufacturer of fertilizers, industrial chemicals, and value-added real estate | - | 62/100 | ||
8th | Hexion Columbus (United States), Acquired | Manufacturer of resins and chemical additives for industrial production processes | $15.3M | 61/100 | |
9th | Manufacturer of fabrics and synthetic yarn products | - | - | 61/100 | |
10th | Manufacturer of inorganic chemicals and advanced materials | - | 61/100 |
Looking for more details on Hexion's competitors? Click here to see the top ones
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:
Filter 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) |
See all acquisitions by Hexion
Reports related to Hexion
Here is the latest report on Hexion's sector:
News related to Hexion
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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Hexion Sells La Grande Manufacturing Site to Customer, KronospanAccess Newswire•Dec 11, 2025•Kronospan, Hexion
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Hexion Completes AI-Driven Acquisition of SmartechMiningstockeducation•Dec 03, 2024•Hexion, Smart Technologies, SMARTECH
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Hexion and Clariant Form Collaboration to Advance High-Performance Intumescent CoatingsCoatings World•Aug 15, 2024•Hexion, Clariant
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Hexion Sells Pva & Epi Emulsions Business To Franklin InternationalAdhesivesmag•Jul 09, 2024•Hexion, Franklininternational
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Ketjen Announces the Appointment of Henri Tausch as Chief Commercial OfficerBusiness Wire•Jun 19, 2024•Ketjen, Hexion
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Hexion Specialty Chemicals to acquire Huntsman for $28.00/share in cashReuters•Jan 09, 2024•Hexion, Huntsman
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