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Private company

HEXION INC.

HEXION INC. is an American plastic materials company, incorporated in New Jersey.1 It is headquartered in Columbus, Ohio.1

Last updated Oct 21, 2026.

Overview

  • IndustryPlastic Materials, Synth Resins & Nonvulcan Elastomers1
  • HeadquartersColumbus, Ohio1
  • Incorporated inNJ2
  • Business address180 East Broad Street, 26Th Floor, Columbus, Oh 432152
  • Filer categoryNon-accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

-2.5%Operating margin3
-9.2%Net margin3
-27.9%Return on equity3
2.08×Debt to equity3
$23.0MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Research and development2¢$38.0M
  • Selling, general and admin9¢$231.0M
  • Other costs85¢$2.1B
  • Interest4¢$100.0M
  • Income tax1¢$14.0M

Out of $2.5B in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2020

  • Capital spending82¢$108.0M
  • Kept or used elsewhere18¢$23.0M

Out of $131.0M of cash from operations.3

Financial statements

Revenue45673$2.5B in 2020−51% since 2014
0$2.0B$4.0B$6.0B2014: $5.1B$5.1B20142015: $4.1B$4.1B2015−19%2016: $3.4B$3.4B2016−17%2017: $3.6B$3.6B2017+4%2018: $3.1B$3.1B2018−13%2019: $0$020192020: $2.5B$2.5B2020
Gross profit456$571.0M in 2018+2% since 2014
0$200.0M$400.0M$600.0M2014: $561.0M$561.0M20142015: $600.0M$600.0M2015+7%2016: $418.0M$418.0M2016−30%2017: $503.0M$503.0M2017+20%2018: $571.0M$571.0M2018+14%
Operating income45673-$64.0M in 2020
-$100.0M0$100.0M$200.0M$300.0M2014: $118.0M$118.0M20142015: $260.0M$260.0M2015+120%2016: $272.0M$272.0M2016+5%2017: $100.0M$100.0M2017−63%2018: $189.0M$189.0M2018+89%2019: $0$020192020: -$64.0M-$64.0M2020
Net income45673-$230.0M in 2020+3% since 2014
-$1.0B0$1.0B$2.0B$3.0B$4.0B2014: -$223.0M-$223.0M20142015: -$40.0M-$40.0M2015−82%2016: -$38.0M-$38.0M2016−5%2017: -$234.0M-$234.0M2017+516%2018: -$162.0M-$162.0M2018−31%2019: $3.1B$3.1B20192020: -$230.0M-$230.0M2020
Fiscal year2014201520162017201820192020
Revenue$5.1B4$4.1B5$3.4B6$3.6B7$3.1B3$03$2.5B3
Cost of revenue$4.6B4$3.5B5$3.0B6$3.1B6$3.2B6
Gross profit$561.0M4$600.0M5$418.0M6$503.0M6$571.0M6
Research and development$72.0M4$65.0M5$59.0M6$58.0M7$43.0M3$38.0M3
Selling, general and admin$399.0M4$306.0M5$318.0M6$301.0M7$243.0M3$231.0M3
Operating income$118.0M4$260.0M5$272.0M6$100.0M7$189.0M3$03-$64.0M3
Interest$308.0M4-$326.0M5$310.0M6$329.0M7$365.0M3$100.0M3
Income tax$22.0M4$34.0M5$38.0M6$18.0M7$31.0M3$14.0M3
Net income-$223.0M4-$40.0M5-$38.0M6-$234.0M7-$162.0M3$3.1B3-$230.0M3

Compare HEXION INC. with another company

Corporate structure

HEXION INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of HEXION INC.

  • HEXION INC. Columbus, Ohio

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What HEXION INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$79.0M3 Dec 31, 2020$82.0M3 Dec 31, 2019−3.7%
Buildings and improvements$122.0M3 Dec 31, 2020$114.0M3 Dec 31, 2019+7.0%
Machinery and equipment$1.3B3 Dec 31, 2020$1.1B3 Dec 31, 2019+10.6%
Property and equipment, before depreciation$1.5B3 Dec 31, 2020$1.3B3 Dec 31, 2019+9.4%
Accumulated depreciation$212.0M3 Dec 31, 2020$63.0M3 Dec 31, 2019+236.5%
Property and equipment, net$1.3B3 Dec 31, 2020$1.3B3 Dec 31, 2019−1.7%
Finance-lease assets$13.0M3 Dec 31, 2020$10.0M3 Dec 31, 2019+30.0%
Operating-lease assets (leased space)$103.0M3 Dec 31, 2020$110.0M3 Dec 31, 2019−6.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$204.0M3 Dec 31, 2020$254.0M3 Dec 31, 2019−19.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$164.0M3 Dec 31, 2020$164.0M3 Dec 31, 20190%
Intangible assets, net (excluding goodwill)$1.1B3 Dec 31, 2020$1.1B3 Dec 31, 2019−4.1%
Finite-lived intangibles, gross$1.2B3 Dec 31, 2020$1.2B3 Dec 31, 20190%
Accumulated amortization-$84.0M3 Dec 31, 2020-$26.0M3 Dec 31, 2019−223.1%

Former names

  • MOMENTIVE SPECIALTY CHEMICALS INC.Oct 20, 2010 to Jan 14, 20152
  • HEXION SPECIALTY CHEMICALS, INC.Jun 6, 2005 to Oct 1, 20102
  • BORDEN CHEMICAL INCFeb 14, 2005 to May 26, 20052
  • BORDEN CHEMICAL INCJan 28, 2002 to Nov 16, 20042
  • BORDEN INCAug 5, 1994 to Nov 14, 20012

Timeline

  1. Mar 15, 20228-K Completed an acquisition or sale; Other events10
  2. Feb 23, 20228-K Executive or director change11
  3. Feb 1, 20228-K Completed an acquisition or sale; Other events12
  4. Jan 27, 20228-K Results of operations13
  5. Jan 25, 20228-K Shareholder vote; Other events14
  6. Dec 20, 20218-K Other events15
  7. Dec 20, 20218-K Entered a material agreement; Executive or director change16
  8. Nov 24, 20218-K Entered a material agreement17
  9. Nov 12, 20218-K Results of operations18
  10. Oct 20, 20218-K Regulation FD disclosure19

Calendar

When it reported results

  1. Jan 27, 2022Reported quarterly or annual results13
  2. Nov 12, 2021Reported quarterly or annual results18

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

12 filings to the SEC since October 2021: 1 quarterly reports, 10 major events, 1 large holders. The latest 12:

  1. Mar 15, 20228-K CURRENT REPORT EDGAR
  2. Feb 23, 20228-K EDGAR
  3. Feb 14, 2022SC 13G/A HEXION 13G/A EDGAR
  4. Feb 1, 20228-K CURRENT REPORT EDGAR
  5. Jan 27, 20228-K CURRENT REPORT EDGAR
  6. Jan 25, 20228-K CURRENT REPORT EDGAR
  7. Dec 20, 20218-K EDGAR
  8. Dec 20, 20218-K EDGAR
  9. Nov 24, 20218-K CURRENT REPORT EDGAR
  10. Nov 12, 20218-K CURRENT REPORT EDGAR
  11. Nov 12, 202110-Q QUARTERLY REPORT EDGAR
  12. Oct 20, 20218-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How HEXION INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHEXION INC.1
  • CIK0000013239
  • Employer ID (EIN)13-05112501
  • Filer statusNon-accelerated filer1
  • Incorporated inNew Jersey1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers1
  • Business address180 East Broad Street, 26Th Floor, Columbus, OH 432151
  • Phone61422540001
  • Shares outstanding100 as of Nov 1, 202121
  • Public float$0 as of Dec 31, 20203
  • On EDGAR sinceJan 10, 19941
  • Filings616 in all: 8-K (305), 10-Q (84), 424B3 (33), 10-K (23), CORRESP (18), UPLOAD (18), S-4/A (13), EFFECT (12)1
    All 41 form types

    S-1/A (12), SC 14D1/A (12), SC 13D/A (10), S-4 (9), SC 14D9/A (9), 10-Q/A (5), 10-K405 (4), 8-K/A (4), POS AM (4), SC 13D (4), IRANNOTICE (3), S-1 (3), S-3/A (3), SC 13G/A (3), 10-K/A (2), 10-K405/A (2), RW (2), S-8 (2), SC 13G (2), SC 14D1 (2), 15-12B (1), 3 (1), 4 (1), 8-A12B (1), 8-A12B/A (1), CERTNYS (1), D (1), DEF 14A (1), NT 10-K (1), NT 10-Q (1), S-3 (1), SC 14D9 (1), SD (1)

  • Latest filingsAnnual report (10-K) Mar 10, 2021
    Quarterly report (10-Q) Nov 12, 2021
    Proxy statement (DEF 14A) Apr 8, 1994
    Latest 8-K (8-K) Mar 15, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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