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Polymer Giant Hexion Hits Ch. 11 With $3.8B In Debt

By Rose Krebs (April 1, 2019, 12:11 PM EDT) -- Hexion Inc., a producer of resins and coatings used in paints and adhesive products, filed for Chapter 11 in Delaware on Monday, saying it has an agreement in place with the majority of creditors to wipe out $2 billion of its $3.8 billion in debt....

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