Hexion Completes AI-Driven Acquisition of Smartech | PR Newswire [Video]

Acquisition reinforces Hexion’s commitment to leverage cutting-edge AI technology to foster a more efficient, cost-effective, and environmentally-responsible manufacturing sector

, /PRNewswire/ — Hexion Inc., a global leader of adhesives and performance materials solutions, today announced its acquisition of Smartech, a cutting-edge technology company at the forefront of AI-driven autonomous manufacturing solutions. This strategic acquisition, Hexion’s first in a decade, marks a bold step in the company’s strategy to revolutionize the manufacturing ecosystem, harnessing cutting-edge AI and machine learning technology to drive unprecedented gains in production efficiency, cost, sustainability, and product quality—in the wood processing industry and beyond.

“This a defining moment for Hexion as we integrate Smartech’s world-class artificial intelligence and automated manufacturing capabilities with our unmatched expertise in resins and wood processing,” said Michael Lefenfeld, President and CEO of Hexion. “As global manufacturing industries continue to grapple with rising raw material costs, supply chain pressures, and environmental changes, Hexion’s investment in AI-driven innovation positions us at the forefront of smart …