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Omnova to Raise Prices for its Emulsion Polymers in the US Due to Escalating Raw Material Costs

Published on 2012-03-02. Author : SpecialChem

FAIRLAWN, Ohio -- OMNOVA Solutions' Specialty Chemicals business announced a price increase of $0.15 per dry pound for all styrene butadiene emulsion polymers produced in the U.S. and $0.04 per wet pound for all acrylic, styrene acrylic, vinyl acrylic, and vinyl acetate emulsion polymers. In addition, all vinyl pyridine (VP) latex products produced in the U.S. will increase by $0.20 per dry pound. These increases are effective March 15, 2012 for all specialty markets including coatings, tape & adhesives, floor care, graphic arts, nonwovens, textiles, construction, tire cord, and oilfield chemicals. This action is necessitated by the continuing escalation in the costs of key raw materials and is in addition to previously announced increases.

About Omnova Solutions

OMNOVA Solutions is a technology-based company with 2011 pro forma sales of $1.2 billion and a global workforce of approximately 2,300. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses.

Source: Omnova Solutions

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