Omnova Solutions announces price increase of US$0.06/dry pound for all styrene butadiene emulsion polymers produced in U.S., effective Jan. 16 for all specialty markets including coatings, tape and adhesives
January 5, 2012
– OMNOVA Solutions’ Specialty Chemicals business today announced a price increase of $0.06 per dry pound for all styrene butadiene emulsion polymers produced in the U.S. In addition, all vinyl pyridine (VP) latex products produced in the U.S. will increase by $0.10 per dry pound. These increases are effective January 16, 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.
OMNOVA Solutions Inc. is a technology-based company with pro forma sales for the twelve months ending August 31, 2011 of $1.2 billion and a global workforce of approximately 2,700. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses. Visit OMNOVA Solutions on the internet at www.omnova.com.