Omnova Solutions to hike prices by US$0.10/wet lb. on SunKote lubricants, Sequarez and Sunrez insolubilizers sold into its North American paper and paperboard markets

Liling Tan

FAIRLAWN, Ohio , August 29, 2011 (press release) – OMNOVA Solutions today announced price increases of up to $0.10/wet pound on all SunKote® lubricants and Sequarez® and Sunrez® insolubilizers sold into the North American paper and paperboard markets. These increases will be implemented on all list and off-list prices, effective September 15, 2011, and are necessitated by escalations in the costs of key feedstocks.

OMNOVA Solutions is a technology-based company with pro forma sales for the twelve months ending May 31, 2011 of $1.2 billion and a global workforce of approximately 2,800. 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.

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