OMNOVA Announces Price Increases For Specialty Chemicals
FAIRLAWN, OH – OMNOVA Solutions’ Specialty Chemicals business announced a price increase of $0.06 per dry pound for styrene butadiene emulsion polymers. The increase is effective March 14, 2011, for all specialty markets including coatings, tape and adhesives, nonwovens, and construction. The increase is necessitated by the continuing escalation of chemical feedstock costs, specifically styrene and butadiene monomers. Also effective March 14, OMNOVA is announcing a two percent price increase for Plioway® and Pliolite® acrylic copolymer dry resins, and a $0.03 to $0.05/lb. increase on Pliotec® acrylic and styrene acrylic lattices, depending on the grade.