Home / Knowledge / News / Textiles / OMNOVA announces surcharge for specialty chemicals containing butadiene
OMNOVA announces surcharge for specialty chemicals containing butadiene
01
Apr '08
OMNOVA Solutions' Specialty Chemicals business announced a surcharge on styrene butadiene based polymers beginning April 1, 2008, for all specialty chemical markets including coatings, tape & adhesives, nonwovens, floor care and construction.

The surcharge will vary monthly depending on market conditions. For April 2008, the amount of the surcharge will be $0.02 per dry pound. The surcharge is in addition to previously announced product price increases for these markets.

OMNOVA is initiating the surcharge in response to dramatic increases in the cost of butadiene from the Company's suppliers due to shortages of a key butadiene feedstock. The shortages are affecting all butadiene users in the U.S., particularly large volume manufacturers who produce styrene butadiene rubber. The surcharge will remain in effect until the butadiene market regains stability.

OMNOVA Solutions Inc. is a technology-based company with 2007 sales of approximately $746 million and a current workforce of 2,810 employees worldwide. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses.

OMNOVA Solutions Inc


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X