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

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search