OMNOVA Solutions' Specialty Chemicals business announced a price increase of $0.04 per wet pound for all acrylic, styrene acrylic and vinyl acrylic emulsion polymers. The increase is effective April 15, 2010 for all specialty markets including coatings, tape & adhesives, floor care, graphic arts, nonwovens, textiles and construction.
This increase is necessitated by the continuing escalation in the costs of key raw materials, primarily acrylic monomers, and is in addition to previously announced increases.
OMNOVA Solutions Inc. is a technology-based company with 2009 sales of $696 million and a current workforce of 2,300 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.