OMNOVA announces price increases in textile chemicals
12 Jan '10
1 min read
OMNOVA Solutions' Textile Chemicals business announced a price increase of up to $0.05 per wet pound for acrylic, styrene acrylic, vinyl acrylic, and vinyl acetate emulsion polymers. Also announced are price increases of up to $0.03 per wet pound for Permafresh resins.
These increases are effective January 21, 2010 for all textile markets. This announcement is necessitated by the escalation in the costs of key raw materials including acrylic monomers, styrene and glyoxal.
OMNOVA Solutions Inc. is a technology-based company with 2008 sales of $869 million and a current workforce of 2,350 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.