FAIRLAWN, Ohio (March 20, 2008) — Omnova Solutions Inc.'s Specialty Chemicals business plans to increase prices by up to 4 cents per wet pound for acrylic, styrene acrylic, vinyl acrylic and vinyl acetate emulsion polymers.
The price hike is effective April 1 for all specialty markets and is in addition to increases announced previously.
The increase is necessitated by the continued escalation of the cost of energy, freight and key raw materials including styrene, vinyl acetate monomer and acrylic monomers, Omnova said.