FAIRLAWN, Ohio (July 27, 2009)—Omnova Solutions Inc.'s Specialty Chemicals business will increase prices by 12 cents per dry pound for its GenFlo-, GenCeal-, OMNABOND-, GenCryl- and GenCal-brand styrene butadiene-based emulsion polymers.
The price hike will be effective Aug. 1 for all specialty markets, including coatings, tape and adhesives, nonwovens and construction, and is in addition to previously announced increases, the Fairlawn-based company said.
The move is necessary to offset the rapid escalation in butadiene and styrene petrochemical feedstocks, Omnova said.