FAIRLAWN, Ohio (March 2, 2012)—Omnova Solutions' Specialty Chemicals business will increase prices between 4 and 20 cents a pound effective March 15 to compensate for the continuing escalation in the cost of key raw materials.
Omnova boosted prices 4 cents per wet pound for all acrylic, styrene acrylic, vinyl acrylic and vinyl acetate emulsion polymers. Materials going up 15 cents a dry pound are all styrene butadiene emulsion polymers produced in the U.S. In addition, all vinyl pyridine latex products made in the U.S. will increase 20 cents a dry pound.
The company said the price hikes are for all specialty markets, including coatings, tire cord, tapes and adhesives, floor care, graphic arts, nonwovens, textiles, construction and oilfield chemicals.