BEACHWOOD, Ohio—Omnova Solutions Inc. will increase the price of nitrile elastomers, styrene-acrylic polymers, styrene-butadiene latex products and acrylic polymers beginning Feb. 1 or as contracts allow.
The new costs, which represent a 5 percent increase for nitrile elastomers and 10 percent for the others, are necessary as the cost of manufacturing has risen, Omnova said. The increases affect both domestic and overseas clients.
Omnova is a global supplier of emulsion polymers, specialty chemicals and surfaces products serving the commercial, industrial and residential markets. The company reported sales $773 million for the fiscal year ending Aug. 31.
Additional information is available online at www.omnova.com.