OMNOVA announces price increase for carpet chemicals
Fairlawn, Ohio – OMNOVA Solutions today announced a price increase of $0.06 per dry pound on styrene butadiene (SB) latex for carpet and related markets, effective March 5, 2012. This increase is driven by the escalation in raw material costs utilized to manufacture SB latex products and is in addition to previously announced increases.
OMNOVA Solutions is a technology-based company with 2011 pro forma sales of $1.2 billion and a global workforce of approximately 2,300. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses. Visit OMNOVA Solutions on the internet at www.omnova.com.