Fairlawn, Ohio– Omnova Solutions recently announced a price increase of $0.12 per dry pound on styrene butadiene (SB) latex for carpet and related markets, effective February 18, 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 Inc. is a technology-based company with pro forma sales for the twelve months ending August 31, 2011 of $1.2 billion and a global workforce of approximately 2,700. 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.