OMNOVA Solutions to increase prices for all styrene butadiene latex products by up to $0.05/wet pound across America, effective Aug. 1

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OMNOVA Solutions to increase prices for all styrene butadiene latex products by up to $0.05/wet pound across America, effective Aug. 1

July 08, 2015 - 18:27
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BEACHWOOD, OH, July 8, 2015 (PRNewswire) -In a continuing effort to build a more sustainable business, OMNOVA Solutions today announced a price increase of up to $0.05/wet lb. ($0.10/dry lb.) on all styrene butadiene latex products to all served markets in the Americas. This increase is effective August 1, 2015 or as contracts allow, and is in addition to previously announced increases.

"OMNOVA remains committed to ongoing investment in innovative solutions that create value and provide best-in-class customer care and technical support. We must ensure acceptable returns from our business to enable reinvestment to support the ever-changing needs of our customers," said Frank Nataro, Director of Sales, Americas, for OMNOVA's Performance Chemicals business.

OMNOVA Solutions Inc. is a technology-based company with 2014 sales of $1.0 billion and a global workforce of approximately 2,300. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and functional and decorative surfaces for a variety of commercial, industrial and residential end uses.