FAIRLAWN, OH, Aug. 24, 2011 (Press Release) -OMNOVA Solutions today announced price increases of up to $0.10/wet pound on all SunKote lubricants and Sequarez and Sunrez insolubilizers sold into the North American paper and paperboard markets. These increases will be implemented on all list and off-list prices, effective September 15, 2011, and are necessitated by escalations in the costs of key feedstocks.
OMNOVA Solutions is a technology-based company with pro forma sales for the twelve months ending May 31, 2011 of $1.2 billion and a global workforce of approximately 2,800. 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.