FAIRLAWN, OHIO – OMNOVA Solutions’ Specialty Ingredients business today announced prices increases of up to $0.04 per wet pound on vinyl acetate and vinyl acrylic-based emulsion polymers. This increase is effective August 1, 2014 for all global specialty markets. This action is necessitated by a global supply shortage of key raw materials and is in addition to all previously announced increases.
OMNOVA Solutions Inc. is a technology-based company with sales of $1.0 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.