Omnova Solutions Restructures Business Segment
Fairlawn, OH, June 25, 2013 -- Omnova Solutions announced a new business group management structure within its Performance Chemicals segment.
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In addition, the company's Paper and Carpet business has been renamed Performance Materials, and will continue to be led by Robin McCann. The global business will be more broadly focused on higher growth packaging and specialty paper applications.
As part of the new structure, Specialty Chemicals will include three globally-managed business groups that represent high growth market opportunities. The three business groups are Oilfield Solutions, Coating Specialties and Specialty Ingredients.
Coating Specialties, led by Rick Sandford, will continue to develop products for the home and personal care market, such as floorcare polymers and opacifiers used in soaps and cosmetics.