Omnova Solutions Raising Prices Effective May 8

Fairlawn, OH, May 5, 2008--Omnova Solutions' Specialty Chemicals business will increase prices up to $0.06 per wet pound for acrylic, styrene acrylic, vinyl acrylic and vinyl acetate emulsion polymers effective May 8 for all specialty markets and is in addition to increases announced earlier this year.

The company said the increase is necessary because of escalation of its costs for energy, freight and key raw materials.

“Despite previously announced price increases, we have been unable to keep pace with the hyperinflation of these costs," said Frank Nataro, business director.

"Our margins have declined to levels that are unacceptable."