Omnova Solutions Raising Prices May 14

Fairlawn, OH, May 4, 2011 -- Omnova Solutions said it will implement a price increase of $0.10 per dry pound for all styrene butadiene emulsion polymers and up to $0.04 per wet pound for all acrylic, styrene acrylic, vinyl acrylic, and vinyl acetate emulsion polymers.

In addition, all vinyl pyridine latex products produced in the U.S. will increase by $0.14 per dry pound, and Pliolite and Plioway powdered resins will increase by 3%.

The increases are effective May 14 for all specialty markets. The company cited the rising price of raw materials as the reason for the increase.