Omnova to raise nitrile elastomer prices in February
15 Jan 2017
Share:
Beachwood, Ohio – Omnova Solutions Inc. will increase the price of nitrile elastomers, styrene-acrylic polymers, styrene-butadiene latex products and acrylic polymers beginning February or as contracts allow.
The new costs, which represent a 5% increase for nitrile elastomers and 10% for the others, are necessary as the cost of manufacturing has risen, Omnova said. The increases affect both domestic and overseas clients.
Omnova is a global supplier of emulsion polymers, specialty chemicals and surfaces products serving the commercial, industrial and residential markets. The company reported sales $773 million (€729 million) for the fiscal year ending 31 Aug.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox