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OMNOVA Solutions Announces Surcharge for Specialty Chemicals Containing Butadiene

OMNOVA Solutions’ Specialty Chemicals business has announced a surcharge on styrene butadiene based polymers, beginning April 1, 2008, for all specialty chemical markets, including coatings, tape & adhesives, nonwovens, floor care and construction.


The surcharge in response to dramatic increases in the cost of butadiene from the company’s suppliers, due to shortages of a key butadiene feedstock. The shortages are affecting all butadiene users in the United States, particularly large-volume manufacturers who produce styrene butadiene rubber.    


The surcharge will vary monthly depending on market conditions.  For April 2008, the amount of the surcharge will be $0.02 per dry pound.  The surcharge is in addition to previously announced product price increases for these markets. The surcharge will remain in effect until the butadiene market regains stability. 

For more information, visit www.omnova.com.

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