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OMNOVA Solutions, BASF and Momentive Specialty Chemicals Announce Increase in Product Price

Published on 2011-02-04. Author : SpecialChem

The Leading Companies OMNOVA Solutions, BASF and Momentive Specialty Chemicals have decided to increase the price of some of their products, as listed in the table below. This price increase is necessary to support continued investment in reliable supply.

Country

Company

Product Name

Price Increase

Date

- OMNOVA Solutions Styrene Butadiene (SB) Latex $0.06 per Dry Pound February 28, 2011
Europe BASF MDI, TDI and Polyols 250 Euro per metric ton With immediate effect
Europe Momentive Specialty Chemicals Inc. Novolak Powders 25% immediately
Europe Momentive Specialty Chemicals Inc. Phenolic Moulding Compounds 10% immediately
Europe Momentive Specialty Chemicals Inc. Resols 20% immediately

This action is driven by the increase of raw materials, packaging and freight costs.

Sources: Specialchem Editorial Team
Taken from OMNOVA Solutions, BASF and Momentive Specialty Chemicals


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