Omnova Raises Carpet Chemicals Prices

Omnova today raised its styrene butadiene latex price by 6 cts/lb. The increase, which will take effect on July 20, will primarily impact the carpet market, the company says. Omnova cited rising raw materials costs as the reason for the price hike. U.S. spot styrene prices stood at about 41-42 cts/lb f.o.b. and U.S. spot butadiene was at 24-25 cts/lb f.o.b., according to CW's most recent price...

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