Butadiene Surcharges Announced

OMNOVA Solutions’ Specialty Chemicals business has announced a surcharge on styrene butadiene based polymers, beginning today, for coatings, tape & adhesives, nonwovens, and more. 

The surcharge comes in response to increased butadiene costs from 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.    

How is this affecting your business? Are you being forced to raise prices in response to the increased cost? When will the butadiene market settle down, or do you expect this to be an ongoing trend? Please leave a comment below and let us know.