OMNOVA's plants in Mogadore and Akron, Ohio are part of the Company's global network of manufacturing facilities and partner relationships, offering ample capacity for growth in SB latex and other specialty chemicals. OMNOVA has chemical plants in Green Bay, Wisconsin; Calhoun, Georgia; Chester, South Carolina; Fitchburg, Massachusetts; Caojing and Ningbo, China; Le Havre, France; and Valia, India. The Caojing plant is nearing completion of an expansion that will give the Company increased capabilities to produce a wider range of SB emulsion polymer solutions for the fast-growing Asian markets.This press release includes descriptions of OMNOVA's current business, operations, assets and other matters affecting the Company as well as "forward-looking statements" as defined by federal securities laws. All forward-looking statements by the Company including verbal statements are intended to qualify for the protections afforded forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectation, judgment, belief, assumption, estimate or forecast about future events, circumstances or results and may address business conditions and prospects, strategy, capital structure, sales, profits, earnings, markets, products, technology, operations, customers, raw materials, claims and litigations, financial condition, and accounting policies among other matters. Words such as, but not limited to, "will," "may," "should," "projects," "forecasts," "seeks," "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "optimistic," "likely," "would," "could," and similar expressions or phrases identify forward-looking statements.
OMNOVA Solutions Announces It Will Repurpose SB Latex Capacity At Its Mogadore, Ohio Performance Chemicals Plant And Save Approximately $4 Million Per Year
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.