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Profile: OMNOVA Solutions Inc (OMN.N)

OMN.N on New York Stock Exchange

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22 Jul 2016
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OMNOVA Solutions Inc. (OMNOVA), incorporated on May 29, 1998, is a provider of emulsion polymers, specialty chemicals and engineered surfaces for commercial, industrial and residential end uses. The Company operates in two segments: Performance Chemicals and Engineered Surfaces. OMNOVA Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based primarily on styrene butadiene (SB), styrene butadiene acrylonitrile (SBA), styrene butadiene vinyl pyridine, nitrile butadiene (NBR), polyvinyl acetate, acrylic, styrene acrylic, vinyl acrylic, glyoxal, fluorochemical and bio-based chemistries. It operates production facilities in the United States, Europe, China and India.

Performance Chemicals

The Company's Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based primarily on styrene butadiene (SB), styrene butadiene acrylonitrile (SBA), styrene butadiene vinyl pyridine, nitrile butadiene (NBR), polyvinyl acetate, acrylic, styrene acrylic, vinyl acrylic, glyoxal, fluorochemical and bio-based chemistries. It operates production facilities in the United States, Europe, China and India. Its custom-formulated products include latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants and elastomeric modifiers, which are used in oil and gas drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic latex gloves and various other specialty applications.

The Company's Performance Chemicals segment consists of two product lines: Performance Materials and Specialty Chemicals. The Performance Materials product line includes products that have applications in the paper, paperboard, carpet and tire cord industries. Its paper and paperboard coatings are used in magazines, catalogs, direct mail advertising, brochures, printed reports, food cartons, household, and other consumer and industrial packaging. Its carpet binders are used to secure carpet fibers to carpet backing and meet the stringent manufacturing, environmental, odor and installation requirements. The Company's tire cord is used in automotive tires. The Company's Performance Materials are offered under various brands, such as SUNREZ, OMNAREZ, SUNKOTE, SEQUALFLOW, SUNKEM, GENCRYL, SUNSIZE, ECOKOTE, ACCUKOTE, LYTRON, HPP, REACTOPAQUE, GENFLO, GENCRYL PT, OMNAGLIDE, SEQUAREZ, GENTAC, PLIOCORD, OMNATUF, OMNABLOC, GENCAL, NOVAGREEN and LYTRON.

OMNOVA is a supplier of polymers, waterborne and solvent borne dispersions, elastomers, and other specialty chemicals for a range of product categories. Applications for its specialty polymers and chemicals include specialty coatings; non-wovens (such as disposable hygiene products, engine filters, roofing mat, scrub pads); construction; oil and gas drilling and recovery; adhesives; tape; floor care; textiles; graphic arts; home and personal care, and various other specialty applications. The Company's Specialty Chemicals are offered under various brands, such as PERMALOFT, OMNABOND, SUNSIZE, GENFLO, GENCRYL, OMNAPEL, SEQUABOND, SUNCRYL, ACRYGEN, SUNBOND, SEDGERES, PRYM, SEDGEQUEST, SEDGELEV, SEDGESPERSE, SEDGESAV, SEQUAWET, SEQUACLEAN, WARCOSET, WARCO and SEQUASOFT.

The Company competes with Trinseo, BASF, Lanxess, Lubrizol, Wacker, Celanese, Dow, Arkema, Synthomer, Kumho, LG Chem, Addivant, Interpolymer, Rashig, Croslene, Yatai and Jubilant.

Engineered Surfaces

The Company's Engineered Surfaces segment develops, designs, produces and markets a line of functional and decorative surfacing products, including coated fabrics, vinyl, paper and specialty laminates, and performance films. These products are used in various applications, including commercial building refurbishment; new construction; residential cabinets; flooring; ceiling tile; retail displays; food service tables and fixtures, office furniture, healthcare furniture and equipment and other furnishings; transportation markets, including bus, mass transit, marine, automotive and motorcycle original equipment manufacturer (OEM) seating; recreational vehicles; manufactured housing and products, and a range of performance film applications. Its Engineered Surfaces segment includes two product lines: Coated Fabrics, and Laminates and Performance Films.

OMNOVA is a North American and Asian supplier of vinyl and urethane coated fabrics for transportation, marine, commercial, residential and health care applications. Applications for its coated fabrics include transportation seating (automotive OEM, bus and other mass transit, marine and motorcycle), automotive aftermarket applications, contract and health care furniture, residential applications, and stadium, arena seating and healthcare equipment. It is a supplier of vinyl, paper, specialty laminates and performance films. Its laminates are used as alternatives to wood, paint, stone, stainless steel, high pressure laminates, and thermally fused laminates. It offers customers a range of designs and textures, as well as coating technology. Applications for its laminates include kitchen and bath cabinets, manufactured housing and recreational vehicle interiors, flooring, commercial and residential furniture, retail display fixtures, home furnishings, consumer appliances, bath and spa surrounds, food service tables, chairs, wall and surfacing protection and architectural accents. Performance films applications include luxury vinyl tile (LVT), awnings, tents, flooring, promotional graphics, medical products, movie screens, decking, ceiling tile and shower pan liners.

The Company competes with Morbern, Beneke, Uniroyal, Spradling International, Wilsonart, Toppan Printing, Renolit Corporation, LG Chemical America, PolyOne Corporation and I2M.

Company Address

OMNOVA Solutions Inc

25435 Harvard Rd
BEACHWOOD   OH   44122-6201
P: +1216.6827000

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