CLEVELAND, April 8 /PRNewswire/ -- Noveon, Inc. has announced that it has
increased off-list prices an average of $.04/wet pound for all North American
Paper, Printing & Packaging, and Paint and Coatings emulsion products. This
increase includes the following product lines: Hycar(R), Carboset(R),
Carbobond(R), Carbotac(R), and Hystretch(R) acrylic and styrene-acrylic
emulsions; Vycar(R) PVC, Permax(R) PUD and Good-rite(R) SB emulsions. In
addition, Noveon has announced that it has increased both the list and off-list
prices for Algan(R) oleoresinous overprint varnishes by $.04 / wet pound. All
increases will be effective April 20, 2004 or as contracts allow.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010523/CLW011LOGO-b )
These increases are being driven by higher costs for energy and raw
materials.
Noveon is a leading global producer and marketer of technologically advanced
specialty chemicals for a broad range of consumer and industrial applications
with revenues in 2003 of $1.1 billion. Noveon is headquartered in Cleveland,
Ohio, with regional centers in Brussels, Belgium, and Hong Kong.
This release contains forward-looking statements that relate to future
events or performance. These statements reflect Noveon's current expectations,
and the Company does not undertake to update or revise these forward-looking
statements, even if experience or future changes make it clear that any
projected results expressed or implied in this or other Company statements will
not be realized. Furthermore, investors are cautioned that these statements
involve risks and uncertainties, many of which are beyond the Company's control,
which could cause actual results to differ materially from the forward-looking
statements. Further information about these risks can be found in the Company's
filings with the Securities and Exchange Commission.
Investors are cautioned not to place undue reliance on any forward-looking
statements contained herein, which speak only as of the date hereof. The
Company undertakes no obligation to publicly release the result of any revisions
to these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE Noveon, Inc.
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Related links:
http://www.noveoninc.com
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Company News On-Call:
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CONTACT:
Investor Relations & Media, Sean Stack of
Noveon, Inc., +1-216-447-6494
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