CLEVELAND, Dec. 11 /PRNewswire-FirstCall/ -- Noveon Kalama announced that
due to increased toluene costs, coupled with elevated energy costs, it has
increased prices on its products as follows: Benzoic Acid increased by
$.04 per pound; Benzaldehyde, all grades, increased by $.05 per pound; Benzyl
Alcohol, all grades, increased by $.05 per pound; K-Flex plasticizers
increased by $.05 per pound and Sodium and Potassium Benzoates increased by
$.03 per pound. Increases were effective as of December 10, 2003, or as
pre-existing contracts allow.
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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 2002 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 the Company'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 express 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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http://www.noveoninc.com
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CONTACT:
Investor Relations & Media, Sean Stack of
Noveon, Inc., +1-216-447-6494
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