Omnova Daikin Sign Fluorocarbon Alliance Agreement

Omnova Solutions, Fairlawn, Ohio, and Japan-based Daikin Industries have signed an agreement
whereby the two companies will jointly develop and commercialize surface-modification and
surfactant application fluorochemical products. Initially, developments will be based on Omnovas
PolyFox fluoropolymer technology.Through this alliance, we intend to develop a wide range of highly
effective, environmentally friendly fluorosurfactants and coatings modifiers to provide the
performance that the market is seeking, said Kevin McMullen, chairman and CEO, Omnova.PolyFox
fluoropolymers utilize a fluorinated oxetane platform technology. The technology provides
structures that enhance properties such as stain resistance, surface flow, leveling and wetting.

September 2001