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Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp
(Public Relations)
(973) 357-3347
Cytec Announces
Price Increase on all Energy Curable Monomers, Oligomers, and
VANCRYL® Acrylic Resins, Solutions and Emulsions
Woodland Park, NJ – January 11, 2011 - Cytec Industries Inc.
(NYSE: CYT), and its affiliated companies, today announce a
selling price increase on all energy curable monomers, oligomers
and VANCRYL® acrylic resins, solutions and emulsions sold in the
Americas. The price increase will range from 3% - 27% depending
on product family. Included in this increase are: Acrylated
Monomers, Epoxy Acrylated Oligomers, Urethane,Acrylated
Oligomers, all other Oligomers, and VANCRYL® acrylic
resins.
These increases will be effective for shipments on or after
February 1, 2011 or as contracts allow.
Cytec is committed to servicing and delivering value to its
customers, however this price increase is necessary to
compensate for the increase in raw material costs.
Corporate Profile
Cytec’s vision is to deliver specialty chemical and
material technologies beyond our customer’s imagination. Our
focus on innovation, advanced technology and application
expertise enables us to develop, manufacture and sell products
that change the way our customers do business. These pioneering
products perform specific and important functions for our
customers, enabling them to offer innovative solutions to the
industries that they serve. Our products serve a diverse range
of end markets including aerospace composites, structural
adhesives, automotive and industrial coatings, chemical
intermediates, electronics, inks, mining and plastics.
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