Press Releases

Contact:
Jodi Allen (Investor Relations)
(973) 357-3283

Tara Tepp (Marketing Communications)
(973) 357-3347


Cytec Announces Price Increase for Powder Coating Resins in The Americas

Woodland Park, NJ – January 31, 2011 - Cytec Industries Inc. (NYSE: CYT), and its affiliated companies, today announce to its customers a selling price increase on all powder coating resins (CRYLCOAT® powder resins, ADDITOL® powder resins additives, MODAFLOW® additives and resins and UVECOAT® powder resins) sold in North America and Latin America. The increase will be US$0.12/lb and will be effective for shipments on or after February 15, 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.


 

Back to All Press Releases