Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Jasmin Bisch (Marketing Communications)
+32.2.560.46.56
Cytec Announces Price Increases
on its Powder Coating Resins Product Range in Europe, Middle
East and Africa
Brussels, February 6, 2012 - Cytec Industries Inc. (NYSE:CYT),
and its affiliated companies, announced today to its customers a
price increase for its entire range of Powder Coating Resins and
Additives sold in Europe, Middle East and Africa.
The price of all products in the range will be increased by 0.12
to 0.15 EUR/kg for shipments from Europe and by 0.15 to 0.20
USD/kg for shipments from Asia.
The adjustment will be effective for all shipments as of
February 15, 2012 or as contract terms permit. Cytec is
committed to servicing and delivering value to its customers,
however a price increase is necessary to compensate for the
increase in raw material costs.
Corporate Profile
Cytec’s vision is to deliver specialty chemicals and materials
technologies beyond our customers’ 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, electronics, inks, mining
and plastics.
Back to All Press Releases
|