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David Drillock (Investor Relations)
+1 (973) 357-3249
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, March 4, 2010 - Cytec Industries Inc. (NYSE:CYT)
announced today to its customers a general price increase for
its entire range of Powder Coating Resins and Additives in
Europe, Middle East and Africa, for all shipments on or after
March 15th, 2010 or as contract terms permit.
All products in the range will be increased by 0.20 EUR/kg for
shipments from Europe and by 0.30 USD/kg for shipments from
Asia. These increases are driven by the continued escalation in
the key raw materials for Powder Coating Resins.
Cytec remains committed to the growing Powder Coatings industry
and continues to support and invest in world class global
operations. Cytec sales representatives will contact their
customers with specific details on this price increase.
Corporate Profile
Cytec Industries Inc. delivers 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, chemical
intermediates, electronics, inks, mining and plastics.
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