Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp (Public Relations)
(973) 357-3347
Cytec Announces Price Increase
on Specialty Coating Resins Waterborne and Additives in the
Americas
Woodland Park, NJ – March 5, 2012 - Cytec Industries Inc. (NYSE:
CYT), and its affiliated companies, announce a selling price
increase on a range of Specialty Coating Resins and Additives in
the Americas. The announced changes are necessary to offset
increasing costs of raw materials and feed stocks. The increase
will range from 6% - 12% depending on product family. Included
in the increase are: ADDITOL® coating additives,
BECKOPOXTM waterborne epoxy dispersions, CYCAT®
catalysts, CYDROTHANE® polyurethane dispersions,
DAOTANTM polyurethane dispersions , DUROXYNTM waterborne
epoxy-ester dispersions, MACRYNAL® waterborne
dispersions, MODAFLOW® coating additives, MULTIFLOW®
coating additives, PC DEFOAMER additives, RESYDROL®
waterborne alkyd emulsions, UCECRYL® waterborne alkyd
emulsions, and VIACRYL® waterborne acrylic resins and
emulsions.
These increases will be effective for shipments as of April 1,
2012 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 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.
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