Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp (Marketing Communications)
(973) 357-3347
Cytec Announces Price Increase
on Amino Resins in the Americas
Woodland Park, NJ – March 8, 2012 - Cytec Industries Inc. (NYSE:
CYT) and its affiliated companies announced to its customers a
selling price increase on its CYMEL® amino resins
sold in North America and Latin America. The increase will be up
to US$0.10/lb for high solid mixed ether amino resins and
US$0.12/lb for conventional butylated amino resins. It will be
effective for shipments on or after 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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