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+1.973.357.3283
Jasmin Bisch (Marketing Communications)
+32.2.560.46.56
Cytec Announces Price Increases
in Europe, the Middle East and Africa for Waterborne Epoxy
Resins, Waterborne Acrylic Resins, CED Resins and Selected
Additives
Brussels - March 19th, 2012 - Cytec Industries Inc. (NYSE:CYT),
and its affiliated companies, announced today to its customers a
price increase for its waterborne resins and additives sold in
Europe, the Middle East and Africa.
The price increase will be applicable on all shipments as of
April 15th, 2012, or as contracts allow. This price increase
will range from 5% to 7% depending on the product family.
This adjustment is in addition to any previously applied price
increases.
Cytec remains committed to servicing and delivering value to its
customers. However, this price increase is necessary to
compensate for the continued escalation of raw material costs.
Corporate Profile
Cytec’s vision is to deliver 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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