Press Releases
Contact:
David Drillock (Investor Relations)
+1 (973) 357-3249
Ivy Liew (Marketing Communications – Asia Pacific)
+603 7861-3113
Price Increase of CRYLCOAT™
Polyester Powder Resins in Asia Pacific
Shanghai, China, March 24th 2010 - Cytec Industries Inc.
(NYSE:CYT) announced that the selling price of its CRYLCOAT™
polyester powder resins in Asia Pacific will increase by another
US$0.15 cents/kg as of 1st April 2010 or as contract terms
permit. This second price adjustment within the last two months
is required to offset the drastic cost increase of key raw
materials.
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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