Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp (Public Relations)
(973) 357-3347
Cytec Announces Price Increase
for Liquid Coating Resins and Additives in the Americas
Woodland Park, NJ – April 27, 2011 - Cytec Industries Inc.
(NYSE: CYT), and its affiliated companies, today announce to its
customers a selling price increase on Liquid Coating Resins and
Additives sold in the Americas. The increase will range from
$0.08/lb to $0.15/lb and will be effective for shipments on or
after May 23, 2011 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 and freight costs.
Corporate Profile
Cytec’s vision is to deliver specialty chemical and material
technologies beyond our customer’s 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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