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Cytec Joins IMAST Research
Consortium
Will Collaborate with Customers and Academia to Advance
Composite Material Technology
Woodland Park, New Jersey, April 29, 2011 – Cytec Industries
Inc. (NYSE:CYT) announced today that its Engineered Materials
business has joined IMAST, a Technology cluster located in
Italy. IMAST enables collaboration between researchers and
engineers of member companies and universities to develop
polymer and composite material solutions. Through participation,
Cytec will help direct innovation and advance industry knowledge
of composite materials and processes.
The goal of IMAST is to enhance the research capabilities and
competitiveness of Campania and southern Italy. By teaming with
global corporations and academic institutions IMAST develops
novel technologies and local talent and expertise in the area of
advanced materials. Professor Gino Nicolais, President of IMAST
said, ‘’ Cytec's entry into the structure is an important
international recognition for IMAST and strengthens the system
by completing the composites value chain.’’
Participation in the consortium supports Cytec’s innovation and
growth strategies. “Cytec’s decision to join IMAST highlights
our desire to partner with top technology providers around the
world to drive innovation,” said Carmelo Lo Faro, Engineered
Materials Vice President of Technology. “IMAST represents an
excellent example of collaboration between industry and research
institutions and our participation will support our technology
and talent acquisition roadmaps.”
As a full member of this consortium Cytec will help direct
collaborative projects related to product development and
applications engineering research focused on advanced composites
materials and structures. IMAST has many members across industry
and academia including The Boeing Company, Alenia Aeronautica ,
MBDA, the Fiat Research Centre and the University of Naples.
Additional information about IMAST is available at
www.imast.biz.
About Cytec Engineered Materials
Cytec Engineered Materials is a global provider of
technologically advanced materials that make it possible for
designers and engineers for aerospace, high-performance
industrial and other extreme-demand environments to anticipate
their time, performance and quality requirements. Cytec
Engineered Materials is headquartered in Tempe, Ariz., U.S.A and
has operations, R&D and technical service facilities throughout
Europe, the Americas and Asia.
Corporate Profile
Cytec’s vision is to deliver specialty chemical and material
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. Our 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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