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Contact:
Jodi Allen (Investor
Relations)
973-357-3283
Sherry Sutton (Public Relations)
973-357-3266
CYTEC TO ADJUST PRICING FOR
MINERAL PROCESSING AND SOLVENT EXTRACTION PRODUCTS
Increase in prices to take effect June 1, 2008.
West Paterson, NJ – May 1, 2008 - Cytec Industries Inc. (NYSE:
CYT) announced today the implementation of a global price
adjustment of 7 to 15 percent on all mining products used in
mineral processing and solvent extraction including AEROFROTH®
frothing agents, OREPREP® frothing agents, AEROPHINE® promoter,
SUPERFLOC® flocculants, AERODRI® surfactant, AEROFLOAT®
flotation reagents, AERO® promoter, ACORGA® extraction reagents
and CYANEX® solvent extraction reagents products. This
adjustment, effective June 1, 2008, is being implemented to
offset the increased costs of raw materials, energy and
transportation.
Corporate Profile
Cytec Industries Inc. is a global specialty chemicals and
materials company focused on developing, manufacturing and
selling value-added products. Our products serve a diverse range
of end markets including aerospace, adhesives, automotive and
industrial coatings, chemical intermediates, inks, mining and
plastics. We use our technology and application development
expertise to create chemical and material solutions that are
formulated to perform specific and important functions in the
finished products of our customers. .
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