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Cytec Announces Price Increases on its Powder Coating Resins Product Range in Europe, Middle East and Africa

Brussels, May, 7th 2010 - Cytec Industries Inc. (NYSE:CYT), and its affiliated companies, announced today to its customers a price increase for its entire range of Powder Coating Resins and Additives sold in Europe, Middle East and Africa.

The price of all products in the range will be increased by 0.10 EUR/kg for shipments from Europe and by 0.15 USD/kg for shipments from Asia.

The adjustment is on top of any previously applied price increases and will be effective for all shipments as of June 1, 2010 or as contract terms permit. Cytec is committed to servicing and delivering value to its customers, however a price increase is necessary to compensate for the increase in raw material costs.


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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