Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp (Public Relations)
(973) 357-3347
Cytec Announces Price Increase
for Powder Coating Resins in the North America
Woodland Park, NJ – June 10, 2010 - Cytec Industries Inc. (NYSE:
CYT), and its affiliated companies, today announce a selling
price increase on all powder coating resins (Crylcoat®;
Additol®, Modaflow® and Uvecoat®)
sold in North America. The increase will be US$0.06/lb and will
be effective for shipments on or after July 1, 2010 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 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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