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Jodi Allen (Investor Relations)
(973) 357-3283
Jasmin Bisch
(Marketing Communications)
+32.2.560.46.56
Cytec Announces
Price Increases on its UV/EB Curable Resins Product Range in
Europe, Middle East and Africa
Brussels - August 9, 2010 - Cytec Industries Inc. (NYSE:CYT),
and its affiliated companies, announced today to its customers
the implementation of a price increase for the following UV/EB
Curable Resins sold in Europe, Middle East and Africa:
•
Monomers
• Oligomers
• Epoxy Acrylates
The price increase
will be applicable on all shipments as of September 1st, 2010,
or as contracts allow. It will range for most resins from 5% to
10%.
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 transportation
costs.
Corporate Profile
Cytec’s vision is to deliver 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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