Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp
(Public Relations)
(973) 357-3347
Cytec Announces
Price Increase for CYMEL®, CYREZ®, MELMAC®,
BECKAMINE® and UFORMITE® Aminoplast Resins
in the Americas
Woodland Park, NJ – August 24, 2010 - Cytec Industries Inc.
(NYSE: CYT), and its affiliated companies, today announce a
selling price increase on CYMEL, CYREZ , MELMAC, BECKAMINE and
UFORMITE aminoplast resins sold in the Americas. The increase
will be $0.10/lb and will be effective for shipments on or after
September 15, 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 and freight costs.
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. 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.
Back to All Press Releases
|