Press Releases
Cytec
Square Marie Curie 11
B-1070 Brussels, Belgium
Contacts:
Jodi Allen (Investor Relations)
+1.973.357.3283
Jasmin Bisch (Marketing Communications)
+32.2.560.46.56
Cytec
Announces Price Increases on its Powder Coating Resins Product
Range
in Europe, the Middle East and Africa
Brussels, September
25, 2012 - 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, the Middle East and Africa.
The price of all products in the range will be increased by 0.08
to 0.10 EUR/kg for shipments from Europe and by 0.10 to 0.13
USD/kg for shipments from Asia.
The adjustment will be effective for all shipments as of October
1, 2012 or as contract terms permit and is in addition to any
previously announced price adjustment. 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’s vision is to 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,
electronics, inks, mining and plastics.
©2012 Cytec Industries Inc. All Rights Reserved.
Back to All Press Releases
|