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Jodi Allen (Investor Relations)
(973) 357-3283
Jasmin Bisch
(Marketing Communications)
+32.2.560.46.56
Cytec Announces
Price Increase for Polymer Additives Products
Brussels - September 26, 2011 – Cytec Industries Inc.
(NYSE:CYT), and its affiliated companies, today announced to its
customers a global selling price increase on its UV light
stabilizer, antioxidant and antistatic agent product lines.
The price increase will be up to 14%, depending on the product,
and take effect on November 1st 2011, or as contracts allow.
This price increase is due to the sustained pressure on raw
materials, energy and transportation costs.
Cytec is committed to servicing and delivering value to its
customers. In 2011, the company invested in production capacity
expansions and will continue to launch several innovative
solutions, offering significant cost performance benefits to the
most demanding polymers stabilization applications like
Agricultural Films, Automotive, Coating, Rotomolding and Solar
Cells.
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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