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Mandarin Translation
Cytec Announces Price Increases on Amino Resins in Asia
Pacific
West Paterson, NJ, October 12, 2007 Cytec Industries Inc. (NYSE:CYT)
announced today to its customers that it is increasing prices of
CYREZ™, CYMEL™ and MYCOAT™ amino crosslinking resins in Asia
Pacific. The increases will take effect on all shipments on or
after November 1, 2007, or as contracts allow.
These increases will apply as follows:
• 26 US cents/kg for Hexamethoxymethylmelamine (HMMM)
• 28 US cents/kg for High Solids Methylated Melamine
• 23 US cents/kg for Conventional Butylated Melamine
• 29 US cents/kg for Conventional Benzoguanamine
• 66 US cents/kg for High Solids Benzoguanamine
• 23 US cents/kg for Conventional Urea
• 23 US cents/kg for High Solids Urea
• 18 US cents/kg for Conventional Glycoluril
• 33 US cents/kg for High Solids Glycoluril
• 35 US cents/kg for Mixed Etherified Melamine
The company has been limiting and postponing these price
increases as much as possible but these adjustments are now
necessary due to the significant increases in raw materials,
energy and transport costs. Cytec remains committed to
serve its customers and puts every effort into delivering the
most advanced materials at the best possible value.
Corporate Profile
Cytec Industries Inc. is a global specialty chemicals and
materials company focused on developing, manufacturing and
selling value-added products. Our products serve a diverse range
of end markets including aerospace, adhesives, automotive and
industrial coatings, chemical intermediates, inks, mining and
plastics. We use our technology and application development
expertise to create chemical and material solutions that are
formulated to perform specific and important functions in the
finished products of our customers.
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