Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Tara Tepp
(Public Relations)
(973) 357-3347
Cytec Announces
Price Increase for Acrylic Resins and Additives in North America
Woodland Park, NJ – October 15, 2010 - Cytec Industries Inc.
(NYSE: CYT), and its affiliated companies, today announce a
selling price increase on acrylic resins and additives sold in
North America. For VIACRYL®, MACRYNAL®, and UCECRYL® acrylic
resins, the increase will be up to $0.14/lb, depending on grade.
For MODAFLOW® and PC Defoamer additives, the increase will up to
5% depending on grade. These increases will be effective for
shipments as of November 1, 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 costs.
Corporate Profile
Cytec’s vision is to deliver specialty chemical and material
technologies beyond our customer’s 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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