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Cytec and IMCD Group Partner to Optimize Distribution of Polymer Additives in Europe

Brussels, November 1st, 2010 - IMCD Group B.V. has reached an agreement with Cytec (NYSE:CYT) to act as a distributor of Cytec’s Polymer Additives product range. IMCD will be servicing select Cytec customers in the European market who require higher levels of local service, e.g. improved delivery of small volumes. As of January 1, 2011, IMCD will be active in all European countries, with the exception of Spain and Turkey.

“Cytec is committed to servicing all customer segments in the European market with its value adding product range. IMCD is the ideal partner for us to take over the distribution of our products to customers who require higher levels of local service,” said Paolo Arnaboldi, Cytec Sales Director Polymer Additives, EMEA. “Cytec will continue to service all other customers directly,” he adds.

The Cytec product line of Polymer Additives includes CYASORB® light stabilizers and absorbers, CYANOX® antioxidants, CYASTAT® antistatic agents, CYASORB THT® light stabilizers, and the recently introduced, CYASORB CYNERGY SOLUTIONS® stabilizer family. Cytec’s superior products and technology will enable IMCD group to further strengthen their product portfolio offered by its technical sales executives to the emerging plastic markets.

“IMCD Benelux will become the central hub of distribution to a specified group of Cytec customers in Europe. We will take care of the commercial relationships, technical support and logistics,” said Franky Meeremans, Business Manager at IMCD Plastics, coordinator for Cytec.

Both parties are confident that the partnership between IMCD and Cytec will lead to enhanced customer satisfaction.

About IMCD Group

IMCD Group B.V. is a leading company in sales, marketing and distribution of specialty chemicals and food ingredients. With a network of offices and warehouses located in Europe, Australia, New Zealand, Africa & Asia, IMCD provides its partners with optimum tailored solutions for multi-territory distribution management. Headquartered in Rotterdam, The Netherlands, IMCD has a turnover of € 1 billion and employs about 1000 professionals in 34 countries who provide best in class expertise for major global producers.
For more information about IMCD Group, please visit www.imcdgroup.com.

Contact at IMCD Group
Marina Kaptein (Manager Marketing & Communications)
+31.10.290.86.22


About Cytec Industries Inc.
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.
For more information, please visit www.cytec.com
 

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