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Jodi Allen (Investor Relations)
(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, Middle East and Africa
Brussels - November 2nd, 2010 - 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, Middle East and
Africa.
The price increase will be applicable on all shipments as of
November 15th, 2010, or as contracts allow.
It will range between 0.07 EUR/kg and 0.15 EUR/kg, depending on
the product.
This adjustment is on top of any previously applied price
increases.
Cytec remains committed to servicing and delivering value to its
customers. However, this price increase is necessary to
compensate for the continued escalation of raw material costs.
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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