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Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Ivy Liew
(Marketing Communications – Asia Pacific)
+603 7861-3113
Cytec Announces
Price Increase On Amino Cross-linking Resins In Asia Pacific
Shanghai, China, November 10th, 2010 – Cytec Industries Inc.
(NYSE:CYT), and its affiliated companies, announced today to its
customers a selling price increase of its entire range of CYMEL™
and CYREZ™ amino cross-linking resins in Asia Pacific.
The price increase will range from US$0.10/kg to US$0.15/kg
depending on grade and is effective for all shipments as of 1st
December 2010, or as contracts allow. Cytec remains committed to
servicing and delivering value to its customers. This price
increase is necessary to compensate for the increase in raw
materials costs for the past months.
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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