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Cytec Announces Price Increases on Phenolic
Resins and Cyclised Rubber Resins in Asia Pacific
West Paterson, NJ, November 19, 2007 Cytec Industries Inc. (NYSE:CYT)
announced today to its customers that prices of PHENODUR™,
ALVONOL™ and ALPEX™ resins will be increased in Asia
Pacific. The increases will take effect on all shipments on
or after December 1, 2007, or as contracts allow.
These increases will apply as follows:
• 0.10 €/kg for all grades of PHENODUR and ALVONOL phenolic
resins,
• 0.50 €/kg for all grades of ALPEX cyclised rubber resins.
These adjustments are necessary due to the continued
significant increases in prices of some key raw materials
which are in short supply, 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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