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Cytec Announces Price Increases on its Powder Coating Resins Product Range in Europe, Middle East and Africa

Brussels - December 15th, 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 January 1st, 2011, or as contracts allow.
It will range between EUR 0.08/kg and EUR 0.13/kg for shipments from Europe and between USD 0.10/kg and USD 0.15/kg for shipments from Asia, depending on the product.

This adjustment is in addition to 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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