Press Releases
Cytec Announces
Price Increases on Liquid Coating Resins
in Asia Pacific
December 18, 2006
West Paterson, NJ, ― Cytec Industries Inc. (NYSE:CYT)
announced today that it is increasing prices of several liquid
coating resins. The price increases will apply to the entire
Asia Pacific region and will be effective on all shipments as of
January 1, 2007, or as contracts permit.
An increase of 0.15 Euro/kg will apply to the following product
families:
VIALKYDTM solvent based alkyd resins,
RESYDROLTM water based alkyd resins,
VIACRYLTM and MACRYNALTM solvent based acrylic resins,
BECKOPOXTM solvent based epoxy resins,
DAOTANTM polyurethane dispersions.
An increase of 0.20 Euro/kg will apply to
RESAMINTM solvent based urea resins.
Cytec has been limiting and postponing these price increases as
much as possible but these adjustments are now necessary to
compensate for the raw materials costs.
Cytec remains committed to serving its customers and delivering
the most advanced technology for 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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