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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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