Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Sherry Sutton
Anderson (Marketing Communications)
(973) 357-3266
Cytec to
Implement Price Increase on Powder Coating Products
Woodland Park, NJ – June 30, 2009 – Cytec Industries Inc. (NYSE:
CYT) announced today the implementation of a price increase for
all powder coating products including CRYLCOAT®; ADDITOL® and
MODAFLOW®. The price increase will be applicable for products
shipped in North America on or after August 1st , 2009, or as
contracts allow. The price increase will vary from US$0.03 to
0.07/lb depending on the impact of each specific raw material.
This adjustment is being implemented due to increased costs for
major raw materials used in the production of polyester powder
resins.
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. For more information visit
www.cytec.com.
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