Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Sherry Sutton Anderson (Marketing Communications)
(973) 357-3266
Cytec Announces Price Increases on Liquid Coating Resins the
Americas
Woodland Park, NJ, November 25, 2009 – Cytec Industries Inc.
(NYSE:CYT) is increasing the prices of its entire range of
CYMEL®, MELMAC®, BECKAMINE® and UFORMITE® aminoplast resins in
the Americas.
The price increase is applicable for products shipped to the
Americas on or after December 15, 2009, or as contracts allow.
The cost increase is $0.09/lb for conventional resins and $0.07/lb for
high-solids resins.
This pricing adjustment is necessary to offset the increase in
raw material prices.
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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