Press Releases
Contact:
Jodi Allen (Investor Relations)
(973) 357-3283
Doug McClellan (Marketing Communications)
(678) 255-4663
Cytec Announces Price Increases
on Powder Coating Resins and Related Additives in North and
South America
West Paterson, NJ ― September 12, 2008 ― Cytec Industries Inc.
(NYSE:CYT) announced today price increases of 3 to 6 percent for
all of its CRYLCOAT® powder coating resins, and for its ADDITOL®
additives and MODAFLOW® flow agents used in powder coating
applications. The price increases will take effect on shipments
in North and South America on or after September 15, 2008, or as
contracts allow.
All of the increases are necessary to offset the cumulative
effect of the rising costs of raw materials, energy, and
transportation.
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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