Press Releases
Cytec Industries Inc.
Five Garret Mountain Plaza
West Paterson, New Jersey 07424
www.cytec.com
Contact:
Jodi Allen
(973) 357-3283
Jasmin Bisch (Marketing
Communications)
+32 2 560 4656
Cytec Announces Price Increases on Powder Coating Resins and
Additives in Europe, Middle East and Africa
West Paterson, NJ,
June 20, 2008 – Cytec Industries Inc. (NYSE:CYT) announced today
to its customers that it is increasing the prices of its entire
range of CRYLCOAT® powder coating resins and ADDITOL® P
additives for powder coatings in Europe, Middle East and Africa.
The price increase will be applicable on all shipments on or
after July 15, 2008 or as contracts allow, and will be up to
0.13 EUR/kg, depending upon the grade.
This pricing adjustment follows sudden and unprecedented
increases in raw materials, energy and freight costs.
Cytec remains committed to servicing and delivering value to its
customers, while securing the necessary material to meet the
high demand in the powder coatings market.
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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