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Cytec Announces Price Increase for Powder Coating Resins in North America

Published on 2010-07-21. Author : SpecialChem

WOODLAND PARK, NJ -- Cytec Industries Inc., and its affiliated companies, announce a selling price increase on all powder coating resins (CRYLCOAT®, ADDITOL®, MODAFLOW® and UVECOAT®) sold in North America.

The increase will be US$0.07/lb and will be effective for shipments on or after August 1, 2010 or as contracts allow.

Cytec is committed to servicing and delivering value to its customers, however this price increase is necessary to compensate for the increase in raw material costs.

About Cytec Industries Inc.:

Cytec Industries Inc. delivers specialty chemicals and materials technologies beyond our customers' imagination. Our focus on innovation, advanced technology and application expertise enables us to develop, manufacture and sell products that change the way our customers do business. These pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve. Our products serve a diverse range of end markets including aerospace composites, structural adhesives, automotive and industrial coatings, chemical intermediates, electronics, inks, mining and plastics.

Source: Cytec Industries Inc.


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