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Cytec Announces Price Increase on Liquid Coating Resins and Additives in Asia Pacific

Published on 2008-07-04. Author : SpecialChem

West Paterson, N.J. -- Cytec Industries Inc. has announced that they will increase prices of their Liquid Coating Resins (LCR) and Additives in Asia Pacific. This price increase will take effect for all shipments on or after July 15, 2008 or as contract terms allow. The price increase will range as follows:

  • Aminos - 25 to 88 US cents per Kg ;
  • Other Liquid Coating Resins - 10 to 25 US cents per Kg ;
  • Additives - 45 to 55 US cents per Kg ;

This price increase is necessitated by rapidly increasing costs of raw materials, energy and transportation..

About Cytec Industries Inc.:

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.

Source: Cytec Industries Inc.

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