Industry News

Cytec Announces Price Increases on its Powder Coating Resins Product Range

Published on 2010-11-04. Author : SpecialChem

BRUSSELS -- Cytec Industries Inc., and its affiliated companies, announced to its customers a price increase for its entire range of Powder Coating Resins and Additives sold in Europe, Middle East and Africa.

The price increase will be applicable on all shipments as of November 15th, 2010, or as contracts allow. It will range between 0.07 EUR/kg and 0.15 EUR/kg, depending on the product.

This adjustment is on top of any previously applied price increases.

Cytec remains committed to servicing and delivering value to its customers. However, this price increase is necessary to compensate for the continued escalation of raw material costs.

About Cytec:

Cytec's vision is to deliver 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

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