Industry News

Cytec Announces Price Increases on Liquid Coating Resins, Additives and Solvents

Published on 2005-12-07. Author : SpecialChem

ATLANTA, GA -- Cytec announced increases in prices and satellite warehousing charges for product families of coating additives, liquid coating resins and solvents.

Effective December 16, 2005, prices will increase as follows in the Americas:

  • $0.05 per pound for DUROFTAL™ polyester resins, DUROXYN™ epoxyester emulsions, MACRYNAL® acrylic resins and dispersions, RESYDROL® alkyd emulsions, VIACRYL® acrylic resins and emulsions, and VIALKYD™ solvent-borne and 100 percent solids alkyd resins.
  • $0.12 per pound for PHENODUR® phenolic resins.
  • $0.25 per pound for RESAMIN® carbamic resins.
  • $0.10 per pound BECKOPOX™ epoxy resins/dispersions/hardeners, and DAOTAN™ polyurethane dispersions.
  • $0.07 per pound for SANTOSOL® HAPs-free solvents.
  • 10 percent in most cases for ADDITOL® additives, and MODAFLOW® additives.

Also, an incremental increase of $0.03 per pound will take effect to cover increases in freight and energy costs associated with satellite warehousing.

Cytec Industries is a specialty chemicals and materials technology company with pro forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Its growth strategies are based on developing technologically advanced customer solutions for global markets, including aerospace, coatings, mining, plastics and water treatment.

Source: Cytec Surface Specialties

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