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Cytec Increases Price of Liquid Coating Resins & Additives within Americas

Published on 2011-01-26. Author : SpecialChem

WOODLAND PARK, NJ -- Cytec Industries Inc., and its affiliated companies, announce a selling price increase on all its entire range of Liquid Coating Resins and Additives in the Americas. The announced changes are necessary to offset increasing costs of raw materials and freight. The increase will range from $0.05-$0.35/lb depending on product family. Included in the increase are: ADDITOL®, ALNOVOL®, BECKOPOXTM, CYCAT®, CYDROTHANE®, CYMEL®, CYREZ® , DAOTANTM , DUROXYNTM, PHENODUR®, and RESYDROL®.

These increases will be effective for shipments as of February 14, 2011 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

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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