Industry News

Dynea resumes Dynoadd® distribution in North America and Asia Pacific

Published on 2005-08-11. Author : SpecialChem

Dynea and Cytec Industries have agreed to terminate their current arrangement for the distribution of Dynoadd® additives in North America and the Asia Pacific region as of August 1, 2005.

This decision has been brought about by Dynea's plans to strengthen its Dynoadd® additives' marketing organisation, as well as on-going changes in Cytec's organisation and product lines, due to its recent acquisition of UCB's Surface Specialty business.

In North America, Dynea's local sales and logistics personnel will serve Dynoadd® additives customers with deliveries directly from Dynea stock points in Canada and the USA.

In Asia Pacific, Dynoadd® additives customers will be served from Dynea's local stock points in Shanghai and Singapore or through local distributors in the region. This operation will be supported by regionally dedicated sales and technical personnel employed by Dynea.

Dynea in brief

Dynea is a global provider of superior adhesion and surfacing solutions used in a variety of applications by the panel board industry, laminated beam and structural wood manufacturers, the mineral and glass fibre industry, the paper impregnating industry, coatings and many others.

Dynea has combined revenues of approximately EUR 1.1 billion. With 54 production units in 26 countries in Europe, the Americas and Asia Pacific, Dynea has some 3,200 employees.

Cytec in brief

Cytec Industries Inc. 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: Dynea

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