Jodi Allen (Investor Relations)
(Marketing Communications – Asia Pacific)
Price Increase On Epoxy Resins And Hardeners In Asia Pacific
Shanghai, China, August 19th 2010 – Cytec Industries Inc.
(NYSE:CYT), and its affiliated companies, announced today to its
customers a selling price increase of its entire range of
BECKOPOXTM epoxy resins and hardeners and DUROXYNTM
epoxy esters in Asia Pacific.
The price increase will be up to EUR 0.35/kg depending on the
grade and effective for all shipments as of 1st September 2010,
or as contracts allow. Cytec remains committed to servicing and
delivering value to its customers. However this price increase
is necessary to compensate for the increase in raw materials and
shipping costs for the past months.
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.
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