Jodi Allen (Investor Relations)
Cytec and IMCD
Group Partner to Optimize Distribution of Polymer Additives in
Brussels, November 1st, 2010 - IMCD Group B.V. has reached an
agreement with Cytec (NYSE:CYT) to act as a distributor of
Cytec’s Polymer Additives product range. IMCD will be servicing
select Cytec customers in the European market who require higher
levels of local service, e.g. improved delivery of small
volumes. As of January 1, 2011, IMCD will be active in all
European countries, with the exception of Spain and Turkey.
“Cytec is committed to servicing all customer segments in the
European market with its value adding product range. IMCD is the
ideal partner for us to take over the distribution of our
products to customers who require higher levels of local
service,” said Paolo Arnaboldi, Cytec Sales Director Polymer
Additives, EMEA. “Cytec will continue to service all other
customers directly,” he adds.
The Cytec product line of Polymer Additives includes CYASORB®
light stabilizers and absorbers, CYANOX®
antioxidants, CYASTAT® antistatic agents, CYASORB THT®
light stabilizers, and the recently introduced, CYASORB CYNERGY
SOLUTIONS® stabilizer family. Cytec’s superior
products and technology will enable IMCD group to further
strengthen their product portfolio offered by its technical
sales executives to the emerging plastic markets.
“IMCD Benelux will become the central hub of distribution to a
specified group of Cytec customers in Europe. We will take care
of the commercial relationships, technical support and
logistics,” said Franky Meeremans, Business Manager at IMCD
Plastics, coordinator for Cytec.
Both parties are confident that the partnership between IMCD and
Cytec will lead to enhanced customer satisfaction.
About IMCD Group
IMCD Group B.V. is a leading company in sales, marketing and
distribution of specialty chemicals and food ingredients. With a
network of offices and warehouses located in Europe, Australia,
New Zealand, Africa & Asia, IMCD provides its partners with
optimum tailored solutions for multi-territory distribution
management. Headquartered in Rotterdam, The Netherlands, IMCD
has a turnover of € 1 billion and employs about 1000
professionals in 34 countries who provide best in class
expertise for major global producers.
For more information about IMCD Group, please visit
Contact at IMCD Group
Marina Kaptein (Manager Marketing & Communications)
About Cytec Industries Inc.
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.
For more information, please visit
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