Jodi Allen (Investor Relations)
(Marketing Communications – Asia Pacific)
+86 21 64228920
Price Increase for Polyester Resins in Asia Pacific
Shanghai, China, October 29th , 2010 – Cytec Industries Inc.
(NYSE:CYT), and its affiliated companies, announced today to its
customers a selling price increase of its entire range of
CRYLCOAT™ and ADDITOL™ polyester resins in Asia Pacific.
The price increase will range from US$0.15/kg to US$0.20/kg
depending on grade and is effective immediately or as contracts
This price increase is necessary to offset increase in raw
material costs, and we will continue to deliver the right level
of service and value to our esteemed customers.
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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