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Cytec Announces Price Hike for its UV/EB Curable Resins

Published on 2012-09-14. Author : SpecialChem

Brussels -- Cytec Industries Inc. (NYSE:CYT), and its affiliated companies, announced to its customers a price increase for its Energy Curable Acrylated resins sold in Europe, Middle East and Africa.

The price increase will be applicable on all shipments as of October 1st, 2012, or as contracts allow. This price increase will range from 3 to 5 % depending on the product family. This adjustment is in addition to any previously applied price increases.

Cytec remains committed to servicing and delivering value to its customers. However, this price increase is necessary to compensate for the continued escalation of raw material costs.

About Cytec

Cytec's vision is to deliver technology 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. Our 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, electronics, inks, mining and plastics.

Source: Cytec

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