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Cytec Announces Price Increases on BECKOPOX™ epoxy resins and dispersions in Asia Pacific

Published on 2006-08-14. Author : SpecialChem

West Paterson, NJ -- Cytec Industries Inc. (NYSE:CYT) announced that it is increasing prices of its range of BECKOPOX™ epoxy resins and dispersions in Asia Pacific countries.

The price increases will take effect on September 1, 2006 or as contract terms allow. The increases will be 0.20 EUR per kg for BECKOPOX™ solventborne epoxy resins and 0.15 EUR per kg for BECKOPOX™ waterborne epoxy dispersions.

This price adjustment is necessary to offset the significant increases in energy, raw materials, packaging, freight and transportation costs. Cytec remains committed in servicing its customers and to meet growing demand at the best possible value.

Corporate Profile

Cytec Industries Inc. is a global specialty chemicals and materials company focused on developing, manufacturing and selling value-added products with pro forma sales in 2005 of approximately $3.2 billion. Our products serve a diverse range of end markets including aerospace, adhesives, automotive and industrial coatings, chemical intermediates, inks, mining, plastics and water treatment. The Company uses its technology and application development expertise to create chemical and material solutions that are formulated to perform specific and important functions for our customers.

Source: Cytec Industries Inc.


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