Brussels -- Cytec Industries Inc. (NYSE:CYT) and its affiliated companies, announced to its customers that it is increasing the selling prices of its CYLINK®NMA 48% and CYLINK® NMA-LF Monomers in Europe, Middle East, Africa and Asia Pacific.
Depending upon the grade, the price will be increased from ?0.10-0.12/kg. The increase will be applicable on all shipments as from 15th June, 2012, or as contracts permit.
This increase is necessary to compensate for the increase of key raw materials. Cytec remains committed to servicing and delivering value to its customers.
Cytecs vision is to deliver technologies beyond its customers imagination. The companys focus on innovation, advanced technology and application expertise enables it to develop, manufacture and sell products that change the way its customers do business. These pioneering products perform specific and important functions for its customers, enabling them to offer innovative solutions to the industries that they serve. The companys 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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