Cytec to adjust pricing for mineral processing and solvent extraction products
West Paterson, NJ – May 1, 2008 – Cytec Industries Inc. (NYSE: CYT) announced today the implementation of a global price adjustment of 7 to 15 percent on all mining products used in mineral processing and solvent extraction including AEROFROTH® frothing agents, OREPREP® frothing agents, AEROPHINE® promoter, SUPERFLOC® flocculants, AERODRI® surfactant, AEROFLOAT® flotation reagents, AERO® promoter, ACORGA® extraction reagents and CYANEX® solvent extraction reagents products. This adjustment, effective June 1, 2008, is being implemented to offset the increased costs of raw materials, energy and transportation.
Cytec Industries Inc. is a global specialty chemicals and materials company focused on developing, manufacturing and selling value-added products. Our products serve a diverse range of end markets including aerospace, adhesives, automotive and industrial coatings, chemical intermediates, inks, mining and plastics. We use our technology and application development expertise to create chemical and material solutions that are formulated to perform specific and important functions in the finished products of our customers.
Global Marketing Communications Director
Cytec Specialty Chemicals
5 Garret Mountain Plaza
West Paterson, NJ 07424