Cytec Raises Water Soluble Polymer Prices
WEST PATERSON, N.J. - Cytec Industries Inc. (NYSE:CYT) announced today a global price increase averaging 7 1/2 percent for all polyacrylamide, polyamine and polyDADMAC products in its water soluble polymer and mineral businesses, effective December 1, 2000.
Cytec Industries Inc. is a specialty chemicals and materials technology company with 1999 sales of $1.4 billion and diluted earnings per share of $2.73. Its growth strategies are based on developing technologically advanced customer solutions for global markets, including: aerospace, plastics, industrial coatings, mining, and water treatment. Cytec is in the S& P Mid-cap 400 index.
For more information, contact Cytec Industries Inc., Five Garret Mountain Plaza, West Paterson, N.J. 0-7424; 973/357-3275.
Contact: Cytec Industries Wendy Whipple, 973/357-3275 wendy_whipple@gm.cytec.com
