Profile: Cytec Industries Inc (CYT)

CYT on New York Consolidated

45.99USD
23 Oct 2014
Price Change (% chg)

$0.55 (+1.21%)
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$45.44
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$46.11
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$46.36
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Cytec Industries Inc., incorporated on December 17, 1993, is a global specialty materials and Chemicals Company focused on developing, manufacturing and selling value-added products. The Company’s products serve a diverse range of end markets, including aerospace and industrial materials, mining and plastics. The Company operates in four segments: Aerospace Materials, Industrial Materials, In Process Separation and Additive Technologies. Its Aerospace Materials segment is a global provider of technologically advanced materials for aerospace markets. Its Industrial Materials product line includes Structural materials and Process materials. The Company’s In Process Separation segment product line includes Mining chemicals and Phosphines. Its Additive Technologies include Polymer additives, Specialty additives and Formulated resins.

Aerospace Materials

The Company markets its Aerospace Materials products and services directly to its customers using its dedicated sales and technical support team. Its advanced composites is a lightweight materials (prepregs and resin infusion systems) the Company manufacture from high performance fibers (like carbon fiber) with epoxy, bismaleimide, phenolic, polyimide and other resins formulated or purchased by the Company. The Company’s customers use composites for primary structural aircraft applications, such as wing, tail and rudder assemblies, engine fan blades and housings and fuselage components. Structural and film adhesives are used for bonding and surfacing both metal and composite aircraft components. The Company also manufactures specialty adhesive forms for complex composites assemblies, such as honeycomb and sandwich structures and special surfacing films to provide aircraft lightning strike protection. Carbon fiber has many advantageous characteristics in the manufacture of advanced composites, such as lightweight properties, high strength, long fatigue life and enhanced heat and corrosion resistance.

Industrial Materials

In Industrial Materials, the Company markets its products through a direct sales force for the structural materials and process materials product lines. The Company’s structural materials product line includes the development, manufacturing and supply of advanced composite materials for a diverse range of industries, such as motorsports, automotive, defense, rail, tooling, recreation, alternative energy and other markets. The Company’s process materials product line includes the development, manufacture, and supply of vacuum bagging and other process materials to the composites industry and other markets, providing a range of materials and technical support to a growing number of international customers.

In Process Separation

The Company markets its In Process Separation chemicals through specialized sales and technical service staffs for each of its product lines. The Company’s mining chemicals product line is primarily used in applications to separate desired minerals from host ores. The Company’s phosphine specialties are utilized for a range of applications. The Company is a supplier of ultra-high purity phosphine gas, used in semiconductor manufacturing and light emitting diode applications, and has positions in various phosphine derivative products including phosphonium salts used in pharmaceutical catalysts and biocides.

Additive Technologies

The Company is a global supplier to the plastics industry of specialty additives, which protect plastics from the ultraviolet radiation of sunlight and from oxidation. The Company is a global supplier of sulfosuccinate surfactants, Docusate sodium, and PTZ phenothiazine. Sulfosuccinate surfactants are used in emulsion polymers, paints, paper coatings, printing inks, and other diverse customer applications. The Company’s formulated resins products include formulated high technology, specialty polyurethane and epoxy resin systems tailored to suit the individual needs of its customers.

Company Address

Cytec Industries Inc

FIVE GARRET MOUNTAIN PLAZA
WEST PATERSON   NJ   7424
P: +1973.3573100
F: +1302.6555049

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