November 21, 2017 11:19 PM ET

Chemicals

Company Overview of Cytec Industries Inc.

Company Overview

Cytec Industries Inc., a specialty materials and chemicals company, focuses on developing, manufacturing, and selling value-added products for aerospace and industrial materials, mining, and plastics industries. The company operates through four segments: Aerospace Materials, Industrial Materials, In Process Separation, and Additive Technologies. The Aerospace Materials segment provides aerospace-qualified prepregs, resin infusion systems, ablatives, structural/surfacing adhesives films, and high performance standard modulus carbon fibers. The Industrial Materials segment offers structural materials comprising industrial grade prepregs and structural/surfacing adhesives; and process material...

5 Garret Mountain Plaza

Woodland Park, NJ 07424

United States

Founded in 1993

4,600 Employees

Phone:

973-357-3100

Fax:

480-730-2000

Key Executives for Cytec Industries Inc.

Chief Executive Officer, President and Director
Age: 54
President of Cytec Aerospace Materials
Age: 56
President of Global Business Unit and Director
Age: 47
Chief Technology Officer and Vice President
Treasurer and Director
Compensation as of Fiscal Year 2017.

Cytec Industries Inc. Key Developments

Cytec Industries Inc. Prevails in its Patent Infringement Lawsuit in China against Sunshow Specialty Chemical Co. Ltd

Cytec Industries Inc. has announced that Sunshow Specialty Chemical (Yantai) Co. Ltd. (Sunshow), has agreed to compensate Cytec for infringement of its patent in China, No. ZL 02826049.X, covering its CYASORB CYNERGY SOLUTIONS V703 product for UV stabilization of thermoplastic olefins in automotive applications. The payout from Sunshow brings an end to the infringement litigation in the Shenzhen Intermediate People's Court, as well as a parallel proceeding by Sunshow for invalidation of the patent in the State Intellectual Property Office, wherein the Reexamination Boards Decision for Invalidation Request No. 31232 maintained Cytecs patent as valid.

Cytec Industries Inc. Announces the Opening of New Application Center in Heanor, UK

Cytec Industries Inc. announced the opening of its new application center in Heanor, UK. This opening is a key milestone for Cytec in its strategy to develop new composite products and technologies to serve the high volume production markets such as automotive. This investment of $13 million also demonstrates the company's commitment to the industrial markets and long term vision for the adoption of composites by the serial automotive industry.

Cytec Industries Inc.(NYSE:CYT) dropped from S&P 1000 Index

Cytec Industries Inc.(NYSE:CYT) dropped from S&P 1000 Index

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
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