Cytec Industries
 |
| File:Cytec logo.gif | |
| Company type | Public |
|---|---|
| NYSE: CYT | |
| Industry | Chemicals, Materials, Aerospace, Automotive and Coatings |
| Founded | 1907 - American Cyanamid Company, 1993 - Cytec |
| Headquarters | |
Area served | Worldwide |
Key people | Shane D. Flemming (President and CEO) |
| Revenue |  US$ 1.90 billion (2013)[1] |
Number of employees | 3,600+ (2012) |
| Subsidiaries | Cytec Engineered Materials |
| Website | http://www.cytec.com |
Cytec Industries Incorporated, based in Woodland Park, New Jersey is a speciality chemicals and materials technology company with pro-forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Cytec is a result of its spin-off from American Cyanamid Company. It makes resins, plastics, and composite materials, especially for the aerospace industry and other users of specialty materials.
Cytec currently has about 3,600 employees in Europe, North and South America, Asia and Australia. It is listed in NYSE with stock symbol "CYT".
In July 2015, Solvay announced its intent to acquire Cytec for a purchase price of US $5.5 billion.[2]
In December 2015, Solvay has successfully completed the acquisition of Cytec. Financing consists of the issuance of around €4.7 billion senior and hybrid bonds and the ongoing € 1.5 billion right issue.[3]
References
External links
- "CYTEC Industries". Retrieved 2005-12-21.
- "CYTEC Industries At A Glance". Retrieved 2013-12-10.
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