West Paterson, NJ, October 8, 2007 ¨D Cytec Industries Inc. (NYSE:CYT) announced today to its customers that it is increasing prices in North and South America on its CYMEL®, MELMAC®, BECKAMINE®, and UFORMITE® amino resins. The increases will take effect on all shipments on or after November 1, 2007, or as contracts allow.
These increases will apply as follows:
• US $0.06/lb for conventional melamines and conventional ureas
• US $0.012/lb for conventional benzoguanamines and high-solids HMMM
• US $0.15/lb for high-solids glycolurils
• US $0.16/lb for high-solids melamines
• US $0.30/lb for high-solids benzoguanamines
All of the increases are necessary to offset the continued escalation in the costs of raw materials, labor, energy and transportation. |
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