Cytec Industries Incorporated, based in Woodland Park, New Jersey was 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. It was listed in NYSE with stock symbol "CYT".
Cytec currently[when?] has about 3,600 employees in Europe, North and South America, Asia and Australia.
In December 2013, Cytec Industries has entered into a tactical partnership with Mubadala Development Company.[2]
In July 2015, Solvay announced its intent to acquire Cytec for a purchase price of US$5.5 billion.[3] In November 2015, Cytec Industries has obtain a shareholder's stake in Penso Holdings.[4] In December 2015, Solvay successfully completed its 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.[5]
Referencesedit
^"Solvay, an advanced materials and specialty chemicals company". Solvay.
^"Cytec announces Middle Eastern aerospace collaboration". Plastics Today. 20 December 2013. Retrieved 19 November 2020.
^"Belgium's Solvay to buy U.S. peer Cytec for $5.5 billion". Reuters. 29 July 2015 – via www.reuters.com.
^"Cytec acquires stake in composites part manufacturer". Plastics Today. 25 November 2015. Retrieved 19 November 2020.
^. Reuters. Archived from the original on 2016-03-05.
External linksedit
"CYTEC Industries". Retrieved 2005-12-21.
"CYTEC Industries At A Glance". Archived from the original on 2013-12-10. Retrieved 2013-12-10.
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cytec, industries, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, relies, excessively, references, primary, sources, please, improve, this, article, add. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Cytec Industries news newspapers books scholar JSTOR December 2008 Learn how and when to remove this message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Cytec Industries news newspapers books scholar JSTOR December 2019 Learn how and when to remove this message Learn how and when to remove this message Cytec Industries Incorporated based in Woodland Park New Jersey was 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 It was listed in NYSE with stock symbol CYT Cytec Industries Inc Company typeSubsidiaryTraded asNYSE CYTIndustryChemicals Materials Aerospace Automotive and CoatingsFounded1907 American Cyanamid Company 1993 CytecHeadquartersWoodland Park New Jersey United StatesArea servedWorldwideKey peopleShane D Flemming President and CEO RevenueUS 1 90 billion 2013 1 Number of employees3 600 2012 SubsidiariesCytec Engineered MaterialsWebsitehttp www cytec com Cytec currently when has about 3 600 employees in Europe North and South America Asia and Australia In December 2013 Cytec Industries has entered into a tactical partnership with Mubadala Development Company 2 In July 2015 Solvay announced its intent to acquire Cytec for a purchase price of US 5 5 billion 3 In November 2015 Cytec Industries has obtain a shareholder s stake in Penso Holdings 4 In December 2015 Solvay successfully completed its 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 5 References edit Solvay an advanced materials and specialty chemicals company Solvay Cytec announces Middle Eastern aerospace collaboration Plastics Today 20 December 2013 Retrieved 19 November 2020 Belgium s Solvay to buy U S peer Cytec for 5 5 billion Reuters 29 July 2015 via www reuters com Cytec acquires stake in composites part manufacturer Plastics Today 25 November 2015 Retrieved 19 November 2020 Solvay successfully completes the acquisition of Cytec Reuters Archived from the original on 2016 03 05 External links edit CYTEC Industries Retrieved 2005 12 21 CYTEC Industries At A Glance Archived from the original on 2013 12 10 Retrieved 2013 12 10 nbsp This United States manufacturing company related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Cytec Industries amp oldid 1119084823, wikipedia, wiki, book, books, library,
