Former Cytec Industries coating resins business becomes independent as sale to funds affiliated with Advent International is completed

摘要

BRUSSELS, Belgium, April 3, 2013 - The coating resins business that was formerly part of Cytec Industries Inc. (NYSE: CYT) announced that it has become an independent company with the completion of the previously announced sale from Cytec to funds affiliated with Advent International, one of the leading global private equity firms. The coating resins business, which will adopt a new brand name in the coming months, is one of the leading global producers of coating resins with a broad product portfolio and leading market and technology positions.