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Cytec Industries Inc. (CYT)

46.09 Up 1.11(2.47%) Oct 21, 4:04PM EDT
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Cytec Industries Inc.
Five Garret Mountain Plaza
Woodland Park, NJ 07424
United States - Map
Phone: 973-357-3100

Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:4,400

Business Summary 

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 materials, such as vacuum bagging, release films, and sealant tapes. The In Process Separation segment provides mining chemical products consisting of flotation promoters, collectors, frothers, dispersants and depressants, solvent extractants, flocculants, filter and dewatering aids, antiscalants, and defoamers; and phosphines comprising catalyst ligands, high purity phosphine gas, and biocides. The Additive Technologies segment offers polymer additives, such as ultraviolet light stabilizers and absorbers, high performance antioxidants, and antistatic agents; specialty additives, including acrylic acid stabilizers; and formulated resins comprising formulated high technology, specialty polyurethane, and epoxy resin systems. It operates in North America, Latin America, the Asia/Pacific, and Europe/the Middle East/Africa. The company markets its products through its sales forces, third-party distributors, and agents. It has strategic collaboration with Dralon GmbH to explore opportunities for industrial grade carbon fiber production. Cytec Industries Inc. was founded in 1993 and is headquartered in Woodland Park, New Jersey.

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Corporate Governance 
Cytec Industries Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Shane D. Fleming , 55
Chairman, Chief Exec. Officer and Pres
Mr. Roy Smith , 55
VP, Gen. Counsel and Sec.
Mr. William N. Avrin , 58
VP of Corp. & Bus. Devel. and Pres of Cytec Industrial Materials
Mr. William G. Wood , 53
Corp. Officer and Pres of Cytec Aerospace Materials
Mr. David M. Drillock , 56
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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