UCB announced Oct. 1 that it has signed an agreement to sell its Surface Specialties business to Cytec Industries Inc. for a total amount of R1.5 billion ($1.86 billion). The sale will be submitted for approval to the relevant competition authorities and is expected to be concluded by the end of December 2004.      Through in-house innovation and the acquisition of Solutia’s coating resins, additives and adhesives activities in 2003, Surface Specialties has built a leading position in these ar...