Industry News

Cytec Announces Price Increases on Amino and Phenolic Resins in Americas

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cytec Industries Inc. announced that it is increasing prices in North and South America of its Cymel, Aerotex, Melurac and Cyrez amino resins, and of its Alvonol phenolic resins. The increases took effect on Sept. 15, 2006.       All of the increases are necessary to offset the double-digit increases in the cost of methanol, and the combined impact of the associated costs of key derivatives, such as formaldehyde, as well as related oxo-alcohol products.      Also, because of the general meth...

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