04.08.2015
An Outstanding Solvent Free HardcoatTo meet the increasing environmental awareness and market demand for high performance hardcoats with low VOC (volatile organic compound), Cytec Industries Inc. Cytec's target is to complete a transaction of its coating resins business by the end of the year. After an extensive analysis, Cytec determined that the sale of the coating resins business is the preferred alternative for separating the business. WOODLAND PARK, US: Cytec Industries has reached a definitive agreement to sell its pressure sensitive adhesives (PSA) product line to Henkel for total consideration of $105 million in cash, including working capital of approximately $15 million. The technologies included in the PSA sale are GELVA GME and UCECRYL emulsion-based pressure sensitive adhesives, GELVA GMS and SOLUCRYL solvent-based PSA, and GELVA GMR UV-curable PSA. BAAR, SWITZERLAND: Sika AG has opened a technology centre focusing on the further and new development of mortar products in Rosendahl, Germany. BAAR, SWITZERLAND: Sika AG has acquired FRC Industries, a fibre manufacturer based in Tuscaloosa, US.
Approximately 80 PSA employees will transfer to Henkel upon the closing of the transaction.


We continue to make meaningful progress with our ongoing evaluation of the remaining Coating Resins business and are on track to announce our decision this quarter,” said Shane Fleming, Chairman, President and CEO, Cytec.
Its good direct adhesion to plastics makes it a perfect choice for general industrial plastics application.“UCECOAT 7200 is able to meet the consumer electronics market need for a reduced carbon footprint through its non-hazardous, low emission, solvent free sprayable coating without compromise in hardcoat performance. The transaction is expected to be essentially neutral to Cytec’s as-adjusted continuing earnings per diluted share in 2012. Giacomo Vitarelli, posterTo learn more about all Cytec's Coating Resins and Additives, please visit at booth #19-20 at ABRAFATI or on our .Cytec Coating Resins businesses are pioneers in the development and production of high performance coating solutions.
This product is a breakthrough in high solid content with excellent colloid stability as well as outstanding hardness performance when compared with current WBUV products in the market”, said Dr. We are pioneers in the development and production of high performance coating resins and additives which allow our customers to create sustainable change for the industries they serve.
Morgan Securities LLC, the company's financial advisor, is assisting Cytec with the process.
Our line of coatings resins and additives allow our customers to create sustainable change for the industries they serve.Corporate ProfileCytec's vision is to deliver specialty chemicals and materials technologies beyond our customers' imagination.


Their focus on innovation, advanced technology and application expertise enables them to develop, manufacture and sell products that change the way their customers do business. Our focus on innovation, advanced technology and application expertise enables us to develop, manufacture and sell products that change the way our customers do business.
Their pioneering products perform specific and important functions for their customers, enabling them to offer innovative solutions to the industries that they serve. These pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve.
The company does not intend to disclose developments regarding the Coating Resins sale process until a transaction is announced, which is estimated to occur later this year.



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