March 20, 2014 – Woodland Park, New Jersey - Cytec Industries Inc. (NYSE:CYT) announces the mechanical completion of its newest carbon fiber production facility in Piedmont, South Carolina.  This mechanical completion is a major milestone for the company, as it demonstrates its focus on growth in the aerospace market.The new carbon fiber facility will provide additional capacity for manufacture of polyacrylonitrile-based (PAN-based) carbon fiber production including precursor manufacturing and carbonization. Carbon fibers act as a reinforcement material and offer advantages such as lightweight, high tensile strength, durability and resistance to corrosion and high temperatures. Cytec uses these fibers, such as THORNEL® carbon fibers, in the manufacture of carbon fiber reinforced composites that are widely used in commercial and military aerospace applications. This facility is intended to double Cytec's carbon fiber manufacturing capacity and provide additional capability to meet the demand for next-generation carbon fibers. "I am very proud of what we were able to accomplish in South Carolina and excited about the growth this project represents for the customers we serve and communities where our employees live," said Shane Fleming, Chairman, CEO and President, Cytec Industries Inc.The new facility will support the expected build rate increases in Cytec's commercial transport, business jet, and rotorcraft market segments.  Cytec will be conducting commissioning and qualification activities on the new production line ahead of its expected aerospace certification and qualified fiber production in early 2016."Aerospace manufacturers are increasingly turning to composite materials to reduce aircraft weight and improve fuel efficiency. Our investments in carbon fiber and advanced composite materials are a clear demonstration of our commitment to the industry's growth and its need for optimized production and supply capacity," added Bill Wood, President Aerospace Materials.About CytecCytec's vision is to deliver specialty material and chemical technologies beyond our customers' imagination. 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. Our pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve. Our products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics.For more information about Cytec please visit www.cytec.com.DISCLAIMER: The data and information provided in this document have been obtained from carefully controlled samples and are considered to be representative of the product described. Cytec does not express or imply any guarantee or warranty of any kind including, but not limited to, the accuracy, the completeness or the relevance of the data and information set out herein. Because the properties of this product can be significantly affected by the fabrication and testing techniques employed, and since Cytec does not control the conditions under which its products are tested and used, Cytec cannot guarantee the properties provided will be obtained with other processes and equipment. No guarantee or warranty is provided that the product is adapted for a specific use or purpose. Cytec declines any liability with respect to the use made by any third party of the data and information contained herein. Cytec has the right to change any data or information when deemed appropriate.TRADEMARK NOTICE: The ® indicates a Registered Trademark in the United States and the ™ indicates a trademark in the United States. The mark may also be registered, subject of an application for registration, or a trademark in other countries.All trademarks are the property of their respective owners.Media Contacts

Jodi Allen

Investor Relations

Tel: 1.973.357.3283

jodi.allen@cytec.com

Tara Tepp

In Process Separation Marketing Communications

Tel: 1.973.357.3347

tara.tepp@cytec.com

Katherine Vaiente

Global Marketing Communications Manager

Tel: 1.480.730.2310

Katherine.Vaiente@cytec.com

Claire Michel

Industrial Materials Marketing Communications

Tel: 44.1773.766200

claire.michel@cytec.com

Katherine Vaiente

Global Marketing Communications Manager

Tel: 1.480.730.2310

Katherine.Vaiente@cytec.com