October 1, 2014 – Woodland Park, NJ - Cytec Industries Inc. (CYT) is pleased to announce the mechanical completion of the Welland manufacturing plant located in Niagara Falls, Canada. This facility will double Cytec’s phosphine and phosphine derivative manufacturing capacity making it the largest and most technologically advanced phosphine plant in the world.“Cytec is the global leader in the research and manufacture of industrial scale phosphine derivatives. The added capacity will enable us to meet the growing needs in our current markets including electronics, mineral processing, solvent extraction, pharmaceutical intermediates, industrial catalysts, biocides, and agricultural fumigation. The asset will also allow us to leverage growth opportunities in additional highly attractive market segments we are pursuing today and in the future,” said Michael Radossich, President of Cytec Specialty Chemicals.Shane Fleming, Chairman, President, and Chief Executive Officer said, “Cytec is proud to manufacture the highest quality of phosphine technology and this expansion ensures improved supply security to our customers. This significant investment further shows our commitment to the growth of Cytec.”The new facility is currently progressing through a disciplined start-up process to produce material for product qualification.Corporate ProfileCytec’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.Disclaimer: Cytec Industries Inc. in its own name and on behalf of its affiliated companies (collectively, "Cytec") decline any liability with respect to the use made by anyone of the information contained herein. The information contained herein represents Cytec's best knowledge thereon without constituting any express or implied guarantee or warranty of any kind (including, but not limited to, regarding the accuracy, the completeness or relevance of the data set out herein). Nothing contained herein shall be construed as conferring any license or right under any patent or other intellectual property rights of Cytec or of any third party. The information relating to the products is given for information purposes only. No guarantee or warranty is provided that the product and/or information is adapted for any specific use, performance or result and that product and/or information do not infringe any Cytec and/or third party intellectual property rights. The user should perform its own tests to determine the suitability for a particular purpose. The final choice of use of a product and/or information as well as the investigation of any possible violation of intellectual property rights of Cytec and/or third parties remains the sole responsibility of the user.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
