November 5, 2014 – Woodland Park, New Jersey – Cytec Industries Inc. (“Cytec” or the “Company”) (NYSE:CYT) announced today that it plans, subject to market and other customary conditions, to offer $250 million aggregate principal amount of senior notes due 2025 (the “notes”) in an underwritten public offering.Cytec intends to use a portion of the net proceeds from the offering to purchase for cash or redeem all of the $141.8 million of its 6.0% Notes due 2015 (the “2015 Notes”) and $82.0 million of its 8.95% Notes due 2017 (the “2017 Notes”), including the payment of accrued interest and, in the event of redemption, any applicable make whole premium. Cytec intends to add any remaining net proceeds from the sale of the notes to its general corporate funds that may be used for, without limitation, the repayment of short-term borrowings or other debt or any other general corporate purpose, including the purchase of additional 2017 Notes.  Cytec expects to announce that it is commencing a tender offer for the 2015 Notes in a separate press release issued upon the commencement of such tender offer.  Cytec expects to announce the redemption of its 2015 Notes to the extent not tendered and the remaining balance of the $82 million of its 2017 Notes to the extent not repurchased, each in a separate press release to be issued following the pricing of the offering of the notes. Citigroup Global Markets Inc., RBS Securities Inc. and Wells Fargo Securities, LLC are serving as joint book‑running managers for the offering.The notes will be offered pursuant to the Company’s shelf registration statement.  The offering will be made only by means of a preliminary prospectus supplement and accompanying prospectus describing the terms of the offering, each which will be filed with the Securities and Exchange Commission.  When available, copies of the preliminary prospectus supplement and accompanying prospectus for the offering may be obtained from: Citigroup Global Markets Inc. toll-free at 800‑831-9146, RBS Securities Inc. at 866‑884‑2071 or Wells Fargo Securities, LLC at 800-645-3751.This announcement does not constitute an offer to purchase or a solicitation of an offer to sell securities, nor shall there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of such jurisdiction.  The tender offer, if made, will be made solely by means of an Offer to Purchase and a related Letter of Transmittal.  In any jurisdiction where the laws require a tender offer to be made by a licensed broker or dealer, the tender offer will be deemed to be made on behalf of Cytec by the dealer managers for such tender offers, or one or more registered brokers or dealers under the laws of such jurisdiction. This announcement does not constitute a notice of redemption under the applicable indenture governing each of the 2015 Notes and 2017 Notes or an obligation to issue such notice.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.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