The Critical Materials Institute, being led by Ames Laboratory, is chartered to establish an Energy Innovation Hub and develop solutions to the domestic shortages of rare earth metals and other materials critical for U.S. energy security. The new research center will bring together leading researchers from academia, four Department of Energy national laboratories, as well as the private sector.Mike Radossich, President, Cytec Specialty Chemicals stated "Cytec is very excited and honored to be engaged and working with such an elite group of industry experts in the development of breakthrough technology to benefit industry and society by advancing the availability and cost of critical materials."Cytec is dedicated to transforming the mining industry with breakthrough innovation. The company uses its onsite experience with the world's top mining companies to produce products that meet the specific needs of their customers. The products are supported through a team of global sales and technical support.Rare earth metals are essential in manufacturing wind turbines, electric vehicles, advanced batteries and other products of significance to America's energy and national security. Cytec as an industry partner from the private sector will help guide the research and make and commercialize viable reagent solutions using their manufacturing and application expertise. These efforts will be utilized to increase availability and security of supply of environmentally friendly sources of energy. Mike Radossich continued "We are also encouraged by the long-term opportunities presented by the potential for this consortium to become a powerhouse of technology advancement in the science of mining and refining."For more information on the Critical Materials Institute, you can visit the websites of the U.S Department of Energy and Ames Laboratory . And for further information about Cytec Industries, please visit http://www.cytec.comCorporate 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.Trademark Notice: The ® indicates a Registered Trademark in the United States and the ™ or * indicates a Trademark in the United States. The mark may also be registered, the subject of an application for registration or a trademark in other countries.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 partMedia Contacts
Jodi Allen
Investor Relations
Tel: 1.973.357.3283
jodi.allen@cytec.com
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In Process Separation Marketing Communications
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