Cytec Industries
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
| File:Cytec Logo.svg | |
| Company type | Subsidiary |
|---|---|
| NYSE: CYT | |
| Industry | Chemicals, Materials, Aerospace, Automotive and Coatings |
| Founded | 1907 - American Cyanamid Company, 1993 - Cytec |
| Headquarters | Woodland Park, New Jersey, United States |
Area served | Worldwide |
Key people | Shane D. Flemming (President and CEO) |
| Revenue | Increase US$ 1.90 billion (2013)[1] |
Number of employees | 6,600+ (2012) |
| Subsidiaries | Cytec Engineered Materials |
| Website | http://www.cytec.com |
Cytec Industries Incorporated, based in Woodland Park, New Jersey was a speciality chemicals and materials technology company with pro-forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Cytec is a result of its spin-off from American Cyanamid Company. It makes resins, plastics, and composite materials, especially for the aerospace industry and other users of specialty materials. It was listed in NYSE with stock symbol "CYT".
In 2012, Cytec had about 6,600 employees[2] in Europe, North and South America, Asia and Australia.
In December 2013, Cytec Industries entered into a tactical partnership with Mubadala Development Company.[3]
In July 2015, Solvay announced its intent to acquire Cytec for a purchase price of US$5.5 billion.[4] In November 2015, Cytec Industries has obtain a shareholder's stake in Penso Holdings.[5] In December 2015, Solvay successfully completed its acquisition of Cytec. Financing consists of the issuance of around €4.7 billion senior and hybrid bonds and the ongoing €1.5 billion right issue.[6]
References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
External links
[edit | edit source]- Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).
- Companies formerly listed on the New York Stock Exchange
- Chemical companies of the United States
- Companies based in Passaic County, New Jersey
- Woodland Park, New Jersey
- Companies based in Stamford, Connecticut
- 2015 mergers and acquisitions
- American subsidiaries of foreign companies
- Corporate spin-offs
- United States manufacturing company stubs