Cytec Industries Inc. has announced that it is increasing off-list prices on its CYMEL®, MELMAC®, BECKAMINE® and UFORMITE® amino resins by $0.10/lb. It is also increasing both list and off-list prices on its PHENODUR® phenolic resins by $0.12/lb.
The price increases will take effect on all shipments in North and South America on or after May 1, 2008, or as contracts allow, and will be in addition to the previously announced methanol surcharge, which became effective January 1, 2008.