Cytec Industries Inc. (NYSE: CYT) is on The StockGuru Leader Board today. The stock closed up 11.43% on Thursday.
Volume was 2,247,172 shares traded.
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About the Company:
Cytec Industries Inc., a specialty chemicals and materials company, engages in developing, manufacturing, and selling chemical products primarily for aerospace composites, structural adhesives, automotive and industrial coatings, electronics, inks, mining, and plastics markets. It operates in four segments: Engineered Materials, In-Process Separation, Additive Technologies, and Coating Resins. The Engineered Materials segment offers aerospace-qualified and industrial-grade prepregs, resin infusion systems, structural/surfacing adhesives, pressure sensitive adhesives, and formulated resins, and carbon fiber reinforcements. The In-Process Separation segment provides mining chemicals, including flotation promoters, collectors, frothers, dispersants and depressants, solvent extractants, flocculants, filter and dewatering aids, antiscalants, and defoamers; and phosphines comprising flame retardants, catalyst ligands, high purity phosphine gas, and biocides. The Additive Technologies segment offers polymer additives, such as ultraviolet light stabilizers and absorbers, high performance antioxidants, and antistatic agents; and specialty additives, including surfactants, specialty monomers, resin amines, and PTZ Phenothiazine (acrylic acid stabilizers). The Coating Resins segment provides specialty coating resins comprising coating additives and waterborne resins; conventional and ultraviolet curable powder coating resins; and industrial coating resins, such as solventborne resins, amino cross-linkers, monomers, and urethane resins. The company sells its products and services directly, as well as through distributors primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. Cytec Industries Inc. was founded in 1993 and is headquartered in Woodland Park, New Jersey.
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