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CYTEC IND INC, (CYT) Stock Research Free Stock Rating
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Cytec Industries, Inc. engages in the manufacture and sale of various chemical products. The company operates in four segments: Water and Industrial Process Chemicals, Performance Products, Specialty Materials, and Building Block Chemicals. The Water and Industrial Process Chemicals segment produces water treating and mining chemicals, as well as phosphine and phosphorous specialties. The water treatment chemicals include flocculants, coagulants, filter aids, drilling fluids and production chemicals, and scale inhibitors that are used mainly in water and wastewater treatment. The mining chemicals consist of promoters, collectors, solvent extractants, flocculants, and frothers used principally in mineral separation processing. The phosphine and phosphorous specialties include solvent extractants, flame retardants, catalyst ligands, high purity phosphine gas, and biocides that are used for mineral processing, as well as for pharmaceutical, chemical, and electronic manufacturing. The Performance Products segment produces coatings chemicals, performance chemicals, and polymer additives. The coatings chemicals consist of amino resins, additives, urethanes, and carbamates that are primarily used in industrial coatings and paints for appliances and automobiles. The performance chemicals include adhesion promoters, surfactants, specialty, monomers, urethanes, carbamates, acrylic, and stabilizers that are used in adhesives and sealants, inks, electrical and electronic products, textiles, and tires. The polymer additives comprise ultraviolet light stabilizers and absorbers, and antioxidants and antistatic agents that are primarily used in plastics, coatings, and fibers. Specialty Materials segment manufactures and sells aerospace materials that are used primarily in commercial and military aviation, satellite and launch vehicles, and aircraft brakes, as well as in formula-1 racing cars and luxury sports cars. Building Block Chemicals segment offers acrylonitrile, hydrocyanic acid, acrylamide, sulfuric acid, and melamine. The company sells its products to aerospace, water treatment, mining, automotive, industrial coatings, plastics, and chemical intermediatary markets principally in North America, Latin America, Asia, Europe, and Africa. Cytec Industries was incorporated in 1993 and is headquartered in West Paterson, New Jersey.
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