Type | Public |
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Traded as | NYSE: CYT Berliner Börse: CZM |
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 | US$ 2.75 billion (2010) |
Employees | 5,000+ (2010) |
Subsidiaries | Cytec Engineered Materials |
Website | http://www.cytec.com |
Cytec Industries Incorporated, based in Woodland Park (formerly named West Paterson until January of 2009) is 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. Its growth strategies are based on developing technologically advanced customer solutions for global markets, including aerospace, coatings, mining, plastics and water treatment.
The motto for Cytec is "Delivering Technology Beyond Our Customers' Imagination ".[1]
Cytec currently has about 5,800 employees in Europe, North and South America, Asia and Australia. It is listed in NYSE with stock symbol "CYT".