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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 ...
Most of the chemical businesses of American Cyanamid are operated by a spun-off successor company known as Cytec. Cytec was acquired by Solvay Group in December 2015 to form the Cytec Solvay Group based in Brussels, Belgium. The American Cyanamid compound in Wayne, New Jersey later served as the headquarters of Toys "R" Us.
Margins matter. The more Cytec Industries (NYS: CYT) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Allnex was established in 2013 after Advent International acquired the Coating Resins Division as a divestiture from Cytec Industries. [2] In September 2016, Allnex and Nuplex Industries, a global manufacturer of resins, were merged to form one company, which has its corporate center in Frankfurt am Main, Germany.
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Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut.The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics (founded 1948), Ciba Composites (acquired 1995) and Hercules Composites Products Division (acquired 1995).
In August 2000, the company launched PolymerAdditives.com, a business-to-business internet joint venture with Cytec Industries and General Electric to provide materials faster and more efficiently directly from trusted suppliers. [10] [11] In 2001, it acquired Martinswerk GmbH, which it sold in 2016. [12]