The effect of the new supply agreements at market pricing, and actions by the Company to offset its impact have been included in Cytec’s recently issued earnings from continuing operations guidance for 2011.Mr. Fleming added, “This transaction moves us forward on our strategy of having a greater portion of our portfolio oriented towards specialty growth businesses and allows us to increase our focus on driving organic growth plus pursue potential bolt-on or technology acquisitions in our growth platforms.”
Cytec Announces Agreement To Sell Building Block Chemicals Business
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