Cytec Coating Resins sales increased 18% to $404 million; Operating Earnings increased to $18.8 million.In Coating Resins, overall selling volumes were up by 5% versus the first quarter 2010, due to strong demand driven by powder and waterborne resins. Selling prices increased by 12% in response to higher raw material costs while the impact of changes in exchange rates increased sales by 1%.
Cytec Announces First Quarter 2011 Results
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