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Cytec Industries' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Cytec Industries (CYT)

Q1 2012 Earnings Call

April 20, 2012 11:00 am ET

Executives

Jodi Allen -

Shane D. Fleming - Chairman, Chief Executive Officer and President

David M. Drillock - Chief Financial Officer, Vice President and Chief Accounting Officer

Analysts

P.J. Juvekar - Citigroup Inc, Research Division

David L. Begleiter - Deutsche Bank AG, Research Division

Michael J. Sison - KeyBanc Capital Markets Inc., Research Division

Lucy Watson - Jefferies & Company, Inc., Research Division

John P. McNulty - Crédit Suisse AG, Research Division

Robert Koort - Goldman Sachs Group Inc., Research Division

Dmitry Silversteyn - Longbow Research LLC

Presentation

Operator

Good day, and welcome to the Cytec Industries First Quarter 2012 Earnings Conference Call. Today's call is being recorded. For opening remarks and introductions, I would like to turn the conference over to Ms. Jodi Allen. Please go ahead.

Jodi Allen

Thank you, Katrina, and good morning, everyone. We appreciate your participation in our conference call. On our call today, Shane Fleming, Chairman, President and Chief Executive Officer, will provide an overview of operations; and Dave Drillock, Vice President and Chief Financial Officer, will review the financial results and the special items noted in our press release. Shane will then finish with some commentary on our outlook for 2012.

Let me remind you that we also announced a change in our business reporting structure in a separate press release yesterday. The product lines within the scope of the Coating Resins separation evaluation are now under common management and grouped into one financial reporting segment. All results shared with you today are representative of the new structure.

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