Now on to Slide 6. Additive Technologies had sales of $68 million in the quarter, down about 4% from the first quarter last year. The sales decline was driven by selling volume decreases of 8% in the segment with the largest decrease in Specialty Additives due largely to weak demand in European industrial markets. On the positive side, selling prices in the segment increased by 5%, largely as a result of the increases implemented in the prior year to cover rising raw material cost.
Cytec Industries' CEO Discusses Q1 2012 Results - Earnings Call Transcript
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