Cytec Increases Price of Amino Resins

WEST PATERSON, N.J.—Cytec Industries Inc. is increasing prices in North and South America on its CYMEL, MELMAC, BECKAMINE, and UFORMITE amino resins. The increases will take effect on all shipments on or after Nov. 1, 2007, or as contracts allow.

These increases will apply as follows:
$0.06/lb for conventional melamines and conventional ureas
$0.012/lb for conventional benzoguanamines and high-solids HMMM
$0.15/lb for high-solids glycolurils
$0.16/lb for high-solids melamines
$0.30/lb for high-solids benzoguanamines

Cytec reports that all of the increases are necessary to offset the continued escalation in the costs of raw materials, labor, energy, and transportation.