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Cytec Coating Resins renamed Allnex
8:09 AM MDT | May 31, 2013 | Natasha Alperowicz
Cytec Coating Resins has been renamed Allnex, the company announced today. This move follows the divestment of Coating Resins Cytec Industries to Advent International, first announced in October 2012. The adoption of the new name is the first step in establishing a new corporate identity, the company said. The acquisition of the business by Advent for $1.15 billion was finalized in April. Allnex is a global company with sales of $1.5 billion. It is a leading supplier of resins for architectural applications, industrial, original equipment...
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