in this issue
Markets :: Specialty Chemicals :: Paints and Coatings
Cytec closes sale of coating resins business to private equity firm
2:37 PM MDT | April 15, 2013 | —Vincent Valk
Cytec has closed the $1.15-billion sale of its coating resins business to private equity firm Advent International (New York). The deal, which was announced in October, completed a months-long divestiture process. “The sale of coating resins marks the completion of the transformation of Cytec’s portfolio and the beginning of a new Cytec,” says Cytec chairman and CEO Shane Fleming. “We are now able to focus on our growth platforms, comprised of advanced materials and separation technologies.” The coating resins business will take on a...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee