IHS Chemical Week

Regions :: North America :: U.S.

Cytec’s Earnings Dip; CEO Announces Retirement

10:12 AM MDT | October 17, 2008 | Nancy Seewald

Cytec Industries reported third-quarter earnings of $46.3 million, down 11% from the same period last year. Results included an after-tax charge of $4.9 million related to employee reductions in its specialty chemical business and the company’s planned closure of its Pampa, TX site. The year-ago quarter included an after-tax restructuring charge of $2.2 million, and a tax benefit of $3.5 million. Sales rose 10%, to $963 million. Separately, David Lilley, Cytec’s chairman and CEO, plans to retire effective December 31. Cytec has elected Shane Fleming...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa