| | Business Summary | | Cytec
Industries
Inc.
is
a
global
specialty
chemicals
and
materials
company
that
focuses
on
value-added
products.
The
Company
serves
major
markets
for
water
and
wastewater
treatment,
mining,
automotive
and
industrial
coatings,
plastics,
chemical
intermediates
and
aerospace
adhesives
and
advanced
composites.
The
Company
operates
in
four
segments,
Water
and
Industrial
Process
Chemicals,
Performance
Products,
Specialty
Materials
and
Building
Block
Chemicals.
In
addition,
the
Company
has
a
50%
interest
in
each
of
three
unconsolidated
associated
companies,
a
one-third
interest
in
a
fourth
and
had
a
50%
interest
in
a
fifth,
Criterion
Catalyst
Company
LP,
through
July
10,
2000.
The
associated
companies
had
aggregate
net
sales
of
$496.3
million
and
a
gross
profit
of
$99.1
million
in
2000.The
Company's
major
customer
is
the
Boeing
Company
and
its
subsidiaries. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Cytec
Industries
develops,
manufactures
and
markets
specialty
materials,
water
and
industrial
process
chemicals,
performance
products,
and
building
block
chemicals
to
serve
a
broad
group
of
end
users,
including
water
treatment,
paper,
aerospace,
recycling,
plastics,
and
automotive
groups.
For
the
six
months
ended
6/30/01,
revenues
fell
4%
to
$730.2
million.
Net
income
fell
48%
to
$38.1
million.
Results
reflect
lower
Water
and
Industrial
Process
Chemicals
sales
and
higher
energy
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| David Lilley, 54
Chairman,
CEO, Pres | $2.2M | -- | J. Cronin, 47
CFO,
Exec. VP | 930K | -- | E. Jackman, 55
VP,
Gen. Counsel, Sec. | 648K | $303K | Mark Andrekovich, 39
VP
of HR | 707K | -- | William Clearly, 54
VP
of Investor Relations | -- | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cyt.gif)