Who owns Cytec?

Who owns Cytec?

Solvay S.A.
Cytec Industries/Parent organizations

What does Cytec do?

Cytec is a result of its spin-off from American Cyanamid Company. It makes resins, plastics, and composite materials, especially for the aerospace industry and other users of specialty materials.

When did Solvay buy Cytec?

December 9, 2015
Brussels, December 9, 2015 — Solvay has successfully completed the acquisition of Cytec and will immediately begin the integration of Cytec’s businesses to deliver cost synergies and capture significant business opportunities in advanced lightweighting materials for the aerospace and automotive industries and in …

Who bought Cytec Industries?

Solvay
Making a push into advanced composites for the aerospace and automotive industries, the Belgian specialty chemical maker Solvay has agreed to acquire New Jersey-based Cytec Industries for $5.5 billion.

Does Solvay own Cytec?

Brussels, July 29, 2015 — Solvay has entered into a definitive merger agreement with U.S.-based Cytec to acquire 100% of its share capital for US$ 75.25 per share in cash. This acquisition will create value for our stakeholders and will support our ambition to become a leader in sustainable chemistry.

What products does Solvay make?

Solvay offers a wide range of products and solutions designed for enterprises and small businesses across a variety of industries.

  • Amines.
  • Antioxidants and Stabilizers.
  • Barium and Strontium Derivatives.
  • Calcium and Magnesium Derivatives.
  • Composites.
  • Flavors and Fragrances.
  • Fluorine Derivatives.
  • Lithium Derivatives.

Who bought American Cyanamid?

BASF AG
BASF AG signed an agreement to buy American Home Products Corp.’s Cyanamid agricultural-products unit for $3.8 billion plus the assumption of certain debt. People familiar with the matter said the deal included about $100 million in assumed debt.

Where is Solvay based?

Solvay is an international chemical company founded in 1863, with its headquarters in Neder-Over-Heembeek, Brussels, Belgium.

What is Solvay novecare?

Solvay Novecare is a worldwide leader in specialty surfactants and a major player in polymers, amines, guar, and phosphorus derivatives. It engineers products that modify fluid behavior and deliver cleansing, dispersal, gelling, moisturizing, penetrating, softening or texturizing properties.

Is Solvay a good company to work for?

Solvay provides a great balance between home and work and is a great company to work for. Very competitive pay and premium benefits. In light of the current situation due to covid 19 the company was forced to layoff like so many in this trying time. But believe to be one of substantial security and advancement.

What industry is Solvay?

Chemicals
Solvay S.A.

Type Public
Industry Chemicals
Founded 1863
Founder Alfred and Ernest Solvay
Headquarters Neder-Over-Heembeek, Brussels, Belgium

Where is American Cyanamid?

New Jersey
The American Cyanamid Superfund Site is located in Bridgewater Township, New Jersey and was added to the National Priorities List in 1983 after contamination was found at the site.

Who owns Cytec? Solvay S.A. Cytec Industries/Parent organizations What does Cytec do? Cytec is a result of its spin-off from American Cyanamid Company. It makes resins, plastics, and composite materials, especially for the aerospace industry and other users of specialty materials. When did Solvay buy Cytec? December 9, 2015 Brussels, December 9, 2015 — Solvay…