What happened to Cytec?
Cytec’s composites businesses will be integrated into Solvay’s Advanced Materials operating segment. Its mining chemicals as well as its niche additives and phosphine specialty chemical businesses will become part of Solvay’s Advanced Formulations segment.
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. It was listed in NYSE with stock symbol “CYT”.
Who owns Cytec?
Solvay S.A.
Cytec Industries/Parent organizations
Is Cytec now Solvay?
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 American Cyanamid?
American Home Products Corp.
Ending a two-week hostile takeover struggle, American Cyanamid Co. consented Wednesday to be acquired by drug industry competitor American Home Products Corp. in a $9.7-billion deal.
What happened to American Cyanamid Company?
The bulk of the former company is now part of Pfizer, with smaller portions belonging to BASF, Procter & Gamble and other firms. Although originally a manufacturer of agricultural chemicals the product line was soon broadened into many different types of industrial chemicals and specialty chemicals.
When did the American Cyanamid close?
1999
American Home Products purchased the site from American Cyanamid in 1994, ceased manufacturing operations in 1999, and sold the plant to Wyeth Holdings Corporation. Products manufactured during the plant’s history included rubber chemicals, dyes, pigments, fungicides, petroleum-based products and pharmaceuticals.
Who owns American Cyanamid?
It was repeatedly reorganized after the mid-1990s, merged with other firms, and saw brands and divisions sold or spun off. The bulk of the former company is now part of Pfizer, with smaller portions belonging to BASF, Procter & Gamble and other firms.
What happened to Cyanamid?
American Cyanamid purchased the facility in 1929 and eventually expanded the plant’s size to 575 acres. American Home Products purchased the site from American Cyanamid in 1994, ceased manufacturing operations in 1999, and sold the plant to Wyeth Holdings Corporation.
What did American Cyanamid make?
Product lines. Cyanamid’s pharmaceutical division included “Lederle Laboratories”, maker of Piperacillin, an antibiotic drug used as a penicillin substitute; Centrum, a multivitamin supplement; Stresstabs vitamins; and Orimune, an oral polio vaccine.