10 November 2015
10 November 2015
Cytec Industries has signed an exclusive Distribution Agreement between Cytec Process Materials and Bang & Bonsomer Group.
The Agreement covers the Russian, Ukraine and Belorussia territory and all Cytec Process Materials products.
“We see Cytec as the market leader in advanced process materials for aerospace and industrial composites. The agreement will further strengthen Bang & Bonsomer’s position as the R&D and technology partner for the composites industry in the region of Russia, Ukraine and Belorussia,” said Mikko Teittinen, CEO for Bang & Bonsomer Group.
Cytec says it has committed to an expanding presence in aerospace, wind energy and industrial markets as part of the global Process Materials strategy. It explains that establishing the exclusive distribution agreement with Bang & Bonsomer will ensure that it continues to develop business in Russia, Ukraine, Belorussia, working with locally based partners in the composites industry, while offering them the consistent high level of customer service that they associate with Cytec, worldwide.
“This agreement is a great achievement in expanding our market coverage and supports our commitment to the Russian, Ukraine and Belorussian markets,” said Tony Steels, Business Director for Cytec Process Materials.
Web Industries has signed a letter of intent with East Forty to purchase 12 acres of land for a manufacturing plant in Marysville, Washington, north of Seattle, US.
ITASA has successfully initiated production at its new plant located in Querétaro, Mexico.
Solvay has signed a long term agreement with Safran for the supply of high temperature composites and adhesives. Safran will use these advanced materials on several of their critical engine components.