Cytec to sell its share of CYRO.
Cytec Industries Cytec Industries is a specialty chemicals and materials technology company with pro-forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Cytec is a result of its spin-off from American Cyanamid Company. Inc., West Paterson West Paterson (păt`ərsən), borough (1990 pop. 10,982), Passaic co., NE N.J., a suburb of Paterson; inc. 1914. Electric, electronic, and photographic products are made in the borough. , N.J., will sell its 50% share of CYRO Industries Inc., Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail , N.J., to its joint-venture partner, Degussa Specialty Polymers of Germany. CYRO, a producer of acrylic resins and copolymers, was created in 1976 by Cytec and Rohm GmbH of Germany, now part of Degussa.
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