Cytec Industries Inc. (Cytec) is a specialty chemicals and materials company focused on developing, manufacturing and selling value-added products. Cytec has four business segments: Engineered Materials, In-Process Separation, Additive Technologies, and Coating Resins. Its products serve a diverse range of end markets, including aerospace composites, structural adhesives, automotive and industrial coatings, electronics, inks, mining and plastics. It uses its technology and application development expertise to create chemical and material solutions that are formulated to perform specific and important functions for its customers. As of December, 31, 2011, it owned a 50% interest in SK Cytec Co., Ltd. On February 28, 2011, the Company completed the sale of substantially all of the assets and certain liabilities of its Building Block Chemicals business to Cornerstone Chemical Company.