Cytec plants remain closed after Hurricane Katrina

09/09/2005
Multi-national specialty chemical company, Cytec Industries Inc., whose products are used in a broad range of industries including textiles, footwear and water treatment, is in the process of recovery operations at two manufacturing facilities in Louisiana and Alabama that were severely disrupted by hurricane Katrina. The Building Block Chemicals’ Fortier plant outside of New Orleans is currently shut down and the Cytec Performance Specialties facility in Mobile, Alabama, is expected to be operational this weekend.

The Louisiana plant was damaged by Hurricane Katrina’s high winds but did not experience flooding. The plant was shut down before the storm hit. It does not have electric power except from emergency generators. Operations management and a recovery team are on site assessing the damage and contacting suppliers to re-establish the customer supply chain.
The Mobile plant has assessed site damage and begun repairs. Electrical power has been fully restored and operating personnel are back on site. There continue to be manufacturing issues caused by raw material availability and transportation difficulties but the plant is expected to be restarted this weekend.
Our first concern has been the safety and security of all affected Cytec employees,” said chairman, president and CEO, David Lilley. We have heard from most of our employees and they are safe for which we are tremendously grateful. We are providing them with additional support in their time of need and anxiously waiting to hear from those unaccounted for.”

The company made an immediate donation of $50,000 to the American Red Cross and, in addition, will match employee donations to the American Red Cross up to a further $50,000.