Cytec makes up for the increase in raw material costs to increase chemical product prices

Drying equipment

Cytec Industries announced on March 28 that it will increase the prices of acrylate monomers, oligomers and acrylic resins sold in North America and Latin America. The price increase will take effect from April 15 or be executed according to the contract. Cytec said that this move is to make up for the increase in raw material costs.

A Crane is a type of machine, generally equipped with a hoist rope, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It is mainly used for lifting heavy things and transporting them to other places. The device uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of a human. Cranes are commonly employed in the transport industry for the loading and unloading of freight, in the construction industry for the movement of materials, and in the manufacturing industry for the assembling of heavy equipment.

Cranes exist in an enormous variety of forms – each tailored to a specific use. Sizes range from the smallest jib cranes, used inside workshops, to the tallest Tower Cranes, used for constructing high buildings. Mini-cranes are also used for constructing high buildings, in order to facilitate constructions by reaching tight spaces. Finally, we can find larger floating cranes, generally used to build oil rigs and salvage sunken ships.



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