Cytec Welcomes New
Chairman of the Board and CEO
Cytec Industries Inc. welcomed Shane Fleming as chairman of the board, president and CEO effective January 1st, 2009. As previously announced in October, Cytec’s board of directors elected Fleming to succeed David Lilley, who retired December 31, 2008. Fleming joined the Cytec predecessor company in 1983 in the mining chemicals group, and over the years has taken positions of increasing responsibility in the U.S., Australia and in the Asia Pacific region. In 2003, Fleming took global responsibility for Cytec’s specialty chemicals
Being a formulator is becoming much more difficult in light of increased regulatory pressures on common raw materials.
Formulators who develop coatings based on oxidatively cured (alkyd) binders face major regulatory obstacles for two key in…