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Chemical producer Cytec of Woodland Park drops after aerospace demand sags

2015-07-18 16:30:57| Chemicals - Topix.net

Cytec Industries Inc. of Woodland Park dropped the most in more than three years as the world's second-largest maker of carbon-fiber materials for airplanes was hit by lower demand and unfavorable exchange rates. The shares fell 5.4 percent to $57.15 at 11:46 a.m. in New York after earlier slumping 6.9 percent, the biggest intraday drop since May 17, 2012.

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