Mubadala, CYT Form Strategic Collaboration

Mubadala Development (Mubadala) and Cytec Industries (CYT) have entered into a strategic collaboration agreement. The collaboration will support the establishment of an advanced aerospace material ecosystem in the Unite Arab Emirates (UAE). The two companies will evaluate creation of pre-preg manufacturing capabilities, applications development capabilities and people development in the UAE, with the assistance of aircraft manufacturers. "This collaboration with Cytec will contribute positively to Mubadala's efforts in creating a complete aerospace supply chain in Abu Dhabi," said Homaid Al Shemmari, executive director, communications technology and defense services, Mubadala Aerospace.

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