BRIEF-Cytec increases stock buyback authorization to $650 mln

Oct 9 (Reuters) - Cytec Industries Inc :

* Cytec increases stock buyback authorization to $650 million

* Approval by the company's board of directors of an additional $452 million

stock buyback authorization

* Expects to fund program with art of cash proceeds from sale of coating resins

business expected in Q1 2013

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