Cytec Industries reported second quarter operating earnings of $28m against an operating loss of $19.2m in the same period last year.
The US chemical company's coating resins sales also increased by 25% to $369m and its operating profit rose to $28m, Cytec said.
During the quarter, the company's overall selling volumes in coating resins were up by 27% compared with figures for the second quarter of 2009.
Cytec said its building block chemicals sales increased by 89% to $172m while engineered materials sales rose by 10% to $196m.
The company's net earnings for the six months ending 30 June 2010 were $86.6m on sales of $1.6bn, it said.
