Altana Increases BYK Production Capacity in the U.S.
The specialty chemicals group Altana AG, Wesel, Germany, announced the grand opening of its BYK USA Inc. expanded facility in Wallingford, Connecticut on June 5. With this state of the art plant, BYK more than doubles production capacity in the U.S. and increases worldwide supply chain security for its additives.
The expansion project represents a USD 50 million investment from Altana, the largest single investment the Group has made outside of Germany. Currently, Altana operates eight subsidiaries, 18 production facilities and 19 laboratories in the U.S. With more than 1,000 employees here, the company generated sales of around EUR 290 million, or 16 % of its entire global business in 2013.
“This expansion enables us to efficiently service our U.S. customers with an enhanced portfolio of BYK additives manufactured in a facility built to the highest standards of safety”, said Dirk Plas, President, BYK USA Inc. “We are fully committed to investing in our customers’ future and to growing our business.”
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Looking for a new challenge? Check out our jobs market!
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.