BYK Additives Altana More Than Doubles Production Capacity for BYK Additives in the U.S
The specialty chemicals group Altana announced the grand opening of its BYK USA expanded facility in Wallingford, Connecticut. 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 company said.
Wesel/Germany – The expansion project represents a $50 Million investment from Altana, the largest single investment the Group has made outside of Germany.
“Today marks a very important moment in Altana’s growth strategy,” said Dr. Matthias L. Wolfgruber, CEO. “With this expanded facility we will accelerate our growth in North America.”
Currently, the company 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 € 290 million, or 16 percent 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 “We are fully committed to investing in our customers’ future and to growing our business.”
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