Byk opens new site in Shanghai
Byk is expanding its operations in the Shanghai region and has opened a new site. The company said that Asia accounts for one third of sales, and has made a substantial contribution in past decades. The five-hectare site in Shanghai (around 54,000 sqm) is home to laboratories, a distribution center, and administration and was constructed in just two years. BYK invested around EUR 38 million. Some 100 employees will work here it is in full operation.
“The new site will significantly enhance our presence in the Chinese market, and will enable us to focus on individual customer solutions in the growing Asian market,” declared Martin Babilas, CEO of Altana AG, during the opening ceremony. “The new and ultra-modern facility is embedded in the Shanghai Chemical Industry Park (SCIP) where we enjoy, ideal framework conditions for our innovative, differentiated additive solutions.”
Byk offers a broad range of processing additives for PU foam, thermoplastics, and rubbers.