ALTANA More Than Doubles Production Capacity for BYK Additives in the United States
WALLINGFORD, CT/WESEL, Germany – The specialty chemicals group ALTANA announced the grand opening of its BYK USA Inc. expanded facility in Wallingford, CT, on June 5. With this state-of-the-art plant, BYK more than doubles production capacity in the United States and increases worldwide supply chain security for its additives.
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, ALTANA AG. “With this expanded facility, we will accelerate our growth in North America.”