BYK Builds Integrated Site in Shanghai
July 31, 2017
BYK Additives & Instruments has invested more than €30 million in an integrated site in Shanghai Chemical Industry Park in Shanghai. According to BYK, the location will combine R&D, technical services, logistics, and administrative functions under one roof, and will form the basis for the continued expansion of BYK’s business operations in Greater China and the whole Asia-Pacific region.
“As a major step forward for our company, the construction of the integrated site in Shanghai is of strategic significance for the future long-term development of BYK and the ALTANA Group at large. This investment will ensure our long-term leadership in terms of R&D, customer services, manufacturing, and logistic capabilities, providing optimum products and services to our customers,” said Dr. Fu Dechun, managing director BYK Greater China.
“We will be equipping the labs with advanced chemical synthesis equipment and precision analytical instruments and bolstering the local R&D team. We also plan to gradually introduce the latest technologies, customizing products to meet local customers’ needs,” said Gerd Judith, managing director BYK Additives & Instruments.
The construction site, which covers an area of over 50,000 square meters, is scheduled to become operational in the second half of 2018.