BYK Opens Site in Shanghai
April 23, 2019
BYK has expanded it operations in the Shanghai region to meet the anticipated growth in demand in the key Chinese market, the company reported. According to BYK, the Asia region accounts for one third of sales, and has made a substantial contribution to BYK in past decades.
“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. 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,” said Martin Babilas, CEO of ALTANA AG.
“Creating customer value is the core of our strategy at BYK. Optimum technical laboratory support, product innovations, and fast, reliable supply chains play a crucial role in this strategy. Thanks to the facility being opened today, we can offer our Chinese customers more direct services, as well as differentiated products that will provide an additional impetus to our business in the region,” explained Stephan Glander, BYK Division President.
The five-hectare site in Shanghai (around 54,000 square miles) is home to laboratories, a distribution center, and administration. BYK reportedly invested around 38 million euros, and some 100 employees will work at the location when it is in full operation.