BYK Holds Groundbreaking for New Shanghai Site
The company is investing over €30 million (approximately $35.1 million) in the new site.
BYK Additives & Instruments recently held a groundbreaking ceremony for its new integrated site located in Shanghai Chemical Industry Park. The company is reportedly investing over €30 million (approximately $35.1 million) in the new site, which combines R&D, technical services, logistics, and administrative functions under one roof.
"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 logistics capabilities, providing optimum products and services to our customers," said Fu Dechun, PhD., managing director, BYK Greater China.
For more information, visit www.byk.com.