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BYK inaugurated a new $50 million production and research facility in Gonzales, Texas, along with a new R&D center, wastewater treatment plant, evaporator and thermal oxidizer, and other equipment, as part of its goal to be CO2-neutral by 2025.
BYK, a division of ALTANA, opened a new integrated site in Shanghai Chemical Industry Park, China, housing laboratories, a distribution center, and administration. The investment was around 38 million euros, and the site employs about 100 people.
BYK will invest $50 million to expand its facility in Gonzales, Texas, increasing capacity for Garamite rheology additives and adding a new R&D facility for a global competence center. The project includes infrastructure upgrades.
| Site | Largest | Latest |
|---|---|---|
| Gonzales, United States | $50.0M | 2020-03-27 |
| Shanghai Chemical Industry Park, China | $42.7M | 2019-04-09 |