BYK Additives & Instruments expands in North America

Published: October 31, 2012 6:00 am ET

Related to this story

Topics Materials, Machinery

WALLINGFORD, CONN. (Oct. 31, 11:40 a.m. ET) — BYK USA Inc., a manufacturer of color-measurement instruments and plastic additives, has started work on a new three-story production plant in Wallingford.

The 36 million euro ($47 million) project is the company’s largest investment ever outside Germany, the firm said in a news release. The project is scheduled for completion in 2014.

“This investment in Wallingford underlines once again our aspiration to grow on the North American market and to produce as many products as possible locally,” said Roland Peter, president of BYK Additives & Instruments, in a news release.

BYK is part of specialty chemical company Alanta AG of Wesel, Germany.

Wesel-based BYK Additives & Instruments said about 87 percent of its sales are generated outside Germany, with major export markets in Europe, the United States and the Far East.

The company’s additives improve product properties such as scratch resistance or surface gloss and optimize manufacturing processes.

BYK instruments quantify the quality of color, gloss and physical properties of paint, plastic and paper products.


Comments

BYK Additives & Instruments expands in North America

Published: October 31, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Styrolution will open new production late 2014

July 30, 2014 12:54 pm ET

Germany-based styrenic materials group, Styrolution, has announced it is expanding its facility in Ludwigshafen, Germany.    More

Unipex Group buys Ferguson Chemical Innovation

July 29, 2014 1:57 pm ET

Chemical distributor Unipex Group Inc. announced July 29 that it had purchased Ferguson Chemical Innovation, a Brampton, Ontario-based supplier of...    More

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Dow sees solid second quarter performance

July 29, 2014 11:19 am ET

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.
More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events