Altana Expanded Production at Plant in Wallingford
CHEMMONITOR.COM - A business unit of Germany-based chemical company Altana, BYK USA, expanded a production capacity of its plant located in Wallingford (Ct., USA), thereby strengthening its additives production capabilities in the USA. The company invested USD 50 million in the project. In terms of a single investment outside Germany, this is the largest financial contribution implemented by Altana so far. Approximately 87% of company’s sales are generated by foreign countries. Major export markets are Europe, the United States, and the Far East.