Byk opens new site in Shanghai
Byk is expanding its presence in Asia through a significant investment in China. The second integrated site is designated to better serve the needs of customers locally.
Byk is expanding its operations in the Shanghai region to meet the anticipated growth in demand in the key Chinese market. The Asia region accounts for one third of sales, and has made a substantial contribution to Byk in past decades. The new, integrated site is fully aligned to the needs of Byk’s development partners and customers.
The new five-hectare site in Shanghai (around 54,000 sq.m.) is home to laboratories, a distribution center, and administration and was constructed in just two years. Byk invested around 38 million euros. Some 100 employees will work here it is in full operation.
Each year, Byk invests 7 to 8 percent of its revenue in research and development.
