Altana AG

BYK Completes $50 Million Expansion Of Chemical Additive Plant In Wallingford

— BYK USA Inc. on Thursday celebrated the opening of its new three-story factory that mixes chemicals to make additives used in paint and other products.

The $50 million project allows the chemical company to more than double its production of about 560 additives for paint, coatings, adhesives, cosmetics, printing ink, plastics and oil-and-gas exploration. More than half of the company's output is sold to paint manufacturers. Some additives keep paint from bubbling or allow it to be spread evenly on a wall.

"These additives are part of our everyday lives … an example I like to use is paint on the wall," Dirk Plas, president of BYK USA Inc., said at a media conference...