Wesel (Germany), October 1, 2013
BYK Extends Management Team in Wesel
With today's completion of the acquisition of the rheology business of Rockwood Holdings, Inc., ALTANA's BYK Additives & Instruments division has announced the following addition to its management team.
In order to underline the particular importance attributed to the acquisition and to optimally and smoothly manage the integration of the business, BYK-Chemie GmbH, Wesel, extends its management team to include Frank B. J. Wright from October 1, 2013. Frank Wright, previously managing director of the newly acquired Rockwood business, will actively accompany and support the integration process of the rheology business into the BYK Additives and Instruments division. In his function as new managing director of BYK, Wright's responsibilities will include the management of the new Oilfield business line and the existing Industrial Applications business line. "With the acquisition our business has become even more international, and this is also reflected in the fact that we have appointed Frank Wright to the now international management team of BYK," said Dr. Christoph Schlünken, President Division BYK Additives & Instruments.
BYK's new management team consists of Dr. Christoph Schlünken (Chairman), Albert von Hebel, Frank B. J. Wright, and Gerd Judith. Previously, Gerd Judith served as managing director of ACTEGA Rhenania, an affiliated company of BYK-Chemie GmbH.
The new management team of BYK-Chemie GmbH (left to right): Gerd Judith, Albert von Hebel, Frank B. J. Wright, and Dr. Christoph Schlünken (Chairman of the Management Board)
ALTANA develops and produces high-quality, innovative products in the specialty chemicals business. The ALTANA Group, with headquarters in Wesel/Germany, is a genuine “global player” with about 85% of its sales generated by international activities. The ALTANA Group has four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation, and ACTEGA Coatings & Sealants. All of these divisions occupy a leading position in their target markets with respect to quality, product solution expertise, innovation and service.
ALTANA offers innovative, environmentally compatible solutions with the matching specialty products for coating manufactures, paint and plastics processors, the printing and cosmetic industries, and the electrical and electronics industry. The product range includes additives, special coatings and adhesives, effect pigments, sealants and compounds, impregnating resins and varnishes, and testing and measuring instruments. At present, the ALTANA Group has 46 production facilities and more than 50 service and research laboratories worldwide. Throughout the group about 5,700 people work to ensure the success of ALTANA worldwide. In 2012, ALTANA achieved sales of more than 1.7 billion euros. Its impressive earning power and high growth rate make ALTANA one of the most successful and innovative chemical groups worldwide.
BYK Additives & Instruments is one of the world's leading suppliers in the additives and measuring instruments sector.
Approximately 87% of sales are generated by foreign countries. The major export markets are Europe, the United States, and the Far East.
Additives are chemical substances which, even in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized through the use of additives. The coatings, printing inks, and plastics industries are some of the main areas of application for BYK additives. And BYK additives also serve to improve product properties and production processes in paper surface finishing, or the production of adhesives and sealants, and in construction chemistry.
BYK testing and measuring instruments can quantify the quality of color and gloss, and the physical properties of paint, plastic and paper products. Instruments from BYK are predominantly used for quality control.
At present, BYK Additives & Instruments employs around 1,800 people worldwide, 25% of whom work in research and development departments or in technical laboratories.