SIKA STRENGTHENS ITS PRESENCE IN ASIA PACIFIC
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Sika AG /
SIKA STRENGTHENS ITS PRESENCE IN ASIA PACIFIC
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As part of its growth strategy, Sika is further expanding its presence in the
Asia Pacific region by founding a subsidiary company in Myanmar and opening a
new production plant in Sri Lanka. This will help the company to further utilize
market potential and consolidate its strong position in one of the most
important growth regions.
The foundation of Sika Myanmar represents another milestone in the build-up of
operations in emerging markets. Sika has been supplying the Myanmar market with
high-quality products imported from neighbouring countries for many years. With
its own subsidiary Sika is now ideally positioned to serve the fast growing
construction sector and benefit from the extensive local investments in
infrastructure. With the new company in Myanmar, Sika now has subsidiaries in
91 countries around the world.
In a further development of its growth strategy, Sika is also expanding its
presence in Sri Lanka where it has opened a new concrete admixture plant in
Ekala. The factory will produce a range of high-end additives for the
construction industry, allowing Sika to supply the local market directly and be
part of the dynamic development of the construction activities in the country.
Sika's growth in emerging markets is an important part of the overall business
strategy to strengthen supply chains and improve customer access around the
world, resulting in locally available, high quality products for the
construction industry.
DATE April 2, 2015 CONTACT Dominik Slappnig
Corporate Communications &
SIKA AG Zugerstrasse 50 Investor Relations
6341 Baar, Switzerland TELEPHONE +41 58 436 68 21
www.sika.com E-MAIL slappnig.dominik(at)ch.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development
and production of systems and products for bonding, sealing, damping,
reinforcing and protecting in the building sector and the motor vehicle
industry. Sika has subsidiaries in 91 countries around the world and
manufactures in over 160 factories. Its approximately 17,000 employees generated
annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
Media Release:
http://hugin.info/100359/R/1908593/680184.pdf
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Source: Sika AG via GlobeNewswire
[HUG#1908593]
Unternehmensinformation / Kurzprofil:
Datum: 02.04.2015 - 14:30 Uhr
Sprache: Deutsch
News-ID 383194
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contact information:
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