SIKA OPENS TWO NEW FACTORIES IN SOUTHEAST ASIA
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SIKA OPENS TWO NEW FACTORIES IN SOUTHEAST ASIA
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Sika is systematically implementing its Strategy 2018 by entering into new
markets and opening 6 to 8 factories a year, and has now further expanded its
presence in Southeast Asia. With one new production plant for concrete
admixtures in Myanmar and another one in Cambodia, Sika is increasing its
proximity to customers in these growing markets and continuing its successful
expansion.
The new production facility in Myanmar represents a milestone. As the first
construction chemicals supplier in the country, Sika is manufacturing locally in
a factory near to Yangon.
Heinz Gisel, Regional Manager Asia/Pacific: "By establishing a local production
facility, Sika is setting new standards in customer proximity, product quality
and direct market development. Customers benefit from short production and
delivery times, as well as concrete admixture compositions that are tailored to
the local raw materials."
Core business concrete admixtures
Sika's additives for high-performance concrete have to date been used in
construction projects such as Hanthawaddy International Airport and the
"Friendship" bridge connecting Myanmar and Laos. The latest construction project
currently being carried out with the help of Sika products in Yangon is the Lake
Suites project, which combines offices, a hotel and apartments in one
development.
Strong competitive position
By opening a new production plant for concrete admixtures in Phnom Penh, Sika is
tapping into further potential in Cambodia's booming construction industry,
which grew by 20% in 2015. The whole country lacks infrastructure, while the
younger generation is growing and moving to the cities. This is resulting in
more investments, particularly from China, Korea and Japan, which are investing
heavily in shopping centers, hotels and infrastructure and residential
construction projects close to the capital. With its new local production
facilities, Sika is meeting the growing demand for high-quality construction
products even better, and is consolidating its leading market position in the
country.
CONTACT
Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21
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 protection in the building sector and automotive industry. Sika
has subsidiaries in 93 countries around the world and manufactures in over 170
factories. Its approximately 17,000 employees generated annual sales of CHF
5.49 billion in 2015.
The media release can be downloaded from the following link:
Sika's new plant in Myanmar:
http://hugin.info/100359/R/1984429/727487.jpg
Media Release:
http://hugin.info/100359/R/1984429/727486.pdf
Production Team in Sika's new plant in Cambodia :
http://hugin.info/100359/R/1984429/727488.jpg
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Source: Sika AG via GlobeNewswire
[HUG#1984429]
Unternehmensinformation / Kurzprofil:
Datum: 09.02.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 449436
Anzahl Zeichen: 4044
contact information:
Town:
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Kategorie:
Business News
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