SIKA OPENS NEW PRODUCTION PLANT IN AUSTRALIA

SIKA OPENS NEW PRODUCTION PLANT IN AUSTRALIA

ID: 483296

(Thomson Reuters ONE) -
Sika AG /
SIKA OPENS NEW PRODUCTION PLANT IN AUSTRALIA
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The issuer is solely responsible for the content of this announcement.

With the opening of a new production plant in Bibra Lake near Perth, Sika is
paving the way for future growth in Western Australia. The new site will
increase capacities for concrete admixtures and synthetic fibers, improve
finished goods warehousing and logistics and accommodate future mortar
production facilities.

The new Bibra Lake site will strengthen Sika's presence on Australia's west
coast and lay the foundations for further growth in this region. The facility
combines two existing plants and three regional warehouses that had reached the
limit of their capacity.

Heinz Gisel, Regional Manager Asia/Pacific: "The new production and logistic
site on the Australian west coast will allow us to optimize manufacturing
processes and logistics, capitalize on synergy potential and increase production
volumes. By developing and expanding the product portfolio, we are responding to
the strong demand from our customers in Western Australia and consequently
implement our Strategy 2018."

SIKA ON GROWTH TRAJECTORY IN AUSTRALIA
Over the last five years, Sika has experienced strong double-digit organic
growth in Australia. In addition two local companies were acquired: Radmix
Resources in 2013 and CTA in 2015.

The latest project for which Sika will supply product technologies is the CHF
1.5 billion State Government-funded Forrestfield-Airport Link. The
infrastructure project involves construction of a new rail line, including two
eight-kilometer tunnels that will improve connections to and from Perth Airport,
the eastern suburbs and regional centers. The new plant in Western Australia
puts Sika in a strong position to support the railway project by providing an




extensive range of concrete admixtures and waterproofing technologies and
technical service.

CONTACT
Dominik Slappnig
Corporate Communications and
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 95 countries around the world and manufactures in over 170
factories. Its more than 17,000 employees generated annual sales of CHF 5.49
billion in 2015.

The media release can be downloaded from the following link:

Media Release:
http://hugin.info/100359/R/2028327/753982.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Sika AG via GlobeNewswire
[HUG#2028327]




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Bereitgestellt von Benutzer: hugin
Datum: 14.07.2016 - 09:30 Uhr
Sprache: Deutsch
News-ID 483296
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