Tag Archives: Sika

Sika Expands Market Presence in Peru with Acquisition of Tile Setting Leader Chema

(IN BRIEF) Sika has completed the acquisition of Chema, a leading Peruvian manufacturer of tile setting materials, strengthening its presence in the growing mortar segment. Founded over 50 years ago, Chema is known for its high-quality products and efficient distribution … Read the full press release

Sika Doubles Production Capacity at Indonesia’s Largest Mortar Plant to Meet Growing Market Demand

(IN BRIEF) Sika has doubled the production capacity at its Bekasi plant, Indonesia’s largest facility for mortars, to meet the rising demand from infrastructure and building projects. This expansion, along with an increase in distribution points across the country, positions … Read the full press release

Sika Validates Net-Zero Emissions Targets for 2050 with Science-Based Targets Initiative

(IN BRIEF) Sika has achieved validation of its near and long-term emissions reduction targets by the Science Based Targets initiative (SBTi), confirming its commitment to sustainability and decarbonization. By 2032, Sika aims to reduce greenhouse gas emissions by 50.4% compared … Read the full press release

Sika Expands in Latin America with New Synthetic Macro Fiber Facility in Peru

(IN BRIEF) Sika is establishing a cutting-edge facility in Lima, Peru, to manufacture synthetic macro fibers, further solidifying its position as a key supplier to the mining industry and infrastructure projects in Latin America. These fibers, leveraging advanced technology, enhance … Read the full press release

Sika’s Suzhou Technology Center: A Catalyst for Innovation in Sustainable Construction and E-Mobility

(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release

Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release

Sika Announces Changes in Board of Directors and Group Management Ahead of Growth Strategy Unveiling

(IN BRIEF) Sika, a global specialty chemicals company, is preparing for a new growth strategy and has announced changes in its Board of Directors and Group Management. Thierry F.J. Vanlancker is proposed to take over as the new Chair of … Read the full press release

Sika Expands in US Mining Market with Acquisition of Thiessen Team USA

(IN BRIEF) Sika, a global specialty chemicals company, has acquired Thiessen Team USA, a manufacturer of shotcrete and grouting products for the mining industry in the USA. Thiessen serves the Western US mining industry, which plays a crucial role in … Read the full press release

Sika Agrees to Sell Chemical Admixtures Assets to Cinven After CMA Provisional Negative Feedback

(IN BRIEF) Sika has agreed to sell MBCC Group’s chemical admixtures assets to international private equity firm Cinven after the British Competition and Markets Authority (CMA) provided Sika with provisional negative feedback regarding INEOS Enterprises as a prospective buyer, due … Read the full press release

INEOS Enterprises to acquire 35-site concrete additives business from Sika AG in order for them to complete acquisition of MBCC Group’s Admixture Business

(PRESS RELEASE) LONDON, 16-Jan-2023 — /EuropaWire/ — INEOS, a global chemical company, has announced that its subsidiary INEOS Enterprises, the operator of Europe’s largest compounds site, will acquire a major concrete additives business from Sika AG. The business, which has … Read the full press release

INEOS Enterprises acquisirà attività di additivi per calcestruzzo di 35 siti da Sika AG affinché possano completare l’acquisizione dell’attività di additivi del gruppo MBCC

(COMUNICATO STAMPA) LONDRA, 16-Jan-2023 — /EuropaWire/ — INEOS, un’azienda chimica globale, ha annunciato che la sua controllata INEOS Enterprises, l’operatore del più grande sito di composti in Europa, acquisirà un’importante attività di additivi per calcestruzzo da Sika AG. L’azienda, che … Read the full press release

INEOS Enterprises erweitert seine Präsenz auf dem Bauchemiemarkt mit der Übernahme der Vermögenswerte der MBCC-Gruppe von der Sika AG

(PRESSEMITTEILUNG) BAAR, 16-Jan-2023 — /EuropaWire/ — Sika (SWX: SIKA), ein multinationaler Schweizer Hersteller von Bauchemikalien und Klebstoffen, hat bekannt gegeben, dass es mit INEOS Enterprises, einer Tochtergesellschaft von INEOS, eine Vereinbarung über den Verkauf ausgewählter Vermögenswerte aus der kürzlich erfolgten … Read the full press release

INEOS Enterprises amplía su presencia en el mercado de productos químicos para la construcción con la adquisición de los activos del Grupo MBCC de Sika AG

(COMUNICADO DE PRENSA) BAAR, 16-Jan-2023 — /EuropaWire/ — Sika (SWX: SIKA), una multinacional suiza fabricante de productos químicos y adhesivos para la construcción, ha anunciado que ha firmado un acuerdo con INEOS Enterprises, una subsidiaria de INEOS, para vender activos … Read the full press release

INEOS Enterprises expands its presence in the construction chemicals market with the acquisition of MBCC Group’s assets from Sika AG

(PRESS RELEASE) BAAR, 16-Jan-2023 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational manufacturer of construction chemicals and adhesives, has announced that it has signed an agreement with INEOS Enterprises, a subsidiary of INEOS, to sell select assets from its … Read the full press release

Sika Capital Markets Day 2022: growth expectations revised upward for 2022

PRESS RELEASE) BAAR, 4-Oct-2022 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational specialty chemical company, is holding its Capital Markets Day 2022 today (04 Oct 2022) in Zurich, Switzerland under the motto “Our Path to Net Zero”. During the … Read the full press release

Sika Capital Markets Day 2022: Wachstumserwartungen für 2022 nach oben revidiert

PRESSEMITTEILUNG) BAAR, 4-Oct-2022 — /EuropaWire/ — Sika (SWX: SIKA), ein multinationales Schweizer Spezialchemieunternehmen, veranstaltet heute (04.10.2022) in Zürich, Schweiz, seinen Capital Markets Day 2022 unter dem Motto „Our Path to Net Zero“. Während der Veranstaltung wird das Unternehmen die Strategie, … Read the full press release

Sika Capital Markets Day 2022 : prévisions de croissance revues à la hausse pour 2022

COMMUNIQUÉ DE PRESSE) BAAR, 4-Oct-2022 — /EuropaWire/ — Sika (SWX : SIKA), une multinationale suisse de produits chimiques spécialisés, détient sa journée des marchés de capitaux 2022 aujourd’hui (04 octobre 2022) à Zurich, en Suisse, sous le slogan “Our Path to … Read the full press release

Das Schweizer multinationale Spezialchemieunternehmen Sika erwirbt einen Hersteller von Zementprodukten und Mörtel in Kanada

(PRESSEMITTEILUNG) BAAR, 2-Mar-2022 — /EuropaWire/ — Sika (SWX: SIKA), ein multinationales Schweizer Spezialchemieunternehmen, hat dies bekannt gegeben die Übernahme eines Herstellers von Zementprodukten und Mörtel in Kanada. Die Akquisition von Sable Marco Inc. mit Sitz in Pont Rouge, in der … Read the full press release

La multinationale suisse de produits chimiques spécialisés Sika acquiert un fabricant de produits cimentaires et de mortiers au Canada

(COMMUNIQUÉ DE PRESSE) BAAR, 2-Mar-2022 — /EuropaWire/ — Sika (SWX : SIKA), une multinationale suisse de produits chimiques spécialisés, a annoncé l’acquisition d’un fabricant de produits cimentaires et de mortiers au Canada. L’acquisition de Sable Marco Inc., basée à Pont Rouge, … Read the full press release

Swiss multinational specialty chemical company Sika to acquire a manufacturer of cementitious products and mortars in Canada

(PRESS RELEASE) BAAR, 2-Mar-2022 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational specialty chemical company, has announced the acquisition of a manufacturer of cementitious products and mortars in Canada. The acquisition of Sable Marco Inc., based in Pont Rouge, … Read the full press release

The Swiss explorer, psychiatrist and environmentalist Bertrand Piccard joins this year’s Holcim Startup Accelerator Program

World-renowned explorer and environmentalist Bertrand Piccard joins Holcim to launch this year’s program Startups challenged to speed up innovation from recycling construction & demolition waste to green building solutions Enrollment is open until March 27, with 6-month program running from … Read the full press release

Der Schweizer Entdecker, Psychiater und Umweltschützer Bertrand Piccard tritt dem diesjährigen Holcim Startup Accelerator Programm bei

Der renommierte Entdecker und Umweltschützer Bertrand Piccard unterstützt Holcim beim diesjährigen Programm Start-ups werden aufgefordert, Innovationen vom Recycling von Bau- und Abbruchabfällen bis hin zu umweltfreundlichen Baulösungen zu beschleunigen Die Anmeldung ist bis zum 27. März möglich, das 6-monatige Programm … Read the full press release

L’explorateur, psychiatre et environnementaliste suisse Bertrand Piccard rejoint le Holcim Startup Accelerator Program de cette année

L’explorateur et écologiste de renommée mondiale Bertrand Piccard rejoint Holcim pour lancer le programme de cette année Les startups sont mises au défi d’accélérer l’innovation, du recyclage des déchets de construction et de démolition aux solutions de construction écologiques L’inscription … Read the full press release

Mining industry: Sika upscales its additive production for shotcrete at Spånga, Sweden

(PRESS RELEASE) BAAR, 3-Feb-2021 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational specialty chemical company, has announced it has further expanded additive production for shotcrete at Spånga, near Stockholm in Sweden, and upscaled to the latest-generation technology. The new … Read the full press release

China mortar market: Sika opens new production facility in Chengdu

(PRESS RELEASE) BAAR, 6-Oct-2020 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational leading specialty chemicals company, has announced it is opening a new production facility in Chengdu, China. With the new production facility, Sika has further expanded its capacity … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Sika further invests in waterproofing membrane manufacturing in Switzerland

(PRESS RELEASE) BAAR, 17-Mar-2020 — /EuropaWire/ — Sika operates a new production facility for the SikaProof® structural waterproofing membrane at its existing site in Sarnen, Switzerland. The expansion will increase the manufacturing efficiency and will allow Sika to serve the … Read the full press release

Sika becomes the 25th member of ‘Together for Sustainability’ initiative

(PRESS RELEASE) BAAR, Switzerland, 26-Feb-2020 — /EuropaWire/ — Sika announces its membership in ‘Together for Sustainability’ (TfS) initiative. TfS, founded in 2011, aims for the advancement of chemicals industry’s sustainability practice within the supply chain. Sika’s growth strategy focuses on … Read the full press release

Sika takes over Adeplast SA, leading player on the construction materials market in Romania

(PRESS RELEASE) BAAR, 25-Nov-2019 — /EuropaWire/ — Sika announced it is acquiring a Romanian manufacturer of mortars and thermal insulation solutions with CHF 120 million sales per year. The acquisition will substantially strengthen the company’s position in the local Romanian … Read the full press release

Sika expands its presence in China and the Asia Pacific with the acquisition of silicone sealants and adhesives manufacturer Crevo-Hengxin

(PRESS RELEASE) BAAR, 9-Sep-2019 — /EuropaWire/ — Sika expands its Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region with the acquisition of Crevo-Hengxin. Sika also will gain additional silicone technology and a production … Read the full press release

Sika expands presence in Qatar with its own production facility

(PRESS RELEASE) BAAR, 29-May-2019 — /EuropaWire/ — Sika starts production of concrete admixtures at its plant in Doha, Qatar. Due to large-scale infrastructure investment and a number of mega projects, both ongoing and planned makes Qatar an attractive market. Sika … Read the full press release

Sika to strengthen its Sealing & Bonding business in Eastern Europe with the buy of Belorussian polyurethane foams producer

(PRESS RELEASE) BAAR, 13-Mar-2019 — /EuropaWire/ — Sika is expanding its know-how in the production and development of polyurethane foams. The company has just acquired a manufacturer of polyurethane foam systems based in Belarus. The acquired company is called Belineco … Read the full press release

Sika installs new production lines for mortars and acrylic liquid applied membranes in Palin, Guatemala

BAAR, 18-Dec-2018 — /EuropaWire/ — Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company’s market position in the emerging countries of the region. The … Read the full press release

Sika announces the acquisition of Concrete Fibers business from Propex Holding, LLC based in Tennessee, USA

Baar, Switzerland, 06-Nov-2018 — /EuropaWire/ — Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika’s three geographical regions, and a strong … Read the full press release

Sika to open new manufacturing facility in Querétaro, Mexico

BAAR, 01-Oct-2018 — /EuropaWire/ — Sika is adding strength and capacity to its Mexican product supply chain in the Automotive sector with the opening of a new manufacturing facility in Querétaro, Mexico. The new factory, which includes an integrated logistics center, … Read the full press release

Sika opens new factory in Dubai for the production of high-performance concrete admixtures

BAAR, 24-Aug-2018 — /EuropaWire/ — Sika is developing its operations in the United Arab Emirates (UAE) with the opening of a new factory in Dubai. An existing production facility for concrete admixtures has been relocated to the new site and expanded. … Read the full press release

Sika strengthens its position in the Italian roofing market with the acquisition of majority stake in Index Construction Systems and Products

BAAR, Switzerland, 18-Jan-2018 — /EuropaWire/ — Sika has acquired a majority stake in Index Construction Systems and Products, a leading manufacturer of roofing and waterproofing systems headquartered close to Verona, Italy. The company generates annual sales of CHF 115 million. … Read the full press release

Sika now offers the most comprehensive range of sealing and bonding solutions in the North American construction market

Baar, Switzerland, 26-Dec-2017 — /EuropaWire/ — Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to … Read the full press release

Sika opens new factory for mortar products and concrete admixtures in Pakistan

BAAR, 23-Oct-2017 — /EuropaWire/ — With the commissioning of a new factory for mortar products and concrete admixtures, Sika has expanded its manufacturing capacity in Pakistan and is responding to the country’s construction boom. Demand in the infrastructure and residential … Read the full press release

Sika enhances its presence in the Czech market with acquisition of leading manufacturer of waterproofing and roofing systems KVK Holding

ZUG, 06-Sep-2017 — /EuropaWire/ — Sika has agreed to acquire KVK Holding a.s, headquartered in Prague, Czech Republic, a leading manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. KVK generated sales of CHF 42 … Read the full press release