Sika : COMMISSIONS THIRD FACTORY IN TEXAS AND GREATLY EXPANDS PRODUCTION IN THE USA

Sika AG / SIKA COMMISSIONS THIRD FACTORY IN TEXAS AND GREATLY EXPANDS PRODUCTION IN THE USA . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

With the opening of a new facility near Houston, Sika is further expanding its presence in the fast-growing US market. The 16-hectare site will be used for manufacturing a comprehensive portfolio of concrete admixtures and mortar products. The facilities will also serve as a strategic business center which will help tap into the enormous growth potential of the construction market in Texas and the southwestern states of the USA.

Sika's extensive new factory has opened following a 12-month construction period. The site also houses special equipment for the production of polymers that form the backbone of high-performance concrete admixtures. This facility - the Group's 22nd in the United States - will supply customers in the major Texas conurbation as well as in the southwestern US. With a total of 20 million inhabitants and a booming construction industry, the megacities of Houston, Dallas, Austin and San Antonio are among North America's fastest-growing urban areas. From this new site, Sika will focus on developing the Texas and southwestern US markets. It will also open a training center for customers and applicators, as well as setting up sales and customer service functions. This will ensure that the region is supplied with a wide product range from all target markets and a full service.

Christoph Ganz, Regional Manager North America: "By opening this new facility, we are continuing the expansion of our supply chain in the rapidly expanding metropolitan regions of North America. Texas is currently the fastest-growing construction market in the US, and the new factory in southern Texas will help us position ourselves ideally to benefit from this boom. Thanks to the commissioning of 13 additional factories in the last five years alone, we now have comprehensive geographical coverage of the dynamic North American market and have thus laid the foundations for continuing our above-average growth."

CONTACT
Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SIKA AG 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 99 countries around the world and manufactures in over 200 factories. Its more than 17,000 employees generated annual sales of CHF 5.75 billion in 2016.

The media release and images can be downloaded from the following links: 

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Sika AG
Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;