Press Release: 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:

Press Release (pdf) : http://hugin.info/100359/R/2155815/828440.pdf

Image 1: Sika's new plant in Texas

http://hugin.info/100359/R/2155815/828441.jpg

Image 2: Inauguration of the new plant

http://hugin.info/100359/R/2155815/828490.jpg

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely

responsible for the content, accuracy and originality of the information

contained therein.

Source: Sika AG via Globenewswire

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Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

December 14, 2017 01:00 ET (06:00 GMT)