Press Release: SIKA ESTABLISHES NATIONAL SUBSIDIARY IN EL SALVADOR

Sika AG / SIKA ESTABLISHES NATIONAL SUBSIDIARY IN EL SALVADOR.

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Sika is continuing to expand its presence in Central America and is

setting up its 99th national subsidiary in El Salvador. The company will

thus be represented by its own sales and distribution organization in

the smallest Central American country - which, however, has the highest

population density and over 6 million inhabitants.

José Luis Vázquez, Regional Manager Latin America: "Sika

already has a strong market position in El Salvador, as we have been

supplying the construction sector out of Guatemala for many years. With

this new national subsidiary we can develop the market more efficiently

and grow more rapidly. Our aim is to further develop Sika's leading

position, particularly in the Sealing & Bonding target market."

CONSTRUCTION INDUSTRY WITH HIGH POTENTIAL

Owing to high demand for infrastructure, the outlook for the

construction industry in El Salvador is promising. According to

forecasts, growth should amount to 5% in 2017. Growth drivers include

infrastructure investments with a total volume of USD 3 billion.

Investments will focus on seaport installations, energy infrastructure

and tourism. In the current year, public investments of more than USD

400 million will be made in tourism projects alone.

CONTACT

Dominik Slappnig

Corporate Communications & Investor Relations

+41 58 436 68 21

slappnig.dominik@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 protecting in the building sector and

automotive industry. Sika has subsidiaries in 99 countries around the

world and manufactures in over 190 factories. Its more than 17,000

employees generated annual sales of CHF 5.75 billion in 2016.

The media release can be downloaded from the following link:

Media Release: http://hugin.info/100359/R/2132676/815574.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf

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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

September 12, 2017 03:30 ET (07:30 GMT)