20.07.2016 10:00:49

Press Release: SIKA EXPANDS ITS PRODUCTION SITE IN BLUDENZ, AUSTRIA

Sika AG / SIKA EXPANDS ITS PRODUCTION SITE IN BLUDENZ, AUSTRIA . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Sika is investing around CHF 2.2 million in the expansion of its production site in Bludenz, Austria. A new warehouse and a new manufacturing line for waterbars is being added to the existing site.

Sika is not just expanding its production capacities and warehouse space with the two-story warehouse, which has 1,800 square meters of useable floor space; it is also creating eight new jobs. The site currently has a workforce of 75 employees. Sika has been producing construction chemicals in Vorarlberg since 1939, and has been continuously expanding the site since then.

WATERBARS FOR STRUCTURAL WATERPROOFING

Sika is positioning itself more broadly in Bludenz with the new manufacturing line, which will produce around 600,000 running meters of waterbars each year. Waterbars are used to waterproof buildings and other structures. Around 40,000 tons of construction chemicals such as mortars, synthetic resin floor coatings, concrete admixtures, waterbars and release agents are manufactured each year in Bludenz for the Austrian market plus other countries in Central and Eastern Europe.

CONTACT

Dominik Slappnig

Corporate Communications and 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 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/2029451/754608.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#2029451

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com (END) Dow Jones Newswires

   July 20, 2016 03:30 ET (07:30 GMT)- - 03 30 AM EDT 07-20-16

JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.

Analysen zu Sika AGmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Indizes in diesem Artikel

NASDAQ Comp. 19 962,36 -0,47%