Press Release: SIKA EXPANDS MEMBRANE PRODUCTION IN SWITZERLAND

SIKA EXPANDS MEMBRANE PRODUCTION IN SWITZERLAND

At its existing site in Sarnen, Switzerland, Sika is putting into

operation a new production facility for the SikaProof(R) structural

waterproofing membrane. This investment in expansion will boost

manufacturing efficiency and thus enable the company to serve the

rapidly growing market. The SikaProof(R) product family -- for which a

doubling of sales by 2023 is targeted under Sika's new growth strategy

-- benefits from the application of an innovative, patented membrane

technology.

The SikaProof(R) system is used to waterproof below-ground structures

and basements. The full bond between the SikaProof(R) sheet membrane and

concrete structure is the key to the system's reliable performance. The

ever more stringent requirements placed on the watertightness of

basements in the wake of growing urbanization and densification are

fueling the demand for high-grade and therefore long-lasting

waterproofing systems.

The new production facility will allow the membranes to be manufactured

in a single operation at one site. This, in turn, will simplify the

supply chain and significantly improve sustainability performance.

Ivo Schädler, Regional Manager EMEA: "The new facility offers Sika

a number of benefits: The manufacture of SikaProof(R) membranes in a

single step will boost efficiency, increase capacity, and thereby allow

us to provide our customers in the EMEA region with an even better

service. This, in turn, will pave the way for further growth in the

attractive Target Market Waterproofing."

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

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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 motor

vehicle industry. Sika has subsidiaries in 100 countries around the

world and manufactures in over 300 factories. Sika employs more than

25,000 people and generated sales of over CHF 8.1 billion in fiscal

2019. At the end of 2019 Sika won the Swiss Technology Award for a

ground-breaking new adhesive technology.

The media release can be downloaded from the following link:

Media Release

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(END) Dow Jones Newswires

March 17, 2020 02:00 ET (06:00 GMT)