Press Release: SIKA FURTHER EXPANDS CAPACITIES IN RUSSIA

Sika AG / SIKA FURTHER EXPANDS CAPACITIES IN RUSSIA. Processed and

transmitted by West Corporation. The issuer is solely responsible for

the content of this announcement.

Sika opens a new production plant for concrete admixtures near

Yekaterinburg, Russia. In the area around the plant, there are five

cities with populations of over one million and attractive construction

markets. Large parts of the Volga region and Siberia can also be

supplied from the new site.

The Ural region, with its capital city of Yekaterinburg, is one of the

most prosperous regions in the country. Around 90% of Russia's natural

gas and two-thirds of its oil production come from this region. The

proximity to clients and shorter transport routes significantly

strengthen Sika's competitive position. The new production plant in

Beryozovsky, to the north-east of Yekaterinburg, will thus deliver

cost-savings and make it possible to supply customers in this

fast-growing region with customized concrete admixtures for demanding

construction projects.

Ivo Schädler, Regional Manager EMEA: "With the foundation of the

new production site near Yekaterinburg, we are investing in a region

that has dynamic growth and a booming construction industry. We have now

created the ideal framework for tapping into this potential and further

accelerating our growth in Russia."

DIVERSIFICATION OF THE ECONOMY DRIVING CONSTRUCTION DEMAND

The Russian economy and, thus, the construction industry are currently

benefiting from increasing investment in infrastructure projects,

particularly in transport and energy infrastructure, but also in urban

redevelopment programs and the expansion of port and airport capacities.

According to estimates, the construction industry is expected to record

substantial growth in 2018 and over the next five years.

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 motor

vehicle industry. Sika has subsidiaries in 101 countries around the

world and manufactures in over 200 factories. Its more than 18,000

employees generated annual sales of CHF 6.25 billion in 2017.

The media release can be downloaded from the following link:

Media release: http://hugin.info/100359/R/2220937/869178.pdf

This announcement is distributed by West Corporation on behalf of West

Corporation 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

October 18, 2018 03:00 ET (07:00 GMT)