17.12.2018 06:59:50

Press Release: SIKA OPENS PLANT IN GUATEMALA AND STRENGTHENS PRESENCE IN CENTRAL AMERICA

Sika AG / SIKA OPENS PLANT IN GUATEMALA AND STRENGTHENS PRESENCE IN

CENTRAL AMERICA. Processed and transmitted by West Corporation. The

issuer is solely responsible for the content of this announcement.

Sika has opened a new production plant in Central America, located in

Palin in the metropolitan area of Guatemala City. This move further

expands the company's market position in the emerging countries of the

region. The portfolio of locally manufactured products includes concrete

admixtures, mortars, and liquid applied membranes, which will be used to

supply the neighboring countries of Honduras and El Salvador as well as

the domestic market.

In Palin, Sika has invested in a state-of-the-art plant, and grouped

together and expanded its existing business activities in the Guatemala

City metropolitan area. New production lines at the site have been

installed for mortars and acrylic liquid applied membranes, and existing

production lines for concrete admixtures have been relocated and

modernized. The new plant and supply center will result in a six-fold

increase in overall capacity. The plant is remarkable thanks to the

optimum production processes and the logistic efficiency it delivers.

Its modular design means it can be enlarged when demand rises. With the

integrated R&D laboratories and customer service center, as well as the

distribution warehouse, and the expanded production lines, Sika will

improve its customer service and the availability of its innovative

product range in the region.

Christoph Ganz, Regional Manager Americas: "With the new site, we have

created a strategic hub in the region for further expanding our business

in Central America - which has around 36 million inhabitants. In

particular, we also want to benefit from the planned investments in

infrastructure and the transport sector, which will include new

facilities for water supply and schools, as well as bridges and roads."

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/2229026/875570.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

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

December 17, 2018 01:00 ET (06:00 GMT)

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!