Press Release: SIKA OPENS PRODUCTION PLANT IN QATAR

SIKA OPENS PRODUCTION PLANT IN QATAR

Sika is starting operations at a plant in Doha, Qatar, for the

production of concrete admixtures. The country on the east coast of the

Arabian peninsula is an attractive market thanks to large-scale

infrastructure investment and a number of mega projects, both ongoing

and planned.

Following the establishment of the national subsidiary in 2012, Sika is

expanding its presence in Qatar with its own production facility,

thereby positioning itself as a provider of high-performance product

technologies that are now manufactured on a local basis and close to

customers. Alongside production lines for concrete-admixture

manufacturing, the main office and a central storage facility will be

located at the site.

Ivo Schädler, EMEA Regional Manager: "The optimization of our

supply chain will enable us to play an even greater role in major

construction projects in Qatar. Having our own production capacities

available locally makes it possible for us to lower transportation costs

and enhance proximity to customers."

INFRASTRUCTURE PROJECTS DRIVING THE CONSTRUCTION SECTOR

As well as investing in stadiums and related infrastructure for the 2022

Soccer World Cup, Qatar is expanding its transport and energy

infrastructures with roads, ports, railroads, and power plants. One

important major project is the Doha Metro, a rapid transport system

linking the capital with its suburbs. The gas sector is also attracting

large-scale investment. Average annual growth of more than 9% is

forecasted for Qatar's construction industry until 2023.

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

mailto:slappnig.dominik@ch.sika.com slappnig.dominik@ch.sika.com

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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 20,000

employees generated annual sales of CHF 7.09 billion in 2018.

The media release can be downloaded from the following link:

-- Media Release

https://ml-eu.globenewswire.com/Resource/Download/ee28cc69-06ac-4c92-9cf4-d0704e36bf2c

(END) Dow Jones Newswires

May 28, 2019 01:00 ET (05:00 GMT)