Press Release: SIKA OPENS THIRD PLANT IN INDONESIA

SIKA OPENS THIRD PLANT IN INDONESIA

Sika has commenced operations at its third plant in Indonesia in a step

which saw it align local production capacities with the strong demand

for building materials. The new plant is in Bekasi, which is to the east

of the capital city Jakarta. Two existing Sika plants were already

supplying concrete admixtures and mortar products to the Indonesian

construction market.

With the new plant, Sika is expanding production capacity in the Jakarta

metropolitan area and ensuring it can satisfy the growing demand for

construction materials in western Indonesia. This latest expansion

underscores Sika's commitment to sustainable investments geared to

offering customers the best product solutions and services on a local

basis.

Mike Campion, Regional Manager Asia/Pacific: "The demand for high

quality building materials is growing rapidly in Indonesia. The new

factory in Greater Jakarta will enable us to significantly increase

production and thereby further expand our strong position in the

country's infrastructure and residential construction sector."

HIGH DEMAND FOR INFRASTRUCTURE DRIVING GROWTH

Indonesia is Asia's fifth-largest construction market and is

characterized by rapid population growth and increasing urbanization.

The construction sector is receiving considerable impetus from major

investments in transportation, energy, and water infrastructure, as well

as in residential and commercial properties. The government's National

Strategic Projects alone comprise an investment volume equivalent to

just under CHF 320 billion. Estimates put average growth in the

construction industry at close to 7% for the next ten years.

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

https://www.globenewswire.com/Tracker?data=gFCXr0_fQ1y_fKSPk9D5s7F3lFHCaunCbyhiG4GBqaOwZKrTp4mRYXu213w4V_xPJ_9E620XSDlu_jVgK0KgvZ_3XtDNbiC5gChYEarod4rVS_Wp4kS0T7vcNwOwyO4Y

slappnig.dominik@ch.sika.com

SIKA AG 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 300 factories. In the first half of 2019,

the company's more than 24,000 employees generated sales of CHF 3.7

billion. Sika is anticipating sales in excess of CHF 8 billion for

full-year 2019.

The media release can be downloaded from the following link:

-- Media Release

https://ml-eu.globenewswire.com/Resource/Download/6d465b56-e783-4382-b88c-9e0e534476db

(END) Dow Jones Newswires

December 10, 2019 01:00 ET (06:00 GMT)