Press Release: SIKA STARTS MORTAR PRODUCTION IN SENEGAL

Sika AG / SIKA STARTS MORTAR PRODUCTION IN SENEGAL. Processed and

transmitted by West Corporation. The issuer is solely responsible for

the content of this announcement.

Sika is expanding production capacity in Senegal, West Africa, by

opening a mortar production facility at its existing factory in Dakar.

The plant will initially manufacture tile adhesives, grouts, concrete

repair and waterproofing mortars and at a later stage cementitious

flooring solutions.

Two years after the establishment of the new national subsidiary, and

one year after opening a concrete admixtures plant, Sika is now starting

to produce mortar products in Senegal. With its expansion strategy, Sika

aims to further increase its market share in the booming construction

market, one of the country's key economic sectors. Senegal has one of

the strongest growth rates in sub-Saharan Africa. Its economy grew by 7%

in the past year. Average growth of 6% is forecast for the construction

market over the next few years.

Ivo Schädler, EMEA Regional Manager: "Our growth strategy in Africa

has paid off, and we are achieving above-average growth rates. Over the

last four years alone, we have increased sales on the African continent

by more than 21% per year. In West Africa, Senegal is one of the

fastest-growing countries with large investment projects in the areas of

infrastructure, transport, energy, and oil. We want to position Sika in

these major projects and bring the best products, systems, and services

to our customers."

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 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: http://hugin.info/100359/R/2239611/882830.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

March 26, 2019 02:01 ET (06:01 GMT)