Press Release: SIKA'S FIRST FACTORY IN SENEGAL STARTS OPERATIONS

Sika AG / SIKA'S FIRST FACTORY IN SENEGAL STARTS OPERATIONS. Processed

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responsible for the content of this announcement.

Sika is continuing to expand its production capacity in West Africa with

the opening of a concrete admixture factory in Senegal. The new plant is

the first in the country and will be further expanded with the addition

of a mortar production facility in due course. With a total of 19

national subsidiaries and 20 factories, Sika has a strong presence in

Africa.

Ivo Schädler, Regional Manager EMEA: "Senegal is one of the fastest

growing West African countries, and we are gaining an early foothold in

these growth markets. Large-scale investment projects in infrastructure,

transport, energy and water plus recently discovered oil reserves are

making a crucial contribution to the emerging country's development. Our

growth strategy in Africa has paid off. Over the last five years we have

increased sales by more than 18% per year."

ACCELERATED ECONOMIC GROWTH

Senegal has one of the strongest growth rates of any sub-Saharan African

country. Its economy has grown by an average annual rate of 6.5% in the

past two years. The forecast for 2018 is 7%. Growth is being driven by

the "Plan for an Emerging Senegal" which was launched in 2014 and runs

until 2035. Its aim is to boost urban centers with significant economic

potential through infrastructure projects and other measures.

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.

Media Release: http://hugin.info/100359/R/2182064/842570.pdf

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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

April 09, 2018 01:00 ET (05:00 GMT)