Sika Enhances Its Global Presence with New Facilities

Strategic Expansion of Sika's Operations

Sika is making significant strides in its international operations by opening new state-of-the-art plants in Singapore and Xi'an, Northwest China. These facilities are aimed at enhancing production capabilities and meeting local market demands more effectively, which is particularly important in regions experiencing rapid growth and urbanization.

New Plant Developments in Singapore and China

The newly established plant in Singapore focuses on manufacturing high-quality mortars, catering specifically to the metropolitan area, which houses over six million residents. This strategic location allows Sika to capitalize on the substantial demand for cutting-edge construction solutions driven by Singapore’s status as the third most densely populated country in the world.

On the other hand, the Xi'an facility is part of Sika's broader strategy to strengthen its foothold in the Chinese market. It not only manufactures a wide variety of products, including tile adhesives and cementitious waterproofing, but it also represents the second major facility in China recently opened by Sika, further solidifying the company’s operational reach in the region.

Enhancing Customer Solutions through Local Production

Philippe Jost, Sika's Regional Manager for Asia/Pacific, emphasized the importance of these new plants in the company's growth strategy. By expanding its manufacturing capabilities in these key markets, Sika will significantly improve its ability to provide innovative solutions tailored to the specific needs of local customers.

Both facilities in Singapore and Xi'an are designed with a focus on sustainability. They will incorporate energy-efficient manufacturing processes and utilize environmentally responsible materials. This commitment not only aligns with global sustainability initiatives but also helps Sika enhance its overall operational performance.

Opportunities in the Construction Industry

The construction landscape in Singapore is projected to grow, with forecasts indicating a Compound Annual Growth Rate (CAGR) of 4.1% until 2028. This growth trajectory is largely fueled by initiatives such as the Land Transport Master Plan 2040, which outlines significant infrastructure investments aimed at enhancing the city’s transit systems.

Similarly, China's construction market is expected to thrive, potentially reaching a staggering CHF 4.3 trillion by 2025, with a CAGR of 3.9% through 2028. Government initiatives promise over half a trillion Swiss francs allocated for infrastructure enhancement, along with a substantial commitment to transitioning towards green building practices.

About Sika

Sika is a prominent specialty chemicals company recognized globally for its innovative systems and products used in bonding, sealing, and protecting in the construction sector. With a significant operational presence across 103 countries and over 400 production facilities, Sika continues to play a pivotal role in transforming construction practices toward greater sustainability.

In 2024, Sika's dedicated workforce of approximately 33,000 employees generated remarkable annual sales of CHF 11.76 billion. This impressive financial performance underlines the company's growth and commitment to innovation in the construction industry.

Connecting with Sika

For inquiries or more information, please reach out to Dominik Slappnig, who oversees Corporate Communications and Investor Relations at Sika. You can contact him at +41 58 436 68 21 or via email at slappnig.dominik@ch.sika.com.

Frequently Asked Questions

What is Sika's recent expansion about?

Sika has opened new plants in Singapore and Xi'an, China, to enhance local production capabilities and meet market demands more efficiently.

What products are being manufactured in the new plants?

The Singapore plant focuses on mortars, while the Xi'an facility produces a full range of Sika products, including tile adhesives and flooring solutions.

How is Sika contributing to sustainability?

Both new facilities incorporate energy-efficient processes and environmentally friendly materials, aligning with global sustainability goals.

What growth is expected in the construction markets?

Singapore's construction industry is forecasted to grow at 4.1% CAGR, while China's market is expected to grow at 3.9% CAGR by 2028.

How significant is Sika’s global presence?

Sika operates in 103 countries and has over 400 production sites, playing a crucial role in the construction sector worldwide.

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