The cornerstones of Sika’s growth strategy include investments in new national subsidiaries, new factories, and acquisitions. Sika positions itself early on in emerging economies and is well established in mature markets. This enables the company to harness potential at all stages in the development of local construction sectors and sell the entire product portfolio for new-build projects, in the application of higher building standards through to refurbishment work.

WELL POSITIONED FOR THE CONSTRUCTION BOOM IN TEXAS

In 2017, Sika expanded its presence in the high-growth US market with the start of operations at a new factory for concrete admixtures and mortar products near Houston. Also serving as a strategic distribution center, Sika’s 22nd production facility in the USA will supply customers in the greater Texas area and the southwest of the country. With a total population of 20 million and home to a booming construction industry, the region also contains four of North America’s fastest-growing cities: the major megacities Houston, Dallas, Austin, and San Antonio.

Worker in the Houston Plant
Sika Plant in Houston

On a 16-hectare site Sika manufactures concrete admixtures, mortar products, and polymers – the backbone of high-performance additives used in concrete.

100TH NATIONAL SUBSIDIARY ESTABLISHED IN BANGLADESH

With the establishment of a new national subsidiary in Bangladesh, Sika reached a further milestone in the implementation of its growth strategy and is now represented in 100 different countries. Bangladesh has over 163 million inhabitants. It is one of the most densely populated countries in the world and has a flourishing construction industry. The new headquarters in Bangladesh’s capital Dhaka enable Sika to tap into the potential available in the local construction market, which has a total volume equivalent to CHF 15 billion and an annual growth rate of 12%. Local and foreign investments are channeled primarily into the construction of transport and energy infrastructures.

Bangladesh construction site

The construction industry is booming in Bangladesh. With its new headquarters in Dhaka, Sika is well positioned to capture the potential in this growing market.

IN THE FAST LANE THANKS TO FAIST CHEMTEC ACQUISITION

Through the takeover of Faist ChemTec Group, a leading manufacturer of high-performance engineered, structure-borne acoustic solutions in vehicles, Sika consolidates its position as a strong supplier which meets the demands of tomorrow’s automotive construction sector. Headquartered in Worms, Germany, the company generates annual sales equal to CHF 190 million with a workforce of 840 and has six production sites in Europe, North America, and Asia, as well as a pan-European distribution network. Similar to Sika, its innovations are driven by megatrends such as the increased need for comfort and lightweight construction of vehicles. The acquisition brings technology and know-how that will accelerate Sika’s growth and drive market penetration via the strong synergies between the two companies.

Christoph Röttges and Thomas Hasler

Christoph Röttges, CEO of Faist ChemTec (left), and Thomas Hasler, Head of Industry and Automotive at Sika, discuss ultralight acoustic solutions for energyefficient vehicles.

Robotics center in Frankfurt

At their robotics center in Frankfurt, Faist ChemTec’s experts are developing automated assembly concepts tailored to the customers’ production processes.

Testing solutions for reducing structure-borne noise in the BMW i3 at the acoustics center in Worms

Quality you can hear. Testing solutions for reducing structure-borne noise in the BMW i3 at the acoustics center in Worms.

SikaFiber® Force-60 FOR THE ULTIMATE IN CONCRETE REINFORCEMENT

In the year under review, Sika started producing high-performance concrete reinforcing fiber for customers in the Europe, Middle East, and Africa region at its manufacturing facility in Troisdorf, Germany, and invested in a new plant. Made of a thermoplastic material (polypropylene), the fibers are used to increase the structural strength of concrete in highly demanding applications. Macro fibers such as Sika’s newly developed product line SikaFiber® Force-60 are mainly used instead of steel reinforcements for strengthening concrete or shotcreted structures with demanding performance requirements.

Production of innovative fibers for concrete at the Troisdorf site for customers

Production of innovative fibers for concrete at the Troisdorf site for customers in the EMEA region.