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SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR
Globenewswire· 2025-06-27 05:00
Group 1: Acquisition Overview - Sika has acquired Gulf Additive Factory LLC in Qatar, enhancing its presence in the rapidly growing construction market [1][2] - Gulf Additive Factory is known for high-quality construction chemical products, including concrete admixtures and facade systems [2][3] Group 2: Strategic Benefits - The acquisition allows Sika to leverage GAF's modern manufacturing site to expand operations and drive growth in Qatar and neighboring regions [3] - Sika's existing product portfolio combined with locally produced additions positions the company to meet the rising demand for energy-efficient construction solutions [3] Group 3: Market Outlook - The construction market in Qatar is projected to grow at a CAGR of over 4% until 2028, driven by significant investments in various sectors [4] - Qatar National Vision 2030 aims to diversify the economy while focusing on social and environmental development, supporting the positive market outlook [4] Group 4: Company Profile - Sika is a leading specialty chemicals company with a global presence, operating in 102 countries and producing innovative technologies in over 400 factories [5] - In 2024, Sika generated sales of CHF 11.76 billion and employs more than 34,000 people [5]
High-Performance Lightweight Concrete Solutions: TRUNNANO Nano-Polymer Composite Foaming Agent
Globenewswire· 2025-06-23 13:00
Core Insights - TRUNNANO has launched a new nano-polymer composite foaming agent (TR-C) aimed at enhancing lightweight concrete applications, promising improved foam stability, high expansion rates, and superior mechanical strength [1][6]. Product Features - The TR-C foaming agent addresses common issues in traditional foaming agents, such as inconsistent bubble formation and low strength in cured concrete, by utilizing advanced nanotechnology for a stable and uniform foam structure [2]. - Key test results for TR-C include a density of 1.01 g/mL, a foaming multiple of 26, and a pH range of 8.0-9.5, with a dilution ratio of 1:30 and an operating temperature range of -10 to 40 degrees Celsius [3][5]. Performance Enhancements - The TR-C polymer foaming agent increases wallboard strength by 20% and reduces material costs by 10% for equivalent strength due to its high foam toughness and over 90% closed-cell ratio [6]. - It enhances thermal insulation by trapping air in millions of closed pores, creating an inert heat barrier while allowing for lower-density concrete, thus improving insulation efficiency [7]. Company Vision and Market Strategy - CEO Roger Luo emphasized the commitment to developing high-performance solutions that meet industry demands for performance and sustainability, positioning the TR-C as a game-changer for modern construction [8]. - TRUNNANO is offering the TR-C foaming agent to international markets, with options for bulk supply and customized formulations, along with technical support and sample testing to ensure optimal performance [8]. Company Background - TRUNNANO is recognized as a global manufacturer and supplier of high-purity nanomaterials and specialty chemicals, focusing on innovation across various industries, including construction and electronics [9].