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SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR
Globenewswire· 2025-06-27 05:00
SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR Sika has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika’s foothold in the country and provides exciting opportunities for further expansion. Gulf Additive Factory LLC (GAF) is renowned for its high-quality solutions and profound technical expertise. An extensi ...
SIKA STRENGTHENS GLOBAL PRESENCE WITH STRATEGIC INVESTMENTS ACROSS ALL REGIONS
Globenewswire· 2025-06-18 05:00
Core Insights - Sika is enhancing its global presence through strategic investments in local manufacturing across China, Brazil, and Morocco, aligning with its Local-for-Local strategy [1][5] - The company aims to strengthen market penetration and production capabilities tailored to regional customer needs [1][5] Group 1: Investments and Expansions - In Suzhou, China, Sika has upgraded its facility to support urban development, focusing on high-viscosity polyurethane technologies for various sectors, including automotive and construction, serving over 12 million residents [2] - In Brazil, Sika has expanded its site near Belo Horizonte to include admixture production, targeting key customers in the ready-mix concrete, cement, and mining industries in Minas Gerais [3] - A new mortar and admixtures plant has been opened near Agadir, Morocco, to meet the growing demand for construction materials in the southern region and neighboring markets [4] Group 2: Market Outlook - The construction market in China, Brazil, and Morocco is projected to grow over 4.0% annually through 2028, driven by infrastructure investment, economic recovery, and strategic public investment [5] - Sika's localized manufacturing investments position the company to effectively meet the increasing demand for construction solutions in these dynamic markets [5] Group 3: Corporate Profile - Sika is a leading specialty chemicals company with a global presence in bonding, sealing, damping, reinforcing, and protection systems for the building sector and industrial manufacturing [6] - The company operates in 102 countries with over 400 factories and employs more than 34,000 people, generating sales of CHF 11.76 billion in 2024 [6]
Cementos Pacasmayo(CPAC) - 2025 Q1 - Earnings Call Presentation
2025-05-02 07:24
1Q25 Quarterly Conference Call Presentation CONTENT 01 Quarterly Highlights 02 Our Strategic progress 03 Financial Highlights Our strategic progress Quarterly Highlights S/ 499.2 4.8% Compared to 1Q24 27.0% 0.9 p.p Compared to 1Q24 S/ 134.7 million 1.4% Compared to 1Q24 SALES VOLUME SALES OF GOODS EBITDA million EBITDA MARGIN Building Solutions Coprocessing Financial Highlights Sales Evolution Gross Profit Evolution EBITDA Evolution Administrative Expenses Selling Expenses Cement Debt and Leverage Total Adj ...
Cementos Pacasmayo(CPAC) - 2025 Q1 - Earnings Call Transcript
2025-04-29 15:02
Cementos Pacasmayo (CPAC) Q1 2025 Earnings Call April 29, 2025 10:00 AM ET Company Participants Claudia Bustamante - Investor Relation ManagerHumberto Nadal Del Caprio - CEOEly Hayashi - CFONatalia Leo Paniagua - Equity Research Associate Conference Call Participants Marcelo Furlan Palhares - Equity Research Analyst Claudia Bustamante The call over to your questions. Please note that this call will include certain forward looking statements. These statements relate to expectations, beliefs, projections, tre ...