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SIKA EXPANDS ITS GLOBAL MANUFACTURING FOOTPRINT ACROSS GROWTH MARKETS WITH FIVE NEW PLANTS
Globenewswire· 2026-02-03 06:00
Core Insights - Sika has expanded its global manufacturing footprint by opening five new plants in the United States, Argentina, Colombia, Bangladesh, and Tanzania, enhancing production capacity and supply chain flexibility in key growth markets [1] Group 1: United States - A new concrete admixture facility has been opened in Haines City, Florida, utilizing the highest level of automation among Sika's admixture sites in the country, aimed at improving concrete performance and sustainability [2] - The facility is expected to reduce carbon emissions by approximately 8,000 tons by 2032 due to its water- and waste-reduction systems [2] Group 2: Argentina - A new manufacturing facility in Puerto Tirol, Chaco, will produce dry mortar products for the Northeast region, marking Sika's eighth production site in Argentina [3] - The Argentinian construction market is recovering, providing opportunities for Sika to enhance market penetration and customer engagement [3] Group 3: Colombia - A modern manufacturing site has been established in Cali, Colombia, which produces various construction materials to meet the growing demands of the region [4] - The Cali facility will improve Sika's efficiency in serving both domestic and export markets [4] Group 4: Bangladesh - The new site in Narayanganj manufactures concrete admixtures and mortars, supporting the fast-growing construction market in Bangladesh [5] - The facility will also cater to the demand for Sika's high-performance tile adhesive recently launched in the region [5] - The Bangladeshi construction market is projected to grow at a CAGR of over 7% from 2026 to 2029, driven by investments in infrastructure and housing [6] Group 5: Tanzania - A new production site has been established in Mwanza, Tanzania, focusing on mortars, admixtures, and specialized grouts for mining and construction [7] - The facility serves local demand and exports to neighboring countries, enhancing Sika's presence in East Africa amid strong industrial growth [7] - Tanzania's construction market is expected to continue expanding at a mid-high single-digit rate in the coming years [7] Group 6: Corporate Profile - Sika is a leading specialty chemicals company with a global presence, operating in 102 countries and producing in over 400 factories [8] - The company generated CHF 11.20 billion in sales in 2025, employing approximately 33,000 individuals [8]