2 April 2015
DETAILS
As part of its growth strategy,
Sika is further expanding its presence
in the Asia Pacific region by
founding a subsidiary company in Myanmar and
opening a new production plant in Sri Lanka.
This will help the company to further utilize market potential and
consolidate its strong position
in one of the most important growth regions.
Sika’s growth in emerging markets
is an important part of the overall business strategy
to strengthen supply chains and
improve customer access around the world, resulting in
locally available, high quality products
for the construction industry.
Myanmar
The foundation of Sika Myanmar
represents another milestone
in the build-up of operations in emerging markets.
Sika has been supplying the Myanmar market
with high-quality products imported
from neighbouring countries for many years.
With its own subsidiary Sika is now ideally positioned
to serve the fast growing construction sector and
benefit from the extensive local investments
in infrastructure.
With the new company in Myanmar,
Sika now has subsidiaries in 91 countries around the world.
Sri Lanka
In a further development of its growth strategy,
Sika is also expanding its presence in Sri Lanka
where it has opened a new concrete admixture plant in Ekala.
The factory will produce a range of high-end additives
for the construction industry, allowing Sika
to supply the local market directly and
be part of the dynamic development of the construction activities
in the country.
WWW.CHEMWINFO.COM BY KHUN PHICHAI