9 February 2016
DETAILS
Sika is systematically
implementing its Strategy 2018
by entering into new markets
and opening 6 to 8 factories a year,
and has now further expanded its presence
in Southeast Asia.
With one new production plant for
concrete admixtures in Myanmar and
another one in Cambodia, Sika is increasing
its proximity to customers in these growing markets
and continuing its successful expansion.
NEW PRODUCTION FACILITY IN MYANMAR
The new production facility in Myanmar
represents a milestone. As the first
construction chemicals supplier in the country,
Sika is manufacturing locally in a factory near to Yangon.
Heinz Gisel,
Regional Manager Asia/Pacific
"By establishing a local production facility,
Sika is setting new standards in
customer proximity, product quality and
direct market development.
Customers benefit from short production and
delivery times, as well as concrete admixture compositions
that are tailored to the local raw materials."
STRONG COMPETITIVE POSITION
By opening a new production plant for concrete admixtures
in Phnom Penh, Sika is tapping into further potential
in Cambodia's booming construction industry,
which grew by 20% in 2015.
The whole country lacks infrastructure,
while the younger generation is growing
and moving to the cities.
This is resulting in more investments, particularly from
China, Korea and Japan,
which are investing heavily in
shopping centers, hotels and infrastructure
and residential construction projects close to the capital.
With its new local production facilities, Sika is meeting
the growing demand for high-quality construction products
even better, and is consolidating
its leading market position in the country.
CONTACT
Dominik Slappnig
Corporate Communications and Investor Relations
Tel. +41 58 436 68 21
E-mail : slappnig.dominik@ch.sika.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
