Coatings World - July 2015

Sika supplies the building and construction industry as well as manufacturing industries (automotive, bus, truck, rail, solar and wind power plants, facades). Sika is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures. Sika’s product lines feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring as well as roofing and waterproofing systems.

Sales reached record levels in all regions and all relevant growth targets for 2014 were exceeded. According to Sika’s Annual Report, eight new factories and 70 new patents accelerated development and expansion in the emerging markets continued in 2014. New factories were opened in Brazil, Mexico, Indonesia, Singapore, India and Serbia. The founding of six new international subsidiaries in Sri Lanka, Bosnia-Herzegovina, Albania, Mozambique, Ivory Coast and Nigeria has created a basis for tapping these new markets. In the U.S., two new production facilities were commissioned in Atlanta, Georgia and Denver, Colorado.

Sika has expanded its production and service capacity in Para-
guay’s capital Asunción to meet the rising demand in the infra-
structure and residential construction sectors. The company has
opened a mortar plant with additional production facilities for
concrete admixtures and liquid applied membranes to become
fully operational in 2015. The plant significantly enlarges Sika’s
production and service capacity in Paraguay. It will supply the
market with the full range of Sika mortar products and concrete
admixtures as well as liquid applied membranes for roofing and
façade solutions. A differentiating factor in the market will be
the new concrete lab for product developments and services to
customers: it is the first of its kind in Paraguay’s construction
chemicals sector and will allow Sika to strengthen its customer
focus by providing tailored solution for their specific require-
ments in the local market. Strong market position The new plant
represents a major step in accelerating the growth and strength-
ening the company’s market position in Paraguay. In 2013, Sika
had entered the market by acquiring the industry leader Inatec
SRL with subsequent operational expansion and broadening of
Sika’s local product portfolio. Economic growth in Paraguay is
expected to reach 4. 5 percent in 2015. With the expansion of its
production and service capacity, Sika Paraguay is well positioned
to benefit from the increasing construction activities in both the
residential and infrastructure sectors.
Sika also recently acquired the remaining shares of the Italian
based Addiment Italia from its joint venture partner Buzzi Unicem.
The company is active in the production and sale of concrete ad-
mixtures and cement grinding aids. The transaction will strengthen
Sika’s production set up in Italy and increase its market presence.
Addiment Italia generated sales of € 14 million in 2014.

In 2003 Buzzi Unicem and Sika AG formed a joint venture in order to produce an innovative range of construction chemicals that enhance the quality and performance of concrete and cement.

Sika Receives Award at PACE Competition

Sika has won two awards in the 2015 Automotive News PACE
(Premier Automotive Suppliers’ Contribution to Excellence) Award
recently taking place in Detroit, Michigan. The renowned award com-
petition for automotive suppliers honor game-changing innovations
in product, manufacturing process and information technology.
Sika was a product innovation award winner for its Sikaflex
Ultra-High Modulus Adhesive (UHM) and also took home an In-
novation Partnership Award through its collaboration with BMW.
Sikaflex UHM is a high modulus, fast cure adhesive material
currently used to bond the CFRP (Carbon Fiber Reinforced Plastic)
Life Module to the aluminum chassis Drive Module on the BMW
i3 and i8. The innovative adhesive meets the growing demand in
mixed material bonding and is ideally suited for structural bond-
ing performance.
Based on Sika’s patented i-Cure technology, Sikaflex UHM also
reduces the carbon footprint in vehicle manufacturing. The inno-
vation allows BMW to radically change the way the i3 is manu-
factured, away from conventional technique, and eliminates the
complexity of traditional body shop welding.
The PACE Award committee also honored BMW and Sika with
the Innovation Partnership Award. The panel reviewed the collab-
orative efforts of all 36 PACE Finalists with their respective OEMs
and it recognized BMW for its unique high level of collaborative
behavior with Sika in the development of BMW i3.
10Sika AG Baar, Switzerland www.sika.com

PUBLIC COMPANY YEAR ESTABLISHED: 1910

REVENUE: $2.85 billion t (2013: $3.118 billion)

MARKETS SERVED

• Adhesives • Sealants • Protective coatings

KEY EXECUTIVES

Paul Hälg, chairman of the board; Jan Jenisch, CEO; Group management: Paul Schuler, EMEA; Jose Luis Vazquez, Latin America; Silvio Ponti, building systems and industry;