Sika recently announced it 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. These actions are intended to help the company to further utilize market potential and consolidate its position in one of the world’s most important growth regions.
The foundation of Sika Myanmar reportedly represents another milestone in the buildup of operations in emerging markets. Sika has been supplying the Myanmar market with products imported from neighboring countries for many years. With its own subsidiary, Sika is now 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.
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.
For more information, visit www.sika.com.