Articles Tagged with ''adhesives in construction''

market trends

Sika Achieves Record Sales in 2019

In a challenging market environment, Sika reports that its growth in all regions was stronger than the market in 2019.
January 13, 2020
Sika recently announced that it recorded double-digit growth and achieved a sales record of CHF 8.11 billion (approximately $8.3 billion) in the 2019 business year.
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Single-Family Housing Starts Increase in November

Overall permits, which are a harbinger of future housing production, increased 1.4% to a 1.48 million unit annualized rate in November.
January 3, 2020
Total housing starts increased 3.2% in November to a seasonally adjusted annual rate of 1.37 million units.
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residential construction

Builder Confidence Ends 2019 Strong on Solid Economic Fundamentals

All three Housing Market Index components registered gains in December 2019.
December 27, 2019
Builder confidence in the market for newly built single-family homes increased five points to 76 in December, from an upwardly revised November reading, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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residential construction

Though Home Building is Concentrated in Millennial Areas, Pace Lags Rest of Nation

The pace of housing production in areas with the greatest concentration of millennials lags the rest of the nation, according to the latest quarterly National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).
December 18, 2019
The majority of single- and multi-family housing production in the nation is occurring in counties with the greatest concentration of millennials.
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Sika Acquires Romania-Based Adeplast

Adeplast reportedly generates annual sales of CHF 120 million (~ $121.3 million) with a workforce of 460 employees.
December 6, 2019
Sika recently announced that it has agreed to acquire Adeplast SA, a manufacturer of mortars and thermal insulation solutions based in Romania.
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residential construction

Builder Confidence Holds Firm in November

The HMI index gauging current sales conditions fell two points to 76, and the measure charting traffic of prospective buyers dropped one point to 53.
November 25, 2019
Builder confidence in the market for newly built single-family homes edged one point lower to 70 in November, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
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Sika Opens Mortar Plant in Ethiopia

After building a production facility for concrete admixtures in 2016, Sika reports that this is a further step in extending its presence in the Ethiopian construction market.
November 20, 2019
Sika is starting the operations of a new mortar plant at its existing site in Addis Ababa, Ethiopia, thus expanding its portfolio of locally manufactured products.
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