Top 5 News that Sticks
Sika Expansion in Dubai Leads the News
An announcement from Sika regarding its expansion in Dubai drew the most reader interest last week.
An announcement from Sika regarding its expansion in Dubai drew the most reader interest last week (Sika Expands Operations in Dubai and Broadens Production to Include Epoxy Resins): “Sika recently announced that it is expanding its production capacity in the United Arab Emirates with the commissioning of a new manufacturing facility in Dubai. In addition to concrete admixtures, epoxy resins are now being produced locally for the flooring target market. The site in Dubai was established in 2018 as a strategic distribution and sales center for the region.
“Sika reports that it has decided to invest in the expansion of its manufacturing facilities at the Dubai site in order to increase flexibility in production, shorten delivery times, optimize cost structures, and reduce inventories. The locally produced epoxy resins are an important component of Sika’s flooring solutions. These products are used to seal the surfaces of industrial floors and flooring for private homes in order to ensure that the floor coverings are hard-wearing and resilient to mechanical and chemical exposure.
“‘By producing epoxy products in Dubai for the states in the Gulf Cooperation Council, we are increasing our competitiveness and specifically strengthening our position in the region’s flooring solutions market,’ said Ivo Schaedler, regional manager for EMEA. ‘We have clear growth targets in the Middle East, which we are systematically implementing with the expansion of our locally produced product portfolio.’”
What expansion opportunities is your company exploring? Please contact me at suttons@bnpmedia.com to share your thoughts.
Top 5 News that Sticks for November 29 - December 5
- Sika Expands Operations in Dubai and Broadens Production to Include Epoxy Resins
- Bonding Study Evaluates Performance of Avery Dennison Adhesives with Woodbridge Flexible Foams second week at #2!
- Berry Global Sees Organic Volume Grow 2% in 2020 Fiscal Year
- Rasmussen and Happe Elected to H.B. Fuller Board of Directors
- Revenue Increases 10% for Intertape Polymer Group in 2020 Third Quarter
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
