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Manufacturer of premier adhesives and sealants meeting high performance demands of customers for OEM assembly operations, field installation, and service applications in multiple industries.
The completion of the transaction, as well as Sika’s acquisition of MBCC Group, are subject to regulatory approvals and expected in the first-half of 2023.
Sika has released its 2022 financial report. According to the report, Sika performed well against an increasingly difficult economic backdrop with CHF 10.49 billion in sales.
By commissioning the new plant, Sika hopes to expand its position in this rapidly growing metropolitan area. The area is set to become even more important as China is creating the Chengdu-Chongqing business district with almost 100 million inhabitants.
Sika has released a financial report detailing its performance in a volatile economic environment. According to the report, Sika achieved another record result in the first nine months of fiscal year 2022.
Sika recently announced that it has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia.
Despite supply shortages in raw materials and a highly inflationary environment, Sika reported increased sales in the first quarter of 2022, posting a new record figure of nearly CHF 2.4 billion (approximately $2.6 billion).
Despite the ongoing COVID-19 pandemic and bottlenecks in the procurement of raw materials, Sika reported sales rose by 17.5% to a record CHF 9.3 billion (approximately $10.1 billion) in 2021.
Sika recently announced that it is opening a new technology center and manufacturing plant for high-quality adhesives and sealants in Pune, a city in the federal state of Maharashtra, India.
Sika has expanded its production capacity in the rapidly growing Chinese construction market with the opening of a new mortar production facility in Jiaxing City, in the province of Zhejiang in Eastern China.
Sika recently announced that it has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds.
Despite the persistently strong impact of the coronavirus pandemic and the associated bottlenecks in the procurement of raw materials, Sika recently reported that it has been able to continue on its consistent growth trajectory, closing the first nine months of 2021 with record results.
Sika recently announced that it has recommended the election of Lucrèce Foufopoulos-De Ridder to the board of directors at its next annual general meeting, to be held April 12, 2022.
Sika is sponsoring the Peak Evolution expedition, a challenging project to reach a new world record. The Peak Evolution team is developing an innovative and sustainable agricultural vehicle called TERREN, working completely with electrical power.
Bexel operates five strategically located production plants that complement Sika’s existing geographical footprint and further support the strategic focus on big cities.
Sika recently announced that it posted record results in the first half of 2021, despite the COVID-19 pandemic continuing to seriously impact business in all regions.
Local production facilities will allow Sika to comply with Qatar's state sourcing policy that stipulates preference be given to domestically manufactured products.
The acquisition will reportedly provide Sika with improved access to builders’ merchants and specialized dealers and lead to cross-selling opportunities for Sika’s products through these channels.
Sika recently announced that it has agreed to acquire Supermassa do Brasil Ltda, a mortar manufacturer that operates under the BR Massa brand in the Brazilian market.
Sika reports that the SikaPower-550 G adhesive combined the requirements of three separate Ford materials specifications into one single specification.
Sika Automotive recently announced that its SikaPower-550® G structural adhesive for automobile assembly has been named a finalist in the 2021 Edison Awards™ Engineering & Materials Science category.
The company reports that its 2020 fiscal year was overshadowed by the COVID-19 pandemic, which had a number of severe effects for the construction and automotive sectors.
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.
Sika recently reported that it maintained its growth trajectory over the first nine months of 2020, despite the severe repercussions of the coronavirus pandemic, increasing sales by 2.6% in local currencies to CHF 5.8 billion (approximately $6.4 billion).
Members of group management and Sika experts explained how trends such as innovation, digitalization, renovation, and sustainability are opening up opportunities for the company to gain market share during the COVID-19 crisis.
Advanced sealants and adhesives in vehicle assembly effectively and safely address key applications that have traditionally employed mechanical fasteners while adding design freedom to today's modern vehicles.
Transportation has evolved tremendously over the last century. From horse and buggy to steam power, the internal combustion engine, multi-speed powertrains, and the latest push for hybrids and electrification—the way things move has changed tremendously.
We targeted sales figures (and other details) for finished adhesives and sealants, as well as related products, to develop the ASI Top 20 ranking of leading adhesive and sealant manufacturers.
Our annual ASI Top 20 details the leading worldwide manufacturers of adhesives and sealants. We targeted sales figures (and other details) for finished adhesives and sealants, as well as related products such as tapes, to develop the ranking.
The acquisition reportedly supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market.
According to the company, the product is ideal for both indoor and outdoor applications and bonds well to various substrates, including metal, polycarbonate, FRP, and wood.
Sika recently announced that it had a good start to the 2020 business year and has continued its growth trajectory, reporting a new sales record of CHF 1.8 billion (approximately $1.9 billion) in the first quarter.
At its existing site in Sarnen, Switzerland, Sika is putting into operation a new production facility for its SikaProof structural waterproofing membrane.
Recommended applications for SikaLastomer-714 include the sealing of bolt-in parts to vehicle flanges (i.e., truck sliders), as well as the sealing of gaskets to various substrate materials.
Sika recently announced that it has invested in a new state-of-the-art plant for the production of concrete admixtures, acrylic liquid-applied membranes, and mortars in Barranquilla, the fourth-largest city in Colombia.
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.
To develop the 2019 ASI Top 20 ranking of leading global adhesives and sealants manufacturers, we worked diligently to target company details focused specifically on adhesives and sealants.
Welcome to the ASI Top 20, our annual feature detailing the leading worldwide manufacturers of adhesives and sealants. To develop the ranking, we worked diligently to target sales figures (and other details) focused specifically on adhesives and sealants.