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. 

Sika has acquired United Gilsonite Laboratories (UGL), a manufacturer of products for consumer and DIY waterproofing applications. 

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).

Sika has closed the transaction related to the divestment of its European industrial coatings business to The Sherwin-Williams Co. 

Sika has acquired Sable Marco Inc., a manufacturer of cementitious products and mortars in Canada. 

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 has moved into a new site in the East African country of Tanzania and is now locally producing mortars in addition to concrete admixtures.

Sika recently reported that it performed well in a challenging environment 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.

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.

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).

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.

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.

Sika Corp.’s Sikaflex-501 is a one-component silane-terminated polymer (STP) universal sealant.

Sika Corp. recently introduced its SikaLastomer-714 butyl sealant for the U.S. transportation aftermarket. 

Sika Corp. recently announced that Sikasil SG-20 has won a 2019 Readers’ Choice Award from USGlass Magazine.

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.