Sika Corp.

Articles

Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition

With this acquisition, Sika reports that it will become the number-one supplier of green roofs in North America.

July 23, 2021

Sika recently announced that it has acquired American Hydrotech Inc. in the U.S. and its affiliate Hydrotech Membrane Corp. in Canada.

Sika to Acquire Japan-Based Hamatite

Hamatite offers adhesives and sealants to the automotive and construction industries.

May 6, 2021

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Sika recently announced that it has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd.

Sika Increases 2021 Annual Sales Target Following Record-Breaking First Quarter

Sika reported record sales of almost CHF 2 billion (approximately $2.2 billion) in the first quarter of 2021.

April 27, 2021

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Despite the ongoing COVID-19 pandemic, Sika recently announced that it has had a dynamic start to the 2021 fiscal year.

Sika Begins Production of Epoxy Resins in Qatar, Expands Capacity for Concrete Admixtures

Local production facilities will allow Sika to comply with Qatar's state sourcing policy that stipulates preference be given to domestically manufactured products.

April 16, 2021

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Sika recently announced that it has started manufacturing epoxy resins and has expanded its production capacity for concrete admixtures in Qatar.

Sika Acquires DriTac

Sika reports that the acquisition strengthens its growth platform for interior finishing in the U.S.

April 5, 2021

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Sika recently announced the acquisition of DriTac, a U.S.-based floor covering adhesives company.

Sika to Acquire Supermassa do Brasil

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.

March 26, 2021

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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 Structural Adhesive for Automotive Assembly Named a Finalist in 2021 Edison Awards

Sika reports that the SikaPower-550 G adhesive combined the requirements of three separate Ford materials specifications into one single specification.

March 4, 2021

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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.

Sika Announces 2020 Financial Results, Taps Hasler to Succeed Schuler in May

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.

February 25, 2021

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Sika announced its 2020 financial results, including sales of approximately CHF 7.9 billion (~ $8.8 billion), and the appointment of a new CEO.

Sika Reports Strong 2020 Results Despite Pandemic-Related Challenges

According to Sika, its growth trajectory was extended with a 2020 sales increase of 3.4% in local currencies.

January 14, 2021

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Sika recently announced its results for 2020, a year characterized by the deep-rooted global challenges caused by COVID-19.

Sika Expands Operations in Dubai and Broadens Production to Include Epoxy Resins

In addition to concrete admixtures, Sika will now also produce epoxy resins in the United Arab Emirates for the local flooring target market.

November 25, 2020

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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 Expands Shotcrete Admixture Production in France

Though COVID-19 has sparked a contraction in France’s construction sector this year, a recovery is forecast for 2021.

November 16, 2020

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Sika has started production of shotcrete admixtures at its main plant in Gournay-en-Bray, France.

Acquisitions Help Drive Results for Sika in First Nine Months of 2020

Sika’s sales for the first nine months of 2020 increased by 2.6% in local currencies to CHF 5.8 billion (approximately $6.4 billion).

October 30, 2020

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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).

Sika Shares Details Regarding COVID-19 Impact and Strategic Targets

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.

October 8, 2020

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At the recent Sika Capital Markets Day 2020 held in Zurich, CEO Paul Schuler confirmed the group’s strategic targets.

Adhesives in Automotive Assembly

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.

Greg Moran

September 29, 2020

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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.

2020 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants

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.

Susan Sutton

August 12, 2020

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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 Acquires Egypt-Based Modern Waterproofing Group

The acquisition reportedly supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market.

June 9, 2020

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Sika recently announced that it has acquired Modern Waterproofing Group, a manufacturer of roofing and waterproofing systems in Egypt.

Sika Incorporates Existing Products in New Safety Mask Production to Combat COVID-19

The masks incorporate polyester-based protective layers used in roof waterproofing membranes, as well as silicone-based sealants.

May 27, 2020

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Sika recently announced that it has begun production of respiratory masks at its Les Salles du Gardon facility in southern France.

SIKA: Silane-Terminated Polymer Sealant

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.

May 14, 2020

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

Despite Slowed Growth in March Due to Pandemic, Sika Breaks Sales Record in 2020 First Quarter

Since the pandemic situation is changing constantly, Sika reports that it is adapting measures specifically in line with the new circumstances.

April 22, 2020

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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.

Sika Expands Waterproofing Membrane Production in Switzerland

The new production facility will allow the membranes to be manufactured in a single operation at one site.

March 20, 2020

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At its existing site in Sarnen, Switzerland, Sika is putting into operation a new production facility for its SikaProof structural waterproofing membrane.

SIKA CORP.: Easy-to-Remove Elastic Butyl Sealant

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.

March 12, 2020

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

Sika Joins Supply Chain Sustainability Initiative

Sika reports that its goal is a 12% reduction in carbon dioxide emissions per ton manufactured by 2023.

March 2, 2020

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Sika recently announced that it has joined the Together for Sustainability (TfS) initiative as a new member.

Sika Opens New Plant in Colombia

Sika reports that the facility features modernized production lines, significantly increased capacity, and a training center for customers.

February 5, 2020

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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 Silicone Adhesive Receives USGlass 2019 Readers’ Choice Award

According to Sika, the product offers excellent adhesion to a wide range of substrates that are widely used in structural glazing applications.

January 21, 2020

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

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

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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.

2019 ASI Top 20 Adhesives and Sealants Manufacturers List

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.

Susan Sutton

August 7, 2019

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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.

Sika Corp.

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Articles

Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition

Sika to Acquire Japan-Based Hamatite

Sika Increases 2021 Annual Sales Target Following Record-Breaking First Quarter

Sika Begins Production of Epoxy Resins in Qatar, Expands Capacity for Concrete Admixtures

Sika Acquires DriTac

Sika to Acquire Supermassa do Brasil

Sika Structural Adhesive for Automotive Assembly Named a Finalist in 2021 Edison Awards

Sika Announces 2020 Financial Results, Taps Hasler to Succeed Schuler in May

Sika Reports Strong 2020 Results Despite Pandemic-Related Challenges

Sika Expands Operations in Dubai and Broadens Production to Include Epoxy Resins

Sika Expands Shotcrete Admixture Production in France

Acquisitions Help Drive Results for Sika in First Nine Months of 2020

Sika Shares Details Regarding COVID-19 Impact and Strategic Targets

Adhesives in Automotive Assembly

2020 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants

Sika Acquires Egypt-Based Modern Waterproofing Group

Sika Incorporates Existing Products in New Safety Mask Production to Combat COVID-19

SIKA: Silane-Terminated Polymer Sealant

Despite Slowed Growth in March Due to Pandemic, Sika Breaks Sales Record in 2020 First Quarter

Sika Expands Waterproofing Membrane Production in Switzerland

SIKA CORP.: Easy-to-Remove Elastic Butyl Sealant

Sika Joins Supply Chain Sustainability Initiative

Sika Opens New Plant in Colombia

Sika Silicone Adhesive Receives USGlass 2019 Readers’ Choice Award

Sika Achieves Record Sales in 2019

2019 ASI Top 20 Adhesives and Sealants Manufacturers List

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