SIKA AG

Sika expands mortar production in China

With the commissioning of a new production facility in Chengdu, Sika has further expanded its capacity in the rapidly growing mortar market in China. In addition to profiting from the strong demand, Sika can also benefit from the launch of new products and the expansion of the distributor network offering Sika solutions directly to craftsmen and DIY customers.

Mike Campion, Regional Manager Asia/Pacific: “The expanded mortar production in China enables us to address our customers’ needs on an even more targeted basis. With a population of 15 million people, Chengdu is one of the most important economic urban centers in Western China. Here we see a growing demand for Sika’s Building Finishing solutions due to large investments in the construction sector. The strong business trend following the corona-related lockdown shows that we are on the right track: our mortar sales have increased significantly this year despite the crisis. We will continue to expand the business and bring two additional plants onstream in the growing Chinese market over the next eighteen months.”

State investment driving growth

China’s construction industry is expected to see further growth this year, despite Covid-19. The expansion will be driven by major levels of investment spending on the part of the government, with investment in transportation and energy infrastructure, better intercity connections, and the reduction of environmental pollution. According to estimates, China’s construction industry is expected to grow by 6.1% in 2021, with annual growth averaging around five percent until 2029.

www.sika.com 

x

Related articles:

Issue 2017-12 SIKA AG

Sika expands in Pakistan with new production facility

With the commissioning of a new factory for mortar products and concrete admixtures, Sika has expanded its manufacturing capacity in Pakistan and is responding to the country’s construction boom....

more
SIKA AG

Sika expands mortar plant in Serbia

Sika is expanding its production capacities in Southeast Europe by bringing a further mortar facility as well as a warehouse for raw materials and end-products on stream at its Simanovci site in...

more
Issue 2019-6 SIKA AG

Sika expands production capacities in Egypt

Sika is developing its mortar plant in Alexandria/Egypt and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming...

more
Issue 2017-11 SIKA AG

Sika acquires leading manufacturer of waterproofing systems and mortars in the Czech Republic

Sika has agreed to acquire KVK Holding a.s, headquartered in Prague/Czech Republic, a leading manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. KVK...

more
SIKA AG

Sika acquires leading manufacturer of waterproofing systems and mortars in the Czech Republic

Sika has agreed to acquire KVK Holding a.s, headquartered in Prague/Czech Republic, a leading manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. KVK...

more