SIKA COMMENCES CONCRETE REINFORCING FIBER PRODUCTION FOR REGION EMEA
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Sika AG /
SIKA COMMENCES CONCRETE REINFORCING FIBER PRODUCTION FOR REGION EMEA
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The issuer is solely responsible for the content of this announcement.
Sika has started producing high-performance concrete reinforcing fibers for
clients in the Europe, Middle East and Africa region at its manufacturing
facility in Troisdorf, Germany, where a new production line has been
commissioned. Made of a thermoplastic material (polypropylene), the fibers are
used to increase the structural strength of concrete in highly demanding
applications. With this new production line, Sika is continuing to expand its
range of concrete additives and positioning itself as an innovative single-
source supplier to the construction industry.
The global market volume of steel and synthetic fibers used in concrete
applications is estimated at approximately CHF 800 million, with synthetic
fibers recording the biggest growth. Macro fibers such as Sika''s newly developed
product line SikaFiber® Force-60 are mainly used instead of steel reinforcements
for strengthening concrete or shotcreted structures with demanding performance
requirements. Typical areas of use include tunneling, mining, precast concrete
elements and industrial floors, as well as foundations and ground slabs. The new
fibers not only improve the safety, durability and serviceability of concrete
and enhance its performance, but also increase the efficiency of the
construction process as they are added to the ready-mixed concrete during
mixing.
Sika CEO Paul Schuler: "With our latest innovation, synthetic macro fibers, we
want to offer customers new technologies in the area of structural
reinforcement. We are carrying out a targeted investment in the build-up of
production in the EMEA region, and are confident that these high-performance
products have significant growth potential."
CONTACT
Dominik Slappnig
Corporate Communications & Investor Relations
+41 58 436 68 21
slappnig.dominik(at)ch.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development
and production of systems and products for bonding, sealing, damping,
reinforcing and protection in the building sector and automotive industry. Sika
has subsidiaries in 99 countries around the world and manufactures in over 190
factories. Its more than 17,000 employees generated annual sales of CHF 5.75
billion in 2016.
The media release and images can be downloaded from the following links:
Image: SikaFiber® Force-60 :
http://hugin.info/100359/R/2149997/825215.jpg
Image: Sika''s Concrete Fiber Production in Troisdorf, Germany :
http://hugin.info/100359/R/2149997/825214.jpg
Media Release (pdf) :
http://hugin.info/100359/R/2149997/825220.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via GlobeNewswire
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Datum: 16.11.2017 - 03:30 Uhr
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