SIKA STARTS MORTAR PRODUCTION IN SENEGAL

Sika is expanding production capacity in
Senegal, West Africa, by opening a mortar production facility at its existing
factory in Dakar. The plant will initially manufacture tile adhesives, grouts,
concrete repair and waterproofing mortars and at a later stage cementitious
flooring solutions.

Two years after the establishment of the new national subsidiary, and
one year after opening a concrete admixtures plant, Sika is now starting to
produce mortar products in Senegal.

With its expansion strategy, Sika aims to further increase its market
share in the booming construction market, one of the country’s key economic
sectors. Senegal has one of the strongest growth rates in sub-Saharan Africa.
Its economy grew by 7% in the past year.

Average growth of 6% is forecast for the construction market over the
next few years.

Ivo Schädler, EMEA Regional Manager: “Our growth strategy in Africa
has paid off, and we are achieving above-average growth rates. Over the last
four years alone, we have increased sales on the African continent by more than
21% per year. In West Africa, Senegal is one of the fastest-growing countries
with large investment projects in the areas of infrastructure, transport,
energy, and oil. We want to position Sika in these major projects and bring the
best products, systems, and services to our customers.”

More information from Dominik Slappnig, Tel:+41 58 436 68 21 /
slappnig.dominik@ch.sika.com