Sika recently released its financial results for the first half of 2025, posting sales of CHF 5,676.4 million (approx. $7,020.1 million) compared to CHF 5,834.8 million (approx. $6,589.9 million) in first half of the previous year. The company attributed the weaker U.S. dollar, which lost 10% against the Swiss franc in the second quarter, as […]
Founded in 1910 by Kaspar Winkler, Sika began with the invention of Sika-1, a quick-setting waterproofing admixture for mortar. This innovation was instrumental in waterproofing the Gotthard Tunnel, facilitating the electrification of a vital railway link between Northern and Southern Europe . From these beginnings, Sika has evolved into a global specialty chemicals company, developing […]
Sika announced today that the company has acquired Gulf Additive Factory LLC (GAF) in the State of Qatar. GAF manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. Sika reports that the acquisition strengthens its foothold in the country and provides opportunities for further expansion. […]
Sika announced today that the company continues to deliver on its Local-for-Local strategy with the launch of three new manufacturing investments in China, Brazil, and Morocco. The investments reinforce Sika’s commitment to serving customers with local production, global expertise, and sustainable innovation. By expanding its footprint in these markets, Sika is actively executing its growth […]
In the first quarter of 2025, Sika generated record sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million). This equates to an increase of 1.1% in Swiss francs. Sika once again succeeded in achieving organic growth in a declining overall market and grew by 0.9% in the first three months of the year. The […]
SikaWall®-3000 Rapid Bond from Sika Corp. is a one-component, polyurethane foam adhesive for use in Sika Exterior Insulation and Finish Systems (EIFS). The high-performance adhesive is designed for fast and durable Sika EIFS installations. The polyurethane foam adhesive is engineered to provide superior adhesion, significantly reducing EIFS installation time while ensuring long-lasting durability. With rapid-setting […]
Sika has opened a new production facility in Ust-Kamenogorsk, Kazakhstan, with production lines for mortar and concrete admixtures, as well as a modern laboratory. Sika’s fourth factory in Kazakhstan, the plant is located in a key industrial region in the eastern part of the country. As a leader in construction chemicals, Sika is also involved […]
Sika is further strengthening its presence and proximity to customers in Ecuador with the opening of a new plant in Quito, Ecuador. This strategic investment enhances Sika’s ability to tap into Ecuador’s full market potential for its mortar solutions, which will be primarily used for interior walls and tile adhesives. Sika already operates a mortar […]
In posting its 2024 financials, Sika reports a strong performance in a market that remained very challenging, achieving record results and expanding its market share. In 2024, Sika generated net sales of CHF 11,763.1 million (approx. $13,292.2 million), compared to the previous year of CHF 11,238.6 million (approx. $13,699.6 million). In local currencies this corresponds […]
Sika has fully acquired HPS North America Inc., a supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the U.S. market. The company reports that fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant […]
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