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Sika establishes subsidiary in Sri Lanka

| By Mary Page Bailey

Sika AG (Baar, Switzerland; www.sika.com) is expanding its presence in the Asia/Pacific Region with the establishment of Sika Sri Lanka. Sri Lanka is experiencing a construction boom, driven by infrastructure developments and fast-growing tourism.
 
Heinz Gisel, president of Sika Asia/Pacific: “Our presence in Sri Lanka complements Sika’s supply chain in the Asia/Pacific region. It is the third step we have taken in 2014 to accelerate Sika’s growth in the region following the inauguration of new plants in Surabaya, Indonesia, and Jhagadia, India. It effectively proves our ability to quickly gain ground in promising markets and to grasp business opportunities arising in Asia.” Sika is said to be the first international player in the construction chemicals industry to establish a presence in Sri Lanka.
 
Sika Sri Lanka supplies a range of key products to the construction industry in the country. The company’s own concrete admixture production facilities and laboratories are under construction and scheduled to become operational by the end of the year.