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2015-09-18

Sika AG: SIKA OPENS NEW PRODUCTION FACILITY IN CORDOBA AND EXPANDS FOOTPRINT IN ARGENTINA

Sika AG / SIKA OPENS NEW PRODUCTION FACILITY IN CORDOBA AND EXPANDS FOOTPRINT
IN ARGENTINA. Processed and transmitted by NASDAQ OMX Corporate Solutions.
The issuer is solely responsible for the content of this announcement.
Sika is further expanding its supply chain in prosperous markets. In Cordoba,
Argentina, a new production facility for mortars and admixtures opened. The
new plant, 700 kilometers northwest of the capital Buenos Aires, is Sika's
second production site in the country. It is located in the center of a
geographical area that accounts for 25% of Argentina's GDP.

The new Cordoba plant and its warehouse for finished products will improve
Sika's access to the construction markets in Argentina's nothwestern
provinces of Tucuman, Rio Negro, Neuquen, Entre Rios, Mendoza and Cordoba.
Local production will lead to significant cost efficiency gains by reducing
freight costs and increase Sika's competitive position in the region, which
accounts for a quarter of Argentina's GDP. The plant will produce mortars
(tile adhesives and grouts) and concrete and mortar admixtures.

José Luis Vazquez, Regional Manager Latin America: "With the new plant in
Cordoba, Sika is well positioned to unlock further growth potential in the
northwestern provinces of Argentina. The latest investment in our supply
chain brings us much closer to our customers in the region, increases our
service level and allows us to optimize our cost base."

FAVORABLE GROWTH EXPECTATIONS

After years of modest growth, Argentina's economy is expected to pick up speed
and grow by an average 3.7% over the next five years, thereby stimulating
demand in the construction industry. Several projects for transport, energy
and utilities infrastructure are scheduled to start in 2016. The
Inter-American Development Bank estimates that Argentina's road network alone
requires investments of USD 1.5 billion a year for maintenance and upgrade
and to eliminate the existing expansion backlog.

CONTACT

Dominik Slappnig
Corporate Communications&
Investor Relations
+41 58 436 68 21
slappnig.dominik@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 protecting in the building sector and the motor
vehicle industry. Sika has subsidiaries in 91 countries around the world and
manufactures in over 160 factories. Its approximately 17,000 employees
generated annual sales of CHF 5.6 billion in 2014.

The media release can be downloaded from the following link:

Media Release
http://hugin.info/100359/R/1952927/710540.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#1952927

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