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2016-02-09

Sika AG: SIKA OPENS TWO NEW FACTORIES IN SOUTHEAST ASIA

Sika AG / SIKA OPENS TWO NEW FACTORIES IN SOUTHEAST ASIA. Processed and
transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely
responsible for the content of this announcement.
Sika is systematically implementing its Strategy 2018 by entering into new
markets and opening 6 to 8 factories a year, and has now further expanded its
presence in Southeast Asia. With one new production plant for concrete
admixtures in Myanmar and another one in Cambodia, Sika is increasing its
proximity to customers in these growing markets and continuing its successful
expansion.

The new production facility in Myanmar represents a milestone. As the first
construction chemicals supplier in the country, Sika is manufacturing locally
in a factory near to Yangon.

Heinz Gisel, Regional Manager Asia/Pacific: "By establishing a local
production facility, Sika is setting new standards in customer proximity,
product quality and direct market development. Customers benefit from short
production and delivery times, as well as concrete admixture compositions
that are tailored to the local raw materials."

Core business concrete admixtures

Sika's additives for high-performance concrete have to date been used in
construction projects such as Hanthawaddy International Airport and the
"Friendship" bridge connecting Myanmar and Laos. The latest construction
project currently being carried out with the help of Sika products in Yangon
is the Lake Suites project, which combines offices, a hotel and apartments in
one development.

Strong competitive position

By opening a new production plant for concrete admixtures in Phnom Penh, Sika
is tapping into further potential in Cambodia's booming construction
industry, which grew by 20% in 2015. The whole country lacks infrastructure,
while the younger generation is growing and moving to the cities. This is
resulting in more investments, particularly from China, Korea and Japan,
which are investing heavily in shopping centers, hotels and infrastructure
and residential construction projects close to the capital. With its new
local production facilities, Sika is meeting the growing demand for
high-quality construction products even better, and is consolidating its
leading market position in the country.

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 protection in the building sector and automotive
industry. Sika has subsidiaries in 93 countries around the world and
manufactures in over 170 factories. Its approximately 17,000 employees
generated annual sales of CHF 5.49 billion in 2015.

The media release can be downloaded from the following link:

Media Release
http://hugin.info/100359/R/1984429/727486.pdf
Sika's new plant in Myanmar
http://hugin.info/100359/R/1984429/727487.jpg
Production Team in Sika's new plant in Cambodia
http://hugin.info/100359/R/1984429/727488.jpg

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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#1984429

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