immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Spezialitätenchemie

  • Digital concrete technologies strengthen future strategy

    Digital concrete technologies strengthen future strategy

    Sika generated global sales totalling 5.68 billion Swiss francs in the first half of 2025. Year-on-year growth of 1.6 per cent in local currencies was thus achieved, the speciality chemicals group for construction and industry reported in a press release. Organic growth was reported at 0.6 per cent, while the remaining 1.0 per cent growth was generated through acquisitions. In Swiss francs, sales were 2.7 per cent lower than in the same period of the previous year, mainly due to the weaker dollar.

    The operating result at EBITDA level was also impacted by foreign currency effects. At CHF 1.07 billion, it was 2.1 per cent below the previous year’s figure. However, the EBITDA margin increased from 18.7 to 18.9 per cent.

    “In a challenging market environment, we once again succeeded in growing above the industry trend and gaining further market share,” said Sika CEO Thomas Halser in the press release. He believes the Group is particularly well positioned in the project and infrastructure sector. “With more than 1,000 data centres built with our technologies to date and a strong project pipeline”, Sika has also “established itself as a preferred partner for technology leaders”.

    In the semester under review, Sika acquired a total of four companies and inaugurated seven new plants. The targeted investments are intended to strengthen the Group’s future growth. In the press release, Sika cites the minority stake acquired in Giatec Scientific in June as a strategically important step. The company from Ottawa in the Canadian province of Ontario specialises in digital concrete technologies.

  • Record sales of Swiss multinational speciality chemicals group

    Record sales of Swiss multinational speciality chemicals group

    Sika set a new sales record in the 2024 financial year. At 11.76 billion Swiss francs, the record result of 2023 was exceeded by 4.7 percent, the global speciality chemicals company for construction and industry announced in a press release. Increased synergies from the integration of the construction chemicals business MBCC acquired in 2022 and local acquisitions of Kwik Bond in the USA, Vinaldom in the Dominican Republic and Chema in Peru contributed to the sales growth. Organic sales growth amounted to 1.1 per cent.

    In addition to the acquisitions, all regions contributed to the record sales. At 11.2 per cent in local currencies, sales growth was strongest in the Americas region. In the EMEA and Asia/Pacific regions, growth rates of 7.3 and 2.4 percent respectively were realised in local currencies.

    “Over the past twelve months, Sika has successfully held its own in a market environment that remains very challenging and achieved a new sales record,” said Thomas Hasler, CEO, in the press release. “Our growth initiatives, our powerful and sustainable innovations and our consistent sales strategy for further market penetration are successful and impressively demonstrate that we are gaining further market share.” Sika will communicate its full Annual Report 2024 on 21 February. The Group expects operating profit at EBITDA level to increase at a faster rate than sales.

  • Sika opens technology center in India

    Sika opens technology center in India

    Sika AG , headquartered in Baar, has opened a new facility in India. In the industrial city of Pune in the state of Maharashtra, the specialty chemicals manufacturer is developing and producing adhesives and sealants for the Indian market in a new technology center and production facility, according to a media release .

    The 8-million city of Pune is a leading industrial center, in particular due to its established automobile manufacturers and suppliers. The new Sika location with laboratories for development and a factory for production is conveniently located in terms of traffic in order to be able to supply customers quickly, according to the press release.

    “The expansion of our own production facilities as well as our on-site research and development facilities promotes the development of our local know-how and brings enormous advantages to our customers. Customer-specific solutions can be developed, produced and delivered within a very short time. In this way we are laying the basis for Sika's long-term growth and further development in this important market, "said Morten Muschak, Corporate Target Market Manager Industry at Sika, in the press release.

    Sika AG wants to benefit from economic growth, increasing urbanization and a favorable investment policy in India. The country is currently home to the fifth largest automobile market in the world. According to forecasts, the construction industry will grow by an average of 6.5 percent per year by 2030. The vehicle industry is expected to grow by more than 10 percent per year, according to the press release.

  • Sika sells industrial coatings business in Europe

    Sika sells industrial coatings business in Europe

    According to a press release, Sika has made the strategic decision to sell its European industrial coatings business based in Vaihingen near Stuttgart, Germany. The buyer is the American Sherwin-Williams Company , the world’s leading supplier of industrial paints and coatings. In contrast, this business offers Sika “little potential for synergies” at group level. The division is therefore “a niche business within the Sika Group”.

    The portfolio includes corrosion and fire protection coatings, which are mainly sold in Germany, Switzerland, Poland and Austria. This offers Sherwin-Williams, whose core competencies include industrial coatings, “an important strategic opportunity to promote growth and expand its market position in Europe”.

    It was “very important” for Sika to “find a suitable strategic owner who will continue to invest in the further development of products and the further training of employees”, regional manager EMEA, Ivo Schädler, is quoted in the press release. “Within this organization, the Industrial Coatings division and its employees have the ideal prerequisites to develop their full potential.”

  • Sika is strengthening in Japan

    Sika is strengthening in Japan

    With Hamatite, Sika takes over one of the leading Japanese suppliers of adhesives and sealants. Its annual turnover was most recently 160 million francs. The tire manufacturer Yokohama Rubber has sold this business area as part of a reorientation towards its core business.

    With Hamatite, the Zug-based specialty chemicals company has expanded market access to all important Japanese automobile manufacturers, including those outside of Japan. According to a press release , Sika intends to significantly increase the proportion of its solutions per vehicle. In addition, Sika receives extensive global production capacities and can thus offer all car manufacturers long-term advantages in the supply chain.

    The acquisition also expands Sika's portfolio of high-quality adhesives and sealants that meet the high Japanese building standards. Sika's market penetration in the automotive and construction sectors will accelerate, said Sika CEO Paul Schuler. "With our global production capacities, we will be able to serve our customers in the automotive sector even better, both on a global and a local level."

    "We look forward to", says Mike Campion, Regional Manager Asia / Pacific at Sika, "to welcome the Hamatite employees at Sika and to develop our joint cross-selling potential together with them".