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Sika opened new Ethiopia mortar plant

November 15/2019

MOSCOW (MRC) -- Sika is starting the operations of a new mortar plant at its existing site in Addis Ababa, Ethiopia, thus expanding its portfolio of locally manufactured products, said the producer.

After building a production facility for concrete admixtures in 2016, this is a further step in extending the presence in the promising Ethiopian construction market.

Ivo Schadler, EMEA Regional Manager: "With the new plant in Ethiopia we are pursuing the implementation of our Africa strategy. Thanks to the new facility we will provide the market with locally manufactured technical mortars and our tile adhesives range to serve the need for more sophisticated and technically advanced building materials. With our strong local presence we can adapt products to meet the specific customer requirements, and make products available with shorter delivery times. We are thus creating the ideal conditions for participating in the country's dynamic construction market."

Investment projects sponsored by the Ethiopian government and aimed at rapidly developing the countrys infrastructure are making a major contribution to the dynamic development of this country. According to estimates, the construction industry in Ethiopia is set to grow by 12 % in 2019 and by 8 to 9 % on average between 2019 and 2028.

As MRC informed in May 2019, Sika started operations at a plant in Doha, Qatar, for the production of concrete admixtures. The country on the east coast of the Arabian peninsula is an attractive market thanks to large-scale infrastructure investment and a number of mega projects, both ongoing and planned.

As MRC informed earlier, Russia;s output of chemical products dropped in September 2019 by 2.4% month on month. However, production of basic chemicals increased by 3.6% in the first nine months of 2019, according to Rosstat"s data. According to the Federal State Statistics Service of the Russian Federation, the largest increase in production volumes on an annualized basis accounted for mineral fertilizers and polymers in primary form. Thus, 200 ,000 tonnes of ethylene were produced in September, compared to 255,000 tonnes a month earlier. Kazanorgsintez and Stavrolen capacities were shut for maintenances in September. Thus, 2,256,000 tonnes of this olefin were produced in January-September 2019, up by 0.7% year on year.

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 motor vehicle industry. Sika has subsidiaries in 101 countries around the world and manufactures in over 200 factories. Its more than 20,000 employees generated annual sales of CHF 7.09 billion in 2018.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, compounding, compounds, construction, Polistirolbeton, Sika.
Category:General News
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