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Sika expands epoxy resins facility in UAE   2  

November 19/2020

MOSCOW (MRC) -- Sika has commissioned a manufacturing facility in Dubai, United Arab Emirates (UAE), which produces epoxy resins aimed at flooring solutions, said the company.

Sika has decided to invest in the expansion of its manufacturing facilities at the Dubai site in order to increase flexibility in production, shorten delivery times, optimize cost structures, and reduce inventories. The locally produced epoxy resins are an important component of Sikas flooring solutions. These products are used to seal the surfaces of industrial floors and flooring for private homes, in order to ensure that the floor coverings are hard-wearing and resilient to mechanical and chemical exposure.

"By producing epoxy products in Dubai for the states in the Gulf Cooperation Council, we are increasing our competitiveness and specifically strengthening our position in the regions flooring solutions market. We have clear growth targets in the Middle East, which we are systematically implementing with the expansion of our locally produced product portfolio."

The economy of the United Arab Emirates is in decline due to the effects of the COVID-19 crisis and the drop in the oil price. However, thanks to extensive investments in the transport infrastructure, the construction industry is expected to recover quickly. As early as 2021, the building sector should see growth of 1.8% and gain further momentum in subsequent years.

Investment and capacity details were not disclosed. The economy of the UAE has been in decline due to the effects of the coronavirus crisis and the drop in oil prices, Sika said in a statement.

As MRC reported earlier, in August 2015, Swiss specialty chemicals company Sika opened its forth production site in Russia. A new mortar factory and a plant to produce concrete admixtures were opened in Volgograd, in southern Russia. Thus, at the existing site in Lobnya, 30 km north of Moscow, a new production facility, which manufactures polymers for concrete admixtures, came on stream.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.

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:construction, Sika.
Category:General News
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  • Joan 20.11.2020 19:23:45
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    Epoxy Flooring is the best floor system for all kinds of floors.<br /> https://epoxyflooringatlantaga.com/
  • Joan 20.11.2020 19:25:45
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    Epoxy Flooring is the best floor system for all kinds of floors

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