Press Release: SIKA OPENS NEW AUTOMOTIVE FACTORY IN MEXICO

Sika AG / SIKA OPENS NEW AUTOMOTIVE FACTORY IN MEXICO. Processed and

transmitted by West Corporation. The issuer is solely responsible for

the content of this announcement.

Sika is adding strength and capacity to its Mexican product supply chain

in the Automotive sector with the opening of a new manufacturing

facility in Querétaro, Mexico. The new factory, which includes an

integrated logistics center, will manufacture and locally supply Sika's

full range of acoustic treatments and body structural products for the

growing number of Original Equipment Manufacturer (OEM) assembly and

component makers located in the country. The Mexican subsidiary of Faist

ChemTec, acquired by Sika at the start of 2018, will also be integrated

into the new facility.

The Mexican automotive market has grown by 25% in the last four years,

and an estimated four million vehicles will be produced in the country

in 2018. This growth is being driven by the significant number of key

players in the OEM market who are investing in increasing production

capacity. Mexico is a top automotive manufacturing location and will

soon become the sixth largest car manufacturer in the world - catching

up with South Korea.

The megatrends in vehicle manufacturing and sustainability demand to

reduce emissions, lead to a requirement for high strength bonding

systems that produce lighter, stronger, safer, quieter, and greener

vehicles, all of which can be achieved with the aid of Sika products.

Today, more than 50 million vehicles produced worldwide are built every

year using Sika's adhesives, reinforcer systems, and acoustic

treatments. The company's high performing SikaBaffle(R), SikaDamp(R),

and SikaReinforcer(R) technologies are used extensively in the vehicle

assembly process for acoustic sealing and damping applications to reduce

airborne and structure borne noise levels in vehicles, and to

structurally reinforce vehicle body shells and components for enhanced

crash durability.

Thomas Hasler, Head Industry at Sika: "Our location in Querétaro is

strategically located in the middle of the customer network we support

in Mexico. This means we are close to the many vehicle and component

manufacturing facilities already established in Mexico, as well as the

new plants coming on line. As the market grows, so do we, continually

adding value and support for our customers. The site is also home to one

of our large construction materials plants, which gives the added

advantage of a shared infrastructure and logistics network."

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 motor

vehicle industry. Sika has subsidiaries in 101 countries around the

world and manufactures in over 200 factories. Its more than 18,000

employees generated annual sales of CHF 6.25 billion in 2017.

The media release can be downloaded from the following link:

Media Release: http://hugin.info/100359/R/2218073/866911.pdf

This announcement is distributed by West Corporation on behalf of West

Corporation 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

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Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

September 28, 2018 03:00 ET (07:00 GMT)