Sika expands presence in Africa
Published by Rebecca Bowden,
Assistant Editor
World Cement,
Sika is expanding its presence in Africa by opening a new facility in the Angolan capital, Luanda. Alongside the production of concrete admixtures in an existing factory, mortar products will also be manufactured locally.
With the additional production capacities in Angola, Sika is moving closer to its goal of covering 70% market potential on the African continent with its own subsidiaries and production facilities.
Ivo Schädler, Regional Manager EMEA: “In the last five years alone, we have greatly strengthened our presence on the African continent, and now have 19 national subsidiaries and 18 production facilities. We are positioning ourselves in the markets early so that we can benefit from the construction boom triggered by rapid population growth and urbanization. We have been highly successful with this strategy in Africa: in the last five years we have seen 22% annual growth.”
Read the article online at: https://www.worldcement.com/africa-middle-east/31102017/sika-expands-presence-in-africa/
You might also like
CEMEX expands Regenera circularity business with new acquisition
CEMEX has announced that it has acquired a 51% stake in Israel-based SHTANG Recycle LTD, a construction, demolition, and excavation waste, (CDEW) recycling company.
