Sika acquires concrete fibre manufacturer in US

Sika acquires concrete fibre manufacturer in US

9:03 AM, 2nd September 2016
Sika acquires concrete fibre manufacturer in US

BAAR, SWITZERLAND: Sika AG has acquired FRC Industries, a fibre manufacturer based in Tuscaloosa, US. The company offers a full line of high-quality synthetic polypropylene and steel fibres for concrete. This acquisition will accelerate growth in the US and further establish Sika as a comprehensive supplier of solutions for the construction industry.

The market growth for concrete fibres in the US is outpacing overall construction growth as the trend is moving towards structural fibres for reinforcement.

The concrete fibres of FRC Industries and the concrete colour additives of LM Scofield, a company acquired earlier this year, perfectly fit into Sika’s full range of concrete admixtures and allow Sika USA to offer a comprehensive portfolio of concrete additives. The expanded product offering will enable Sika to reach new customers and better penetrate key projects.

“The acquisition of FRC Industries is a welcome addition to our business and will support the continued growth in line with our Strategy 2018. We are proud to welcome FRC’s employees into the Sika team and we are excited about growing our businesses together,” said Christoph Ganz, regional manager, Sika North America.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BP, CNPC sign second shale gas production contract in China

LONDON, UK: BP Plc said that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China ...

Read more
Invista expands fibre capacity in US; invests $30 million

CAMDEN, US: Invista has expanded its fibre manufacturing plant in South Carolina (US), with an investment of $30-million. This will enable the compan ...

Read more
Trinseo appoints former Novelis’ CEO, Bain Capital director to its board

BERWYN, US: Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber has appointed Philip Marte ...

Read more
Jacobs acquires sulphuric acid converter technology from Bayer

PASADENA, US: Jacobs Engineering Group Inc (JEC) has acquired the patent rights for BAYQIK quasi-isothermal sulphuric acid converter technology and ot ...

Read more
K+S appoints head of investor relations as its new CFO

KASSEL, GERMANY: K+S AG said that its supervisory board has named Thorsten Boeckers (41), who has served as head of investor relations at K+S since 20 ...

Read more
BASF appoints new president of information services operations

LUDWIGSHAFEN, GERMANY: BASF SE has appointed Dr Christoph Wegner, currently senior vice president (VP) for regional business unit amines Europe as pre ...

Read more