Sika establishes national subsidiary in Kuwait

Sika establishes national subsidiary in Kuwait

5:12 AM, 1st April 2016
Sika establishes national subsidiary in Kuwait

BAAR, SWITZERLAND: Sika AG has expanded its position in the Middle East by establishing a new national subsidiary in Kuwait. The creation of this 94th subsidiary worldwide marks a further step forward in the implementation of Sika’s growth strategy, which aims to expand the group’s international presence to 100 national subsidiaries by 2018.

Kuwait’s construction market is set to grow at a tremendous pace, with investments of just under $30 billion in the focus areas of real estate and infrastructure. Key construction projects at national level include an airport extension and upgrade of the metropolitan transportation network, which alone account for a total investment of $13 billion.

The new national subsidiary positions Sika perfectly to supply high quality concrete admixtures and refurbishment products directly to customers in Kuwait and to benefit from the country’s booming construction market, the company said.

© Worldofchemicals News


Read more R&D news from Sika:

Sika opens two concrete admixtures plants in Southeast Asia

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