Sika expands Dubai operations and extends production to include epoxy resins
The Swiss Sika AG announced it is further expanding its production capacity in the United Arab Emirates with the commissioning of a new manufacturing facility in Dubai. In addition to concrete admixtures, epoxy resins are now being produced locally for the target market flooring.
The site in Dubai was established in 2018 as a strategic distribution and sales centre for the region, 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, optimise cost structures, and reduce inventories. The locally produced epoxy resins are an important component of the company’s 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 region’s 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,” said Ivo Schaedler, Regional Manager EMEA at Sika.
According to Sika, the economy of the UAE is in decline due to the effects of the Covid-19 crisis and the drop in 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 percent and gain further momentum in subsequent years, said the company.