15 July 2010 – Sika announced today a global price increase for various products from its entire product portfolio. The price increases will become effective immediately or as contracts allow.
Global price adjustments are necessary due to significantly increased raw material costs and will be adapted to the regional raw material price situation. Sika’s local sales representatives will contact customers individually to explain details of the price increases.
About Sika AG
Sika AG, located in Baar, Switzerland, is a globally active company supplying the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construction) and in industry (vehicle, building component and equipment production).
Sika’s product lines feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring as well as roofing and waterproofing systems. Subsidiaries in more than 70 countries worldwide and approximately 12,000 employees link customers directly to Sika and ensure the success of all our partners. Sika achieves annual sales of CHF 4.2 billion. Visit our website at www.sika.com.
CONTACT
Rainer Weihofen
Corporate Communications & Investor Relations
Tel.: +41 58 436 68 00
Fax: +41 58 436 68 50
weihofen.rainer@ch.sika.com
