Sika expands capacity in Mexico with new mortar production facility

The new plant at Coatzacoalcos will also manufacture concrete admixtures

Sika
Sika
BS B2B Bureau Mexico
Last Updated : Apr 10 2017 | 4:20 PM IST
Sika opened a new mortar production facility at Coatzacoalcos in southeast Mexico. The new plant will also take over the manufacture of concrete admixtures from the previous production site at Villahermosa. Through its five factories, Sika has now established a nationwide supply chain. With a population of 120 million, Mexico has one of the largest domestic markets in Latin America and is investing heavily in infrastructure expansion. 

Jose Luis Vazquez, regional manager Latin America, Sika, commented, “The new production site at Coatzacoalcos will strengthen our position in one of Mexico's four main business centers. From here, we can supply construction projects in the metropolis of Mexico City, as well as the booming tourist centers on the Gulf of Mexico. Sika has invested strongly in the expansion of its production capacities in Mexico in recent years and is recording good growth rates in the country.”

Apart from supplying contractors with product technologies for major construction projects, Sika is also intensifying business in the builders’ merchants sector. In 2016, sales of products to end users via building material stores rose by 25 percent. This is due, among other things, to the extensive training programs offered by Sika for merchants and end customers.

Mexico is Latin America's second biggest economy. The construction sector is benefiting from the 2014-2018 National Infrastructure Program and the associated CHF 600 billion of investments. The funds are spent on residential construction, urban development and infrastructure projects in the transport, energy and water sectors. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story