WASHINGTON (dpa-AFX) - Sika AG (SXYAY.PK, SKFOF.PK), a Swiss specialty
chemical company, said on Thursday that it will continue to invest in its
polymer production at its Sealy site in Texas to meet rising demand for its
concrete admixture in the U.S. and Canada. The total sum of the investment is
not known.

The company's latest decision marks its second polymer investment in Texas
within five years.

Among developed countries, the demand for concrete additives in the U.S. is
projected to register a rapid growth, maintaining a CAGR of 3.4 percent and
reaching $3.6 billion by 2026.

Polymers are chemical building blocks needed to manufacture Sika ViscoCrete,
Sika's high-performance, resource-saving concrete admixture.

Sika ViscoCrete is a high-performance super-plasticizer for concrete
manufacturing, significantly reducing water usage.



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