Sika recently announced that it has invested in a new state-of-the-art plant for the production of concrete admixtures, acrylic liquid-applied membranes, and mortars in Barranquilla, the fourth-largest city in Colombia, and has relocated and expanded the activities of an existing factory to the new facility. The factory supplies the Caribbean market and the northern part of Colombia.
Sika reports that the facility features modernized production lines, significantly increased capacity, and a training center for customers. The company has three other manufacturing plants in Colombia, located in Tocancipá, Rionegro, and Duitama.
“We are executing our strategy and focusing our business activities on the largest markets and metropolitan areas,” said Christoph Ganz, regional manager for Americas. “With our latest investment in Barranquilla we will be able to better capture the potential of the dynamic construction market in the Caribbean region. Our aim is to grow more quickly than the construction market in this region, which currently has an annual growth rate of 15%.”
Colombia is one of the most attractive infrastructure markets in Latin America, according to Sika. The main growth drivers are investments in urban short-distance transport, freeways and bridges, and energy and utilities infrastructure. For more information, visit www.sika.com.