Market Updates

Sika Expands Capacities in Russia

October, 2018

In Yekaterinburg, Russia, Sika opens a new production plant for concrete admixures. In Russia, the construction industry is booming and getting more investment in infrastructure projects. Along with this Russia is also investing in transport, energy infrastructure, airport & port, and urban redevelopment programs. Overall there is a diversification of the economy is driving construction demand.

The plant is surrounded with five cities with population more that one million. These cities have good construction market in the upcoming years. Huge portions of the Volga region and Siberia will also get supply from the new site.

Yekaterinburg is the capital of Ural region, it is one of the most well-off region in the country. Approximately 90% of Russia’s natural gas and more than 65% of its oil production come from Yekaterinburg. Due to all these factors and shorter transport routes will significantly strengthen Sika’s competitive spot.

The new concrete admixures manufacturing plant in Beryozovsky located to the north-east of Yekaterinburg will deliver cost-saving products to its customers. Since it is a fastest growing region, the need for customized concrete admixtures in growing construction projects is also increasing.

The regional manager EMEA, Ivo Schädler, said, the new production site near Yekaterinburg is the foundation of dynamic growth and booming construction industry. Sika is now creating the ideal framework to tap in the potential Russian market.

– Khushboo Pandey,
Research Analyst,
Infoholic Research