Sika AG (0Z4C.L)
- GlobeNewswire
SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA
SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA Sika opened a new plant in Liaoning, the largest province in northeastern China. This site will manufacture a full range of products, including mortars, tile adhesives, and waterproofing solutions. This highly efficient new plant enables Sika to meet the market demands, whilst significantly reducing logistical distances. The Liaoning plant will cater to Sika customers in three provinces in northeastern China, with a population of more tha
- GlobeNewswire
SIKA RECEIVED SBTi VALIDATION FOR ITS NET-ZERO TARGETS
SIKA RECEIVED SBTi VALIDATION FOR ITS NET-ZERO TARGETS Sika’s near and long-term emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science Based Targets initiative (SBTi)1. This important achievement underscores Sika’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries. By 2032, Sika is committed to reducing its greenhouse gas (GHG) emissions by 50.4% compared to the 2022 baseline, for scope
- GlobeNewswire
SIKA SUCCESSFULLY PLACES CHF 400 MILLION BOND
SIKA SUCCESSFULLY PLACES CHF 400 MILLION BOND Sika today successfully placed a bond with a total amount of CHF 400 million through a dual tranche. The payment date of the bonds is May 28, 2024. The bonds were placed under the lead management of BNP Paribas, UBS and Zürcher Kantonalbank. They will be listed on the SIX Swiss Exchange. CHF 200 million bond May 2024 – November 2029 (5.5 years) with a fixed coupon of 1.65% per annum. The bond was issued at 100.042% which reflects a yield of 1.6425%.C
