GlobeNewswire

SIKA EXPANDS MEMBRANE PRODUCTION IN SWITZERLAND

Share

SIKA EXPANDS MEMBRANE PRODUCTION IN SWITZERLAND

At its existing site in Sarnen, Switzerland, Sika is putting into operation a new production facility for the SikaProof® structural waterproofing membrane. This investment in expansion will boost manufacturing efficiency and thus enable the company to serve the rapidly growing market. The SikaProof® product family – for which a doubling of sales by 2023 is targeted under Sika's new growth strategy – benefits from the application of an innovative, patented membrane technology.

The SikaProof® system is used to waterproof below-ground structures and basements. The full bond between the SikaProof® sheet membrane and concrete structure is the key to the system's reliable performance. The ever more stringent requirements placed on the watertightness of basements in the wake of growing urbanization and densification are fueling the demand for high-grade and therefore long-lasting waterproofing systems.

The new production facility will allow the membranes to be manufactured in a single operation at one site. This, in turn, will simplify the supply chain and significantly improve sustainability performance.

Ivo Schädler, Regional Manager EMEA: "The new facility offers Sika a number of benefits: The manufacture of SikaProof® membranes in a single step will boost efficiency, increase capacity, and thereby allow us to provide our customers in the EMEA region with an even better service. This, in turn, will pave the way for further growth in the attractive Target Market Waterproofing."

CONTACT
Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 100 countries around the world and manufactures in over 300 factories. Sika employs more than 25,000 people and generated sales of over CHF 8.1 billion in fiscal 2019. At the end of 2019 Sika won the Swiss Technology Award for a ground-breaking new adhesive technology.

The media release can be downloaded from the following link:
Media Release

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Nokia announces generational step in data center networking; new OS and tools give cloud builders unprecedented ability to adapt, automate and scale9.7.2020 18:00:00 CESTPress release

Press Release Nokia announces generational step in data center networking; new OS and tools give cloud builders unprecedented ability to adapt, automate and scale Nokia improves data center networking for all cloud builders – webscale companies, service providers and enterprises – empowering them to rapidly design, deploy, adapt and automate data center network fabrics at massive scale to keep up with increasing business demand from 5G and Industry 4.0 Apple is an early adopter of the innovative technology, deploying the solution within its cloud operations in its data centers Nokia redefines openness, application development flexibility, robustness and operational tools for rapidly building and confidently operating data center networks at scale 9 July 2020 Espoo, Finland – Nokia has redefined data center fabrics with the launch of a new and modern Network Operating System (NOS) and a declarative, intent-based automation and operations toolkit. This will allow cloud and data center bu

NEOCOM MULTIMEDIA : Résultats 2019 – Dividende et PerspectivesEuronext Paris FR0004157543 MLNEO Communiqué du 9 juillet 2020 Résultats 2019 – Dividende et Perspectives9.7.2020 15:29:42 CESTPress release

La société NEOCOM MULTIMEDIA (FR0004157543 MLNEO) a mis en paiement il y a quelques jours son dividende de 0.32 euros par action relatif à l’exercice 2019, décidé lors de l’assemblée générale du 25 juin dernier qui s’est tenue à huis clos. L’opérateur télécom a enregistré au cours de l’exercice 2019 un chiffre d’affaires proche de 22 M euros contre 26.4 M euros pour l’exercice précédent, soit une baisse de 17 %. Celle-ci est liée principalement à l’activité commerciale (baisse et arrêt de certains clients) qui n’impacte que dans une moindre mesure la marge brute, comparée aux activités éditoriales plus rentables qui se sont maintenues. Au niveau opérationnel, l’exercice enregistre une légère hausse avec un résultat d’exploitation à 1 273 K euros contre 1 192 K euros pour 2018, du fait également d’un allégement de la masse salariale. Compte tenu des autres résultats financier et exceptionnel peu significatifs, et après prise en compte d’une charge d’impôt de 383 K euros pour 2019 contre

STMicroelectronics and Fingerprint Cards Cooperate to Develop and Launch an Advanced Biometric Payment Card Solution9.7.2020 15:00:00 CESTPress release

Co-development of Biometric System-on-Card (BSoC) platform to offer an efficient and competitive solution to card manufacturers for the banking market Advanced features to enhance consumer convenience and securityCombines latest generation of STPay secure-payment technology with Fingerprints’ biometric solution expertise Göteborg, Sweden and Geneva, Switzerland - World-leading biometric company Fingerprint Cards AB (Fingerprints) has teamed with STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, to develop an advanced Biometric System-on-Card (BSoC) solution based on fingerprint-recognition technology, addressing the market demand to enhance contactless payment-card security and convenience. The BSoC integration combines ST’s latest-generation secure-payment technology based on the ST31/STPay chipset and STM32 general-purpose microcontrollers with Fingerprints’ next-generation T-Shape sensor module to provide

Update: USD TENDER OPERATION ANNOUNCEMENT9.7.2020 13:30:00 CESTPress release

USD TENDER OPERATION ANNOUNCEMENT JUL 09, 2020 Transaction type: Reverse TransactionOperation type:Liquidity providingTender date:JUL-09-2020Time for submission of bids14.00-14.30 (CEST)Start date:JUL-13-2020Maturity date:OKT-05-2020Duration:84 daysOffered volume:10.0 bln Min bid amount: 100 mlnMaximum bid amount: 4.0 blnMax number of bids:10Lowest interest supplement:0.25 percentage pointsMin bid rate:0.32 %Allocation time:15.00 (CEST) on Tender date Approved counterparties are invited to submit bids to the Riksbank, tel +46 8 6966970 by 14.30 (CEST) pm on Jul 9, 2020. Confirmation of bids to e-mail: https://www.globenewswire.com/Tracker?data=n95w75utTQsLhotPy52ty3xzHF-mU33UtdobUjUHPHbKrTbsK46lD3x0a5wjeEH4dMz9S1Iu-bGG_xgH_VZ_qg== eol@riksbank.se

Mandalay Resources Corporation Announces Production and Sales Results for the Second Quarter of 20209.7.2020 13:00:10 CESTPress release

TORONTO, July 09, 2020 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today its production and sales results for the second quarter of 2020. In the second quarter of 2020, Mandalay produced a consolidated 24,752 saleable ounces of gold equivalent and sold 24,916 ounces of gold equivalent. Dominic Duffy, President and Chief Executive Officer of Mandalay, commented, “Both operations continued their strong start to the year with a quarter-over-quarter improvement in total ounces of gold equivalent sold. The second quarter production results were the Company’s best quarterly consolidated gold production since the fourth quarter of 2017.” Mr. Duffy continued, “At Costerfield, the excellent results continued from the Youle vein, with the site producing 13,502 gold equivalent ounces. Antimony provided another solid quarter with 933 tonnes sold, the Company’s highest tonnes sold since the second quarter of 2016. The plant pro