José Luis Vázquez, Regional Manager Latin America: "The new production site at Coatzacoalcos will strengthen our position in one of Mexico's four main business centers. From here, we can supply construction projects in the metropolis of Mexico City, as well as the booming tourist centers on the Gulf of Mexico. Sika has invested strongly in the expansion of its production capacities in Mexico in recent years and is recording good growth rates in the country."
Apart from supplying contractors with product technologies for major construction projects, Sika is also intensifying business in the builders' merchants sector. In 2016, sales of products to end users via building material stores rose by 25%. This is due, among other things, to the extensive training programs offered by Sika for merchants and end customers.
Mexico is Latin America's second biggest economy. The construction sector is benefiting from the 2014-2018 National Infrastructure Program and the associated CHF 600 billion of investments. The funds are spent on residential construction, urban development and infrastructure projects in the transport, energy and water sectors.