Sector News

Sika acquires FRC Industries

September 1, 2016
Energy & Chemical Value Chain

Sika has announced its acquisition of FRC Industries, a fibre manufacturer based in Tuscaloosa, Alabama.

The company offers a full line of high quality synthetic polypropylene and steel fibres for concrete. Through this acquisition, Sika will be able to accelerate growth in the USA and further establish itself as a comprehensive supplier of solutions for the construction industry.

The concrete fibres of FRC Industries and the concrete colour additives of L.M. Scofield, a company acquired earlier this year, perfectly fit into Sika’s full range of concrete admixtures and allow Sika USA to offer a comprehensive portfolio of concrete additives. The expanded product offering will enable Sika to reach new customers and better penetrate key projects.

Christoph Ganz, Regional Manager North America: “The acquisition of FRC Industries is a welcome addition to our business and will support the continued growth in line with our Strategy 2018. We are proud to welcome FRC’s employees into the Sika team and we are excited about growing our businesses together.”

Source: World Cement

comments closed

Related News

March 24, 2024

Thomas Gangl leaves Borealis

Energy & Chemical Value Chain

Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.

March 24, 2024

Chemours names Dignam permanent CEO

Energy & Chemical Value Chain

The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.

March 24, 2024

Neste merges three business lines into new Renewable Products unit

Energy & Chemical Value Chain

Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.

How can we help you?

We're easy to reach