Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to offer the most comprehensive range of sealing and bonding solutions available in the North American construction market. Emseal generates annual sales of CHF 40 million.
Based near Boston, Emseal is a well-established US company with a strong brand and a leading position with construction specifiers and contractors throughout North America. Emseal is a technology-driven company, with a reputation for high-quality products, excellent customer service and innovative solutions for structural expansion joint applications in buildings, stadiums, parking garages and infrastructure facilities. The acquisition perfectly complements Sika’s range of sealing and bonding products and offers extensive cross-selling opportunities for other Sika technologies. With manufacturing in Toronto, Canada, and Westborough, Massachusetts, Emseal is well-positioned geographically to supply the North American market.
Christoph Ganz, Regional Manager North America: “The acquisition of Emseal fits perfectly with our growth strategy in North America, enabling Sika to reach new contractor customers and better penetrate key projects. We see significant synergies coming from the combined technologies and product ranges of Sika and Emseal. We are proud to welcome the successful team from Emseal into the Sika family and we are excited about growing our business together.”
Source: SIKA
Neste is announcing the conclusion of its first series of trials into processing liquefied waste plastic with chemical recycling technology at its Porvoo refinery in Finland. The oil refining company says it has processed about 800 tons of liquefied waste plastic over the last two years – roughly the same amount generated annually by a European city with 500,000 people.
Sika performed well in a challenging environment in 2021. Despite the persistent COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly to a record CHF 9.24 billion, corresponding to growth of 17.1% in local currencies.
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