Sika said today that it has agreed to acquire certain assets of Grupo Industrial Alce in Mexico, extending Sika’s range of solutions for roofing and waterproofing customers, and further expanding its manufacturing footprint in Mexico to better serve the Mexico City metropolitan area.
The addition of Grupo Industrial Alce’s brands will reinforce Sika’s position in key project management and specification selling. The product offerings of the two companies are complementary and will allow Sika to become market leader in bituminous membranes and number two in liquid-applied membranes in the fast-growing Mexican market. The acquisition adds a production facility close to Mexico City.
“Already having a strong position in the distribution sales channels, the addition of the acquired brands will increase our penetration into key projects and support our growth strategy.The added production capacity will also enable Sika Mexico to expand its portfolio of locally produced solutions for roofing and waterproofing,” said José Luis Vázquez, regional manager/Latin America:
By Natasha Alperowicz
Source: Chemical Week
France has launched an offshore green hydrogen production platform at the country’s Port of Saint-Nazaire this week, along with its first offshore wind farm. The hydrogen plant, which its operators say is the world’s first facility of its type, coincides with the launch of another “first of its kind” facility in Sweden dedicated to storing hydrogen in an underground lined rock cavern (LRC).
The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.
At first glance, hydrogen seems to be the perfect solution to our energy needs. It doesn’t produce any carbon dioxide when used. It can store energy for long periods of time. It doesn’t leave behind hazardous waste materials, like nuclear does. And it doesn’t require large swathes of land to be flooded, like hydroelectricity. Seems too good to be true. So…what’s the catch?