Sika AG (Baar, Switzerland) is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects. Synthetic macro fibers are based on an advanced technology for the constructive and static reinforcement of concrete structures. They reduce construction time and costs by eliminating the need to install conventional reinforcement, while improving the properties of cured concrete. In addition, this innovative technology significantly extends the concrete structures’ lifespan compared to steel reinforcement. These factors have a positive sustainability impact on green building ratings such as the international LEED certification system.
“The growing mobility needs in urban environments require efficient transportation infrastructure, such as new road tunnels and subway systems. At the same time, the increasing global demand for critical minerals is driving the need for macro fibers to secure mining operations. With our state-of-the-art plant in Peru, we are ideally positioned to provide our customers all over Latin America with the full range of concrete technologies, while fulfilling the most demanding sustainability requirements of construction projects,” said Mike Campion, Regional Manager Americas.
The global demand for macrofibres is projected to increase considerably in the coming years. A quarter of this demand comes from Latin America, particularly from the mining and tunneling sectors, and is forecast to grow at a CAGR of 25% over the next five years. Peru, the leading mining country in Latin America, is expected to experience the highest volume growth in the region.
By Mary Bailey
Source: chemengonline.com
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.
