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SINGAPORE (ICIS) – Sika has commissioned a manufacturing facility in Dubai, United Arab Emirates (UAE), which produces epoxy resins for flooring solutions, the Swiss specialty chemicals company said Thursday.
Locally produced epoxy resins are a key component of Sika flooring solutions which are used to seal the surfaces of industrial floors and floors for private homes.
Details on investments and capacity were not disclosed.
The UAE’s economy is in decline due to the effects of the coronavirus crisis and falling oil prices, Sika said in a statement.
“However, thanks to the large investments in transport infrastructure, the construction sector is expected to recover quickly,” he said. “As early as 2021, the construction sector is expected to see growth of 1.8% and gain further momentum in the following years.”
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