Market News Sikaaxson becomes Sika Advanced Resins
Three years after its takeover, a new chapter begins for Sikaaxson. The Business Unit has beenrenamed Sika Advanced Resins, marking a new step in the integration of the Sika Group.
The name Sika Advanced Resins reflects the desire to highlight the synergies provided by the Sika Group, a global player in specialty chemicals for the construction and industrial sectors. "This new identity strengthens Sika Advanced Resins' positioning in relation to its competitors, as it gives visibility to the activities of the entire Group and allows us to better position ourselves in our markets.
Today, the BU is the number one tooling company in Europe and is aiming to become the world leader in the formulation of high-performance epoxy and polyurethane resins for tooling, composites and dielectrics," explains Morten Muschak, Head of Sika Advanced Resins. Sika Advanced Resins will benefit from synergy with the Sika Group's international network of experts. The Business Unit remains focused on its core businesses: tooling, composites and encapsulation (electrical/electronic), offering customized solutions to its customers worldwide.
Sika Advanced Resins' know-how has applications in the aeronautics, automotive, nautical and rail sectors as well as their subcontractors in foundry, modelling and rapid prototyping. To innovate and develop sustained growth in these sectors, Sika Advanced Resins invests significantly in R&D every year. Its strength lies in its 6 R&D centers located in France, Germany, China, the United States, Mexico and Japan.