Sika AG Takes a Giant Leap in Sustainable Construction
In a groundbreaking move, Sika AG has formed a joint venture with Sulzer to revolutionize the construction industry through innovative plastic recycling. This strategic partnership brings together Sika’s expertise in polymer applications and high-performance building materials with Sulzer’s cutting-edge process knowledge in chemical recycling.
Located in the Zurich area, this joint venture is a testament to the company’s commitment to sustainability and environmental responsibility. With equal ownership from both partners, the venture is poised to start operations in the second half of 2025, with pilot projects already planned in Germany, Austria, and Switzerland.
The joint venture’s primary objective is to develop and implement efficient plastic recycling processes that can be seamlessly integrated into the construction industry. By combining Sika’s extensive experience in polymer applications with Sulzer’s expertise in chemical recycling, the partnership aims to create a more sustainable and environmentally friendly construction sector.
Market Sentiment Remains Positive
Meanwhile, the Swiss stock market has shown a positive trend, with the SMI index rising by 0.56% at the start of trading on Tuesday. This follows a relatively stable Monday, where the SMI index closed with a minor loss of 0.10%. The SLI index, which tracks the performance of smaller companies, also showed a minor decline of 0.14% at the end of Monday’s trading.
Despite these minor fluctuations, the overall market sentiment remains positive, with the SMI index having risen by 5.52% since the beginning of 2025. This upward trend is a testament to the resilience and growth of Switzerland’s economy, with Sika AG’s innovative partnership being a significant contributor to this positive momentum.
Key Statistics
- SMI index rose by 0.56% at the start of trading on Tuesday
- SMI index closed with a minor loss of 0.10% on Monday
- SLI index showed a minor decline of 0.14% at the end of Monday’s trading
- SMI index has risen by 5.52% since the beginning of 2025