Loven Named Chairman of the Board of Directors for Sika Canada

LYNDHURST, N.J., April 27 -- The Board of Directors of Sika AG, Baar, Switzerland, has named William E. Loven Chairman of the Board of Directors for Sika Canada. Loven heads Sika North America as Regional Manager, and Sika Corporation USA as President and CEO. He also serves as a member of Group Management of Sika AG, Switzerland.

William E. Loven joined Sika Corporation, USA, in 2000 as Senior Vice President of the Industry Products Division and was appointed President and CEO for Sika Corporation this past January. He has been instrumental in bringing new technologies into the company's product range fulfilling the objective to make Sika a full range supplier for its defined market fields.

William E. Loven has an MBA in Finance from Mercer University in Atlanta, Georgia, USA. He started his professional career in 1978 at Henkel in technical and sales responsibilities followed by a General Manager position at ITW Plexus in Danvers, Massachusetts, USA.

Sika Canada, Pointe-Claire, Quebec, Canada and Sika Corporation are subsidiaries of Sika AG, Baar, Switzerland. Sika is a leading supplier of specialty chemical products and industrial materials serving construction and industrial markets including transportation, marine, and automotive. Its technologies are focused on sealing, bonding, damping, reinforcing and protecting. Sika's product lines include concrete admixtures, specialty mortars, epoxy resins, structural strengthening systems, industrial flooring, sealants, and adhesives, specialty acoustic and reinforcing materials. Sika AG, Baar, Switzerland, has annual sales of approximately US $2.2 billion (CHF 2.6 billion), over 9200 employees and operations in more than 68 countries. Visit the Sika Corporation website at http://www.sikacorp.com/ .

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