Egypt: The German-Arab Chamber of Industry and Commerce (GACIC) has announced the opening of a new US$50m Knauf Egypt plant. The plant has a capacity of 15Mm2/yr of gypsum wallboard, 90,000t/yr of other gypsum products and 25Mm/yr of metal cutters. Construction in the Ataqa Suez industrial zone began in 2010. Suez was selected as the plant site because of its strategic location between raw materials sites, local markets and major export markets.
