Uzbekistan: Knauf is planning to invest Euro40m to expand production of gypsum boards and gypsum-based mortars, Dmitry Deripalko, the director-general of Knauf Gips Bukhara, has said. Knauf operates a gypsum wallboard business and a gypsum-based mortar company in Uzbekistan, according to Uzbekistan Daily.
The gypsum wallboard plant run by Bukharagips will be expanded first with a 30% increase in production capacity to be completed by early 2017. Then a new plant will be built at Knauf Gips Bukhara to increase production of gypsum-based mortars. Deripalko said that the project will be paid for via re-investment. Around Euro10m will be spent on construction and the remaining Euro30m on buying equipment. Kanuf also plans to launch a floor gypsum boards in the country.
Bukharagips produces 25Mm2/yr of gypsum wallboard. Knauf Gips Bukhara produces up to 60,000t/yr of mortars.
