Cuba: Rose Gypsum has won a tendering process to enter into negotiations to manufacture calcined gypsum, interior panels and ceiling panels and other gypsum based materials for the construction industry in Cuba.
Rose Gypsum said was selected on the grounds of its technical and professional expertise, following its negotiations with both Empresa Materiales De Construccion Ciego de Avila (EMC), the local state company responsible for the project and the Cuban Ministry of Construction (MICONS). The commencement of negotiations is scheduled to take place in Cuba in July 2016. Rose Gypsum is negotiating to become the joint operator, distributor and manufacturer on the project. If Rose Gypsum is successful in completing the deal, it will become the sole manufacturer of gypsum related products operating in Cuba.
"I am delighted with the progress we have made and I'm extremely excited about the opportunity we have to be involved in the rapidly expanding construction industry in Cuba and the redevelopment of the country. I am looking forward to the next phase of the negotiations and hope that we can conclude a successful transaction," said Matthew Idiens, CEO of Rose Gypsum.
