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News Knauf to invest extra US$5m in Tanzania

Knauf to invest extra US$5m in Tanzania

Written by Global Gypsum staff
28 June 2017
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Tanzania: Knauf plans to invest an additional US$5m in a production site in Mkuranga district. The German company has already invested US$10m into the unit, according to the Citizen newspaper. The company started operations in the country in 2014 and it employs over 150 people. It is its first unit in Sub-Saharan Africa.

Zachopoulos Georgios, the managing director for East Africa, said that the subsidiary sources most of its raw materials locally and that it mines gypsum in the south of the country. He added that the company is focusing on promoting regular gypsum boards of 9mm and 12mm and boards of 12.5mm for moisture-resistance and fire resistance for the East African region. It will also offer other products from its portfolio, including related powder, steel sections, screws and tape offerings. The company exports 8% of its production at present and it hopes to increase this to 20 – 30% in the coming years.

Last modified on 11 July 2017
Published in Global Gypsum News
Tagged under
  • Tanzania
  • Knauf
  • Plant
  • investment
  • Export
  • GGM35

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