Belarus: Knauf Gips plans to invest around Euro70m in a gypsum wallboard plant at Gatovo near Minsk. The decision follows the announcement that Knauf has acquired a 50% share in the charter capital of Volma’s operations in Belarus, according to the Belarusian Telegraph Agency. Knauf arranged to become a joint-owner of Belgips with Russia’s Volma in early 2017
Construction of Belgips’ new plant started in late 2015. Once completed the unit plans to produce 30Mm2/yr of gypsum wallboard, 0.5m2/yr of gypsum partition blocks and 0.1Mt/yr of dry building mixtures. Products made at the plant will be used domestically and for export.
