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News Knauf Gips to invest Euro70m in new wallboard plant near Minsk

Knauf Gips to invest Euro70m in new wallboard plant near Minsk

Written by Global Gypsum staff
19 December 2017
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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.

Last modified on 25 January 2018
Published in Global Gypsum News
Tagged under
  • Belarus
  • Plant
  • Knauf
  • VOLMA
  • Belgips
  • GGM39

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