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News BNBM to build wallboard plant in Bosnia & Herzegovina

BNBM to build wallboard plant in Bosnia & Herzegovina

Written by Global Gypsum staff
03 February 2022
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Bosnia & Herzegovina: China-based BNBM plans to build a 40Mm2/yr gypsum wallboard plant in a joint venture with Rudnik i Termoelektrana Ugljevik (RiTE Ugljevik). The new company will be called BNBM Eastern Europe and based at Ugljevik, where RiTE Ugljevik operates the coal-fired Ugljevik Power Plant. The project has an investment of Euro50m with BNBM contributing Euro45m towards the total. Construction is expected to take 18 months, although a start date is subject to the joint-venture meeting certain conditions to the satisfaction of its parent companies. RiTE Ugljevik is a subsidiary of the state-owned power company Elektroprivreda.

Last modified on 09 February 2022
Published in Global Gypsum News
Tagged under
  • Bosnia & Herzegovina
  • BNBM
  • China
  • Plant
  • Joint Venture
  • RiTE Ugljevik
  • power plant
  • government
  • Elektroprivreda
  • GGM47

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