China: Beijing New Building Materials Public Co Ltd (BNBM) has announced that it plans to invest US$58m to build three gypsum wallboard projects in China. BNBM, part of the massive state-controlled China National Building Material Co Ltd (CNBM) said that it will construct the plants to expand the domestic market for wallboard. In addition, the company will build a product development centre using a total investment of US$108m.
