Belarus: Russian gypsum producer Volma plans to explore the city of Mozyr in Belarus for a new source of raw gypsum.
"The head of Volma Corporation is going to search for gypsum deposits in Mozyr. He believes that the deposits rich in sodium chloride might also be rich in gypsum. The company has quarries in Ukraine and brings gypsum from there. It would be good if they found this important raw material in Belarus," said chairman of the State Property Committee, Georgy Kuznetsov.
As part of Volma's recent acquisition of Belarus' Belgips, Volma pledged to upgrade Belgips' production facilities and construct a plant to produce gypsum materials in the village of Gatovo, Minsk District. The investment agreement provides that at least Euro43m should be invested in Belgips by 1 July 2018.
