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News Items filtered by date: Thursday, 27 February 2025

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Industrial House for Building Materials announces upcoming Sinai gypsum wallboard plant

27 February 2025

Egypt: Industrial House for Building Materials has signed a contract with the General Authority of the Suez Canal Economic Zone to build a new factory in Sinai’s Technology Valley in East Ismailia. Arab Finance News has reported that the producer will invest US$12m to build the plant. When operational, it will produce 4Mm2/yr of gypsum wallboard, 900,000t/yr of plaster and 60m bags annually. Industrial House for Building Materials expects to export 80% of the plant’s total production.

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