Gypsum industry news
India: The Industries and Commerce Department of the Andhra Pradesh state government has granted Saint-Gobain India an extension to the duration a package of financial incentives will be available for the construction of its new gypsum wallboard plant at Atchutapuram, Visakhapatnam. The company now has until June 2022 to commence commercial production, according to the Hindu newspaper. The producer’s total investment in the project is US$268m. When finally commissioned, the plant will employ 450 locals. It will also manufacture float glass.
Saint-Gobain India also received permission from the department to change its name to Saint-Gobain Industries.
India: USG Boral has held a ground breaking event for a new 30Mm2 gypsum wallboard plant that it is building at Sri City in Andhra Pradesh. The project has an investment of US$39m. The new plant will be operated by local subsidiary USG Boral Building Products India. The site is expected to become operational by the end of 2019. It will create over 100 new jobs. It joins USG Boral’s 9Mm2 wallboard plant at Khushkhera, New Delhi.
"This facility offers us the ability to significantly increase our operations in India and provide our customers in the region with the best plasterboard products," said Frederic de Rougemont, the chief executive officer (CEO) of USG Boral.
