Gypsum industry news

Egypt: Knauf Egypt has entered into a partnership to supply Hassan Allam Construction with building materials for more than 100 upcoming projects. Arab Finance News has reported that Knauf Egypt’s delivery on the contracts will reflect its commitment to the Egypt Vision 2030 national sustainable development strategy.

Knauf Egypt recently invested US$640,000 in a collaboration with the German Society for International Cooperation to train 4000 Egyptian construction sector specialists per year.

Egypt: Knauf Egypt is planning to invest US$86m in the construction of its upcoming third gypsum plant. Al Mal News has reported that the unit will double Knauf Egypt’s total production capacity of products including gypsum wallboard. It will raise the company’s installed gypsum wallboard capacity to 60Mm²/yr. The upcoming plant will serve both domestic and export markets. Knauf Egypt currently sells its wallboard in 13 countries, including Greece, Morocco and South Africa.

Egypt: The German-Arab Chamber of Industry and Commerce (GACIC) has announced the opening of a new US$50m Knauf Egypt plant. The plant has a capacity of 15Mm²/yr of gypsum wallboard, 90,000t/yr of other gypsum products and 25Mm/yr of metal cutters. Construction in the Ataqa Suez industrial zone began in 2010. Suez was selected as the plant site because of its strategic location between raw materials sites, local markets and major export markets.