Gypsum industry news

Russia: Knauf Petroboard and the local government of the Leningrad region have signed a Euro54m deal to upgrade a gypsum wallboard liner plant in Kommunar. Two thirds of the funds will be used to upgrade equipment at the site with the remainder targeted at treatment works, according to the Stroygaz newspaper. Start-up for the equipment is scheduled for the end of 2018. The agreement has been announced as part of the St Petersburg International Economic Forum framework.