Gypsum industry news

Tanzania: Saint-Gobain has finalised a deal to form a joint venture in which it owns 50% of the capital of Lodhia Gypsum Industries based in Arusha, Northern Tanzania, according to the National Iraqi News Agency. Lodhia Gypsum Industries makes and sells wallboard in Tanzania, Kenya and neighbouring countries.

Tanzania: Saint-Gobain has finalised the acquisition of 50% of the capital of Lodhia Gypsum Industries, a leading producer of wallboard in Tanzania. The deal is expected to consolidate Saint-Gobain's leadership in the wallboard segment in east Africa and is in line with the group's strategy to expand its presence in sub-Saharan Africa. Lodhia Gypsum, which makes and distributes wallboard in Tanzania, Kenya and neighbouring countries, employs 90 and has a production plant in Arusha, close to the border with Kenya.