Gypsum industry news

Vietnam: Vina Kraft Paper Co Ltd (VKPC), a joint venture between Thailand's Siam Kraft Industry Co Ltd (part of Siam Cement Group – SCG) and Japan's Rengo Co Ltd, will spend an additional US$126m expanding its packaging paper plant in Binh Duong. VKPC will invest the money to double the existing paper capacity to 847,000t/yr. The plant was commissioned with an initial investment of US$171m in 2010 and is now the biggest packaging paper plant in Vietnam. The new production line is set for operation in the second quarter of 2017.