Gypsum industry news
FACT-RCF to enter deal with Tata Housing
24 February 2015India: Gypsum wallboard and plaster maker FACT-RCF Building Products Ltd (FRBPL) is expecting to sign a supply contract with Tata Housing. FRBPL is a 50:50 joint venture between Kochi-based Fertilisers and Chemicals Travancore Ltd and Rashtriya Chemicals & Fertilisers Ltd (RCF).
"The negotiations are on with Tata Housing. We hope to conclude the negotiations soon and ink the deal," said C P Dinesh, managing director of FRBPL. Dinesh said that the plant in Kerala has a capacity of 1.4Mm2/yr and started production in 2012. According to Dinesh, Tata Housing is planning to construct ground plus four buildings and needs wallboard panels in large numbers.
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Global Gypsum News