Gypsum industry news
Saint-Gobian enters Kenyan market through gypsum wallboard plant acquisition and acquires majority stake in ABE Mauritius
18 November 2021Kenya/Mauritius: Saint-Gobain says that has acquired a gypsum wallboard plant in Nairobi, Kenya. The company says that it plans to build a construction chemicals line on the site of the plant. According to the Global Gypsum Directory 2021, Erdemann Gypsum and Tanzania Gypsum respectively operate 10Mm2/yr and 12Mm2/yr gypsum wallboard plants in the Kenyan capital city. Saint-Gobain has also taken over a majority stake in Chryso additives, mortars and waterproofers producer ABE Mauritius in Mauritius.
The company is seeking to expand its range of light and sustainable construction solution through the acquisitions. Its footprint in Africa extends over 12 countries across 29 facilities, nine of which it opened in the past two years.