Gypsum industry news
Three new plants and a new development centre for BNBM
19 March 2013China: Beijing New Building Materials Public Co Ltd (BNBM) has announced that it plans to invest US$58m to build three gypsum wallboard projects in China. BNBM, part of the massive state-controlled China National Building Material Co Ltd (CNBM) said that it will construct the plants to expand the domestic market for wallboard. In addition, the company will build a product development centre using a total investment of US$108m.
BNBM to spend US$39.3m on gypsum projects
21 August 2012China: Beijing New Building Materials has announced that its holding subsidiary Taishan Gypsum will spend more than US$39.3m building two gypsum wallboard plants and one cement retarder project using industrial by-product gypsum.
Taishan Gypsum will build one of its wallboard plants in the Shanghang Jiaoyang industrial park in Longyan City, Fujian Province. The project is estimated to cost roughly US$18.6m, of which US$5.6m will be raised by the company itself and US$13m from a bank loan.
China: Beijing New Building Materials has announced plans to build three gypsum board lines in Tianjin, Quanzhou of Fujian province and Liaocheng of Shandong province with a total investment of over US$62.9m.
The Tianjin project is a 50Mm2 plasterboard production line. Products from the project will be sold to Tianjin, Beijing, Tangshan, Qinhuangdao, Cangzhou, Dalian and overseas markets. The company plans to set up a wholly owned subsidiary with a planned registered capital of US$7.9m in Tianjin to run the project, which will also include a steel plant. The Quanzhou project will be a 30Mm2 plasterboard production line using FGD gypsum. Products will be sold to Fujian, eastern Guangdong and Taiwan.