Saint-Gobain to build $60m plant in Abu Dhabi.
The French company, which designs, manufactures and distributes building materials and provides solutions to meet the growing demand in emerging economies for energy efficiency and environmental protection, will build the facility on a 70-hectare site in the rapidly expanding industrial area (ICAD-1) in Abu Dhabi.
Saint-Gobain, under the patronage of Shaikh Sultan Bin Hamdan Bin Mohammad Al Nahyan, adviser to President His Highness Shaikh Khalifa Bin Zayed Al Nahyan in his capacity as the Ruler of Abu Dhabi, will invest $60 million (Dh220 million) to set up the factory in partnership with Sultan International Holdings.
The facility will produce around 30 million square metres of plasterboard each year to service the growing demand for lightweight building systems for the construction sector in the region.
"The opening of our new factory demonstrates our commitment to the region. There are many exciting developments in the Middle East and with the opening of our new factory we will be better placed to service the needs of our customers through local production," Craig Chambers, Managing Director of Saint-Gobain Gyproc in the Middle East, told Gulf News.
The facility will strengthen Saint-Gobain's position as an industry leader in the construction sector and world leader in plasterboard manufacture, he said.
Saint-Gobain has a number of companies based in the Middle East including the Saint-Gobain Gyproc Middle East plasterboard business which has been operating since 2004. Saint-Gobain is now ready to build on its presence by opening a dedicated manufacturing plant for plasterboard in Abu Dhabi.
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