Lafarge India decides to invest $25 million in new plasterboard plant

2007-05-25 00:00:00
< P align = justify > < FONT face = Verdana > NEW DELHI, May 24-French conglomerate Lafarge on Thursday announced its joint venture in India to invest Rs 1 crore (US $24.6 million) to build a factory to produce plasterboard. "Our investment is not only focused on < FONT face = Verdana > its current market, but also on its development prospects." Isidoro Miranda, executive deputy director of Lafarge, said at a news conference in New Delhi.

< P align = justify > < FONT face = Verdana > The plant in the northwestern Indian state of Rajasthan will begin production in the first quarter of 2008. Because of its fire resistance and moisture resistance, gypsum board has replaced most of the plywood production. If the plasterboard market grows by 15% as expected by 2010, Lafarge will invest again. The new plant is expected to produce 10 million square meters of gypsum board.

< P align = justify > < FONT face = Verdana > LafargeBoro Asia is a 50/50 joint venture between Boro Limited of Australia and Lafarge Group of France. Lafargeboro Asia Gypsum Group ( "Lafargeboro Asia") < FONT face = Verdana >. Since its inception in June 2000, Lafarge Boro Asia has grown to become the largest producer and supplier of plasterboard and plasterboard related products in Asia (other than Japan). Lafargeboro's Asian operations < FONT face = Verdana > span China, Korea, Indonesia, Thailand and Malaysia, with products exported to many countries in the Asia-Pacific region.

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Correlation

According to French media reports, India's Ediabella Group (Aditya Birla Group) and France's Lafarge Construction Materials Group (Lafarge) will negotiate the acquisition of diversified group Jaiprakash Associates'cement plants in two Indian States.

2012-06-20 00:00:00

Following the success of the first Lafarge Creation Awards in 2010, Lafarge launched the second Lafarge Creation Awards in India on September 1, 2011, to recognize inventions related to Lafarge building materials that are no more than five years old.

2011-11-22 00:00:00

"India has a strong demand for new infrastructure and affordable housing, which must be achieved by integrating social, economic and environmental requirements and building new buildings in innovative ways.". So we have been thinking about building a complete R & D facility in India, Lafarge's R & D manager told reporters today.

2011-09-07 00:00:00

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.