TIDMCOD

RNS Number : 9946Q

Compagnie de Saint-Gobain

03 March 2021

PRESS RELEASE

March 3, 2021

Saint-Gobain invests EUR40 million in a new

plasterboard plant in Spain

Saint-Gobain announces the construction of a new plasterboard manufacturing line in its Quinto plant near Zaragoza, Spain.

This EUR40 million investment will enable the company to expand its range of high value-added products and construction solutions. As the leader in gypsum and plasterboard in Spain, Saint-Gobain will thus be able to capture the growth of the Spanish market and its rapid shift towards more complex needs, particularly for lightweight construction systems.

This line will be operational in 2022. It will use the most recent technologies, permitting a significant reduction in environmental impacts and the integration of recycled raw materials. In addition, an ambitious Industry 4.0 program will be set up to entirely digitalize and automate the management of production, warehousing, transport and delivery, supporting Saint-Gobain Placo Spain in further improving its customer service.

This new production line will create 70 direct jobs and will be accompanied by a major training campaign in collaboration with the Government of Aragon, which has declared the project to be of "regional interest".

Saint-Gobain has been present in Spain for almost 120 years and employs more than 5,000 people there. The Group has 31 local plants, serving the construction markets (glass, gypsum, plasterboard, mortars and construction chemicals, insulation) as well as industrial markets (automotive glass and abrasives).

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 70 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

 
 
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END

MSCUORBRAOUORRR

(END) Dow Jones Newswires

March 03, 2021 02:04 ET (07:04 GMT)

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