Source - LSE Regulatory
RNS Number : 1509P
Compagnie de Saint-Gobain
14 October 2021
 

PRESS RELEASE

 

 

14 October, 2021

 

 

SAINT-GOBAIN strengthens its capacity in PLASTERBOARD IN BRAZIL and reinforces its position ON THE light construction markets

 

 

Saint-Gobain announces the construction of a new plasterboard line at its Mogi das Cruzes site near São Paulo, Brazil. It will be the Group's third plasterboard line in the country.

 

This investment will enable Saint-Gobain to substantially increase its plasterboard production capacity in Brazil, in order to meet the rapidly growing local demand and to consolidate Saint-Gobain's leadership position on the light construction markets in Latin America.

 

This new line, which will be operational in early 2023, complies with the highest standards in terms of industrial performance, safety, energy consumption and environmental compliance. It will generate 15% less CO2 emissions than the first line and increase the internal reuse of waste by 50%.

 

Saint-Gobain has been present in Brazil since 1937, with 56 plants and nearly 12,000 employees. The Group holds a leading position in interior and exterior solutions, facades and ceilings.

 

 

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.

 

€38.1 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. 

 

 

 

Analyst/Investor relations

 

 

Press relations

Vivien Dardel

Floriana Michalowska

Christelle Gannage

 +33 1 88 54 29 77

 +33 1 88 54 19 09

 +33 1 88 54 15 49

Patricia Marie

Bénédicte Debusschere

Susanne Trabitzsch

+33 1 88 54 26 83

  +33 1 88 54 14 75

  +33 1 88 54 27 96

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGPGMAUUPGGAC
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Compagnie De Saint-Gobain (COD)

+€0.80 (+1.12%)
delayed 18:47PM