Saint-Gobain creates a joint venture in Tanzania

Date: 22 July 2015

Saint-Gobain has finalized an agreement creating a joint-venture in which it owns 50% of the capital of Lodhia Gypsum Industries based in Arusha, Tanzania, situated on the border with Kenya.

Lodhia Gypsum Industries manufactures and sells plasterboard in Tanzania, Kenya and neighboring countries.The company has 90 employees and a plant in Arusha. It allows Saint-Gobain to affirm its leadership in the plasterboard market in East Africa.



This transaction is fully in line with Saint-Gobain’s strategy of developing its presence in Sub-Saharan Africa where the Group is already present in South Africa.



ABOUT SAINT-GOBAIN

In 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 64 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain or download the “Saint-Gobain Shareholder” application for tablet and smartphone.

600450 Saint-Gobain creates a joint venture in Tanzania glassonweb.com

See more news about:

Others also read

The Fenzi Group is proud to showcase a legacy of innovation and quality, with advanced technologies that address market demands for high-performance and sustainable glass solutions.
From Green Field to one of the Industry Leaders in New Zealand
Saint-Gobain Glass is excited to introduce INSIO®, the latest innovation in its product portfolio.
Schneider Electric and Saint-Gobain have joined forces to deploy the first-of-its kind software-defined automation system for glass production.
Dow broadens range of high-performance sealants to create a more holistic facade offering.
Saint-Gobain Glass showcases pioneering sustainable solutions through three themed areas: “DECARBONISATION & CIRCULARITY”, “PERFORMANT SOLUTIONS”, and “EASY TO USE”.

Add new comment

From industry