Saint-Gobain Continue to Invest in China and Inaugurate its third Gypsum building plaster Plant in Changxing

2019-04-11

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Opening ceremony of Saint-Gobain Gypsum (Changxing) Co., Ltd. was successfully held in Changxing county of Zhejiang Province at 9:18 am on April 10th. The top management of Saint-Gobain Group, including Pierre-André de Chalendar, the CEO, Javier Gimeno, Senior Vice President and CEO of Asia-Pacific Region, Paul Sheng, CEO of Saint-Gobain Gyproc China, together with Axel Cruau, the French Consul General in Shanghai , Xiang Lemin, Deputy Mayor of Huzhou , Shi Yiting Deputy Secretary of CPC Committee& County Chief of Changxing, and Cai Li, Director of foreign investment management office of Commerce Department of Zhejiang witnessed the grand opening ceremony.

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Saint-Gobain, a global Fortune 500 company , was established 354 years ago in France. Nowadays we have more than 180,000 employees and the sales in 2018 was about 50 billion US Dollars all over 67 countries where the Group operates. Saint-Gobain Gypsum (Changxing) Co., Ltd., established in May 2017, is the wholly foreign-owned company invested by Saint-Gobain. The registered capital is 15 million euros.

As part of Saint-Gobain Gypsum business in China,Saint-Gobain Gypsum (Changxing) Co., Ltd. starts the production in April this year, with an annual capacity of 460 kilo tons of new-type building materials. The new plant equipped with a state-of-the-art mixer is now becoming one of the most advanced plants of the Group.

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PA de Chalendar, CEO of Saint-Gobain Group, stated that the investment and construction of Changxing plant demonstrated Saint-Gobain is fully confident in the potential of China market and we’ll constantly provide Chinese customers with  high quality and innovative products and services.

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Saint-Gobain, one of the world’s top 100 most innovative companies, brings the advanced equipment and technology to Changxing to continuously provide healthy, comfortable, safe, innovative and energy-efficient indoor building solutions to the local market.

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