Business news from Ukraine

SAINT-GOBAIN TO INVEST EUR 65 MLN IN BUILDING PLANTS IN IVANO-FRANKIVSK

7 March , 2017  

KYIV. March 7 (Interfax-Ukraine) – Saint-Gobain international industrial group of companies intends to invest EUR65 million in the construction of two plants for production of construction materials in Tlumach district of Ivano-Frankivsk region.

President of the Ivano-Frankivsk Chamber of Commerce and Industry Andriy Levkovych told Interfax-Ukraine the construction of the first plant for production of construction mixtures is to be completed in the end of 2017.

The construction of the second plant, which will specialize in production of drywall, is scheduled for late 2017-early 2018.

“The company plans to create about 300 jobs. It will be a complex: production of construction mixtures, packaging, sorting, mixing, production of drywall. Both plants will be located near Khotymyr gypsum deposit,” Levkovych noted.

As reported, in 2012 Ivano-Frankivsk City Council granted 15 hectares of land in the territory of the Khryplyn industrial site to Saint-Gobain for construction of a plant for production of plasterboard.