Etex acquires 25% stake in Kunooz Gypsum, forms JV for Oman gypsum industry

Belgian building materials group Etex acquired a 25% stake in Kunooz Gypsum, a subsidiary of Kunooz Oman Holding, and formed a joint venture to invest in gypsum-based industrial activities in Oman.

“This collaboration will also contribute to Oman’s economy by developing downstream businesses for high-value products and leveraging Etex’s technical and technological capabilities in gypsum-based lightweight construction.”zawya.com

• 1 source
• zawya.comBelgian-backed JV to invest in Oman’s gypsum industry | ZAWYAJan 23, 2026

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