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Beijing New Building Materials' subsidiary Tai Shan Gypsum plans to spend CNY 186 million (USD 26.5 million) to build three new production lines in the Economic Zone North West of Gulf Suez, Egypt. The lines will produce gypsum plasterboard, decorative gypsum board and light gauge steel joists.
“Tai Shan Gypsum will form a local unit and set up the lines in the Economic Zone North West of Gulf Suez, with construction taking around 18 months once it begins.”www2.yicaiglobal.com
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