# RiTE Ugljevik and BNBM to build EUR 50 million plasterboard factory in Ugljevik

Bosnian coal miner RiTE Ugljevik and Chinese investor Beijing New Building Materials (BNBM) will build a EUR 50 million plasterboard production plant in Ugljevik, Bosnia and Herzegovina. RiTE Ugljevik will hold a 10% stake, and the plant is expected to start operations in 2022, employing about 100 staff.

- Type: New facility
- Announced: 2021-06-23
- Where: Ugljevik, Bosnia & Herzegovina
- Value: $59.5M (50.0M EUR)
- Jobs: 100
- Starts operating: 2022
- Status: announced
- Products: plasterboard
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [RiTE Ugljevik](https://endata.com/companies/32083.md)
- [RiTE Ugljevik](https://endata.com/companies/32083.md) (partner)
- [Beijing New Building Materials](https://endata.com/companies/44119.md) (partner)

## Sources

- [archive.cij.world](https://archive.cij.world/rite-ugljevik-and-bnbm-will-build-eur-50-million-plasterboard-factory/), 2021-06-23: "RiTE Ugljevik declared it is about to complete talks with Chinese investor Beijing New Building Materials for the construction of a EUR 50 million plasterboard production plant."
- [see-industry.com](https://www.see-industry.com/en/rite-ugljevik-and-china-s-bnbm-reached-final-agreement-on-plasterboard-factory/2/2018/), 2021-07-21: "The plasterboard plant will use gypsum derived as a by-product at RiTE Ugljevik’s recently built flue gas desulphurisation unit."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.