# UMI signs EUR 12.3M contract with Gyptech for gypsum board production line in Yanbu

United Mining Industries Co. signed a contract with Gypsum Technologies Inc. to supply an additional production line for its gypsum board factory in Yanbu, Saudi Arabia. The contract is valued at EUR 12.3 million (SAR 50 million) and spans 18 months.

- Type: Contract
- Announced: 2023-11-15
- Where: Yanbu, Saudi Arabia, Saudi Arabia
- Value: $13.4M (12.3M EUR)
- Status: announced
- Products: gypsum board production line
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [United Mining Industries Co.](https://endata.com/companies/73812.md) (customer)
- [Gypsum Technologies Inc.](https://endata.com/companies/73813.md) (supplier)

## Sources

- [argaam.com](https://www.argaam.com/en/article/articledetail/id/1685512), 2023-11-16: "The contract, valued at 12.3 million euros (SAR 50 million), has a span of 18 months from the date of first payment."

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