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Industrial House for Building Materials signed a contract with the General Authority of the Suez Canal Economic Zone to build a new factory in Sinai's Technology Valley, Egypt. The $12 million plant will produce 4 million m²/yr of gypsum wallboard, 900,000 t/yr of plaster, and 60 million bags annually.
“Industrial House for Building Materials expects to export 80% of the plant’s total production.”globalgypsum.com
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