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USG-Boral will resume 100% ownership of its Australia and New Zealand gypsum wallboard operations, with a call option for Knauf to buy back 50% within five years.
USG Boral conducted a groundbreaking ceremony for its third manufacturing facility at Sri City SEZ, Tada, near Chennai, with an investment of USD 39 million. The plant will produce plasterboards and is expected to become operational by the end of 2019, creating over 100 jobs.
| Site | Largest | Latest |
|---|---|---|
| Sri City SEZ, India | $39.0M | 2018-07-05 |