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| Lafarge Boral Gypsum in Asia invests in Vietnam Lafarge Boral Gypsum in Asia (LBGA), the 50/50 joint venture between Lafarge and Boral in plasterboard in Asia, announces that its wholly owned subsidiary, Lafarge Boral Gypsum Vietnam (LBGV), has started the construction of a plasterboard plant in the Ho Chi Minh City area of Vietnam. This plant will be the first plasterboard plant to be built and operated in Vietnam. LBGV was granted a business license to build and operate this plant in May 2005 and recently acquired an appopriate site. Plasterboard production capacity is expected to be 10 million m2 per annum initially and the site allows flexibility to increase capacity in the future. The total investment, including land, is expected to be around US$13 million and the new plant is expected to be in operation during 2006. write your comments about the article :: © 2005 Construction News :: home page |