RNS Number : 9024Y

Compagnie de Saint-Gobain

17 May 2021


May 17, 2021



Saint-Gobain announces the launch of the production of a new plaster plant in China, in Yangzhou, Jiangsu province, serving the local construction market.

With an annual capacity of 350,000 tons, the new site complies with the highest standards in terms of industrial performance, safety and environmental protection.

With this new plant, Saint-Gobain is accelerating and intensifying its leadership strategy geared towards developing in the Chinese market the most advanced systems and the best solutions both for professionals of the construction industry and for end users.

This new investment will allow Saint-Gobain to support the strong growth that it has experienced in China in recent years, especially during the past twelve months.

Saint-Gobain is present in China since 1985 and employs more than 8,000 people. With 54 plants now, the Group has a complete range of solutions and systems for sustainability and performance for all its customers in the construction and industrial markets.


Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 70 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

   visit www.saint-gobain.com a nd follow us on Twitte r   @saintgobain 
        Analyst/Investor relations                    Press relations 
                           +33 1 88 54                           +33 1 88 54 
                            29 77                                 26 83 
                            +33 1 88 54   Patricia Marie          + 33 1 88 54 
 Vivien Dardel              19 09          Bénédicte    14 75 
  Floriana Michalowska      +33 1 88 54    Debusschere            +33 1 88 54 
  Christelle Gannage        15 49          Susanne Trabitzsch     27 96 
-----------------------  --------------  ---------------------  -------------- 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

May 17, 2021 12:19 ET (16:19 GMT)

Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more Compagnie De Saint-gobain Charts.
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more Compagnie De Saint-gobain Charts.