TIDMCOD

RNS Number : 3896O

Compagnie de Saint-Gobain

09 June 2022

SAINT-GOBAIN TO CREATE THE FIRST NET-ZERO CARBON PLASTERBOARD PLANT IN NORTH AMERICA

Saint-Gobain has announced an investment of approximately CAD$90 million in its plasterboard plant close to Montréal, Canada, to increase its production capacity by about 40% and transform it into the first carbon-neutral plasterboard plant in North America. The new facility will be operational in 2024.

The investment, to keep pace with unprecedented customer demand in a very dynamic local market, notably consists of the electrification of the production process which currently uses natural gas. On completion, the plant will be solely powered by green electricity.

This project, which is supported by a CAD$40 million contribution from the Quebec government via its EcoPerformance program, will reduce the site's energy consumption by 30% and eliminate around 40,000 tons of CO(2) emissions per year, creating one of the most energy-efficient plasterboard plants in the world.

This investment for a second carbon-neutral plasterboard plant - the first one in North America - following the Group's investment announced last year to build the world's first carbon-neutral plasterboard plant in Norway, is yet another tangible demonstration of Saint-Gobain's commitment to reduce its CO(2) emissions by 33% by 2030 compared to 2017 (scope 1 and 2), with the aim of becoming carbon neutral by 2050. It further strengthens the Group's position as the worldwide leader in light and sustainable construction and its leading role in helping to build a carbon-neutral economy. It also allows Saint-Gobain to strengthen its leadership position in the Canadian lightweight construction market and to respond to the strong demand for more sustainable solutions.

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures

and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

EUR44.2 billion in sales in 2021

166,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

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June 09, 2022 12:44 ET (16:44 GMT)

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