Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

BPB plots Indian expansion

BPB, the plasterboard manufacturer fighting off a £3.7 billion hostile takeover bid from French giant Saint Gobain, has announced plans for a fourth plasterboard plant in India.
The Bangalore plant will be ready by mid-2007 and is part of an expansion programme which will see four facilities in India by 2010. The first, in Mumbai, was commissioned this month.

Richard Cousins, BPB chief executive said: 'India provides the group with an exciting opportunity for investing in future profitable growth, and as market leader we are delighted with the progress being achieved in developing this potentially huge plasterboard market.

'Our new generation of Asian plants will operate at world class standards,

establishing a more efficient regional distribution network.'

Two weeks ago BPB said it would return £600 million to shareholders in a bid to stave off St Gobain's offer, which lapses at the end of November.

Latest News index

Contact the newsdesk