Plasterboard market reaches 110m euros

The plasterboard market is expected to increase by 20% this year, to 110 million euros, amid investments in production capacities conducted over the last two years and amid the high consumption of construction materials on the local market. Lafarge Arcom Gips, the local subsidiary of the gypsum division of the Lafarge group, conducted investments worth 35 million euros on the local plasterboard market, after tripling its production capacities at the plant in Popesti-Leordeni, close to Bucharest. The plant’s investment, standing at 17 million euros, will boost the annual capacity to 15 million square metres. It will also entail the opening of a stone quarry in Prahova county and modernising the calcination equipment used in the manufacturing of plasterboard. The new facility is expected to reach its maximum capacity in the second half of next year boosting the company’s business by around 20%.