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Share Name Share Symbol Market Type Share ISIN Share Description
Compagnie De Saint-gobain LSE:COD London Ordinary Share FR0000125007 COMPAGNIE DE ST-GOBAIN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.07 -0.11% 65.305 62.04 68.57 436,028 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 42,573.0 1,454.0 259.0 25.2 34,666

Compagnie de Saint-Gobain New plant in China

17/05/2021 5:19pm

UK Regulatory (RNS & others)


Compagnie De Saint-gobain (LSE:COD)
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TIDMCOD

RNS Number : 9024Y

Compagnie de Saint-Gobain

17 May 2021

PRESS RELEASE

May 17, 2021

SAINT-GOBAIN strengthens ITS PRESENCE IN CHINA

WITH A NEW PLASTER PLANT IN YANGZHOU

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.

ABOUT SAINT-GOBAIN

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 
-----------------------  --------------  ---------------------  -------------- 
 
 

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END

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

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