Compagnie de Saint-Gobain Production capacities expansion (2721R)
November 03 2021 - 1:24PM
UK Regulatory
TIDMCOD
RNS Number : 2721R
Compagnie de Saint-Gobain
03 November 2021
PRESS RELEASE
November 3, 2021
SAINT-GOBAIN to Invest more tHAN $400 Million to expand
production capacities in the United states
Saint-Gobain has decided to invest more than $400 million over
the next four years to expand roofing, insulation and gypsum
production capacities at four key manufacturing locations in the
Southeastern United States and in California.
These new capacities will apply the best available techniques in
terms of industrial performance, safety and respect for the
environment. The combined investments will reduce waste by more
than 50% and CO(2) emissions by more than 20% compared to existing
manufacturing technology.
These investments are fully in line with the new strategic plan
"Grow & Impact" and aim at both strengthening the Group's
leadership in North America and accelerating its growth in the
region by enriching its comprehensive range of solutions for light
and sustainable construction, with 45% of all construction products
spend in North America in light construction.
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 and follow us on Twitter
@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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