REG - Compagnie St-Gobain - Production capacities expansion
RNS Number : 2721RCompagnie de Saint-Gobain03 November 2021PRESS 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 CO2 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.
€38.1 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
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