German investor Knauf buys gypsum deposit in Ternopil region

16 January 17:10

German investor Knauf has won the auction held by the State Service of Geology and Subsoil of Ukraine for the sale of a special permit for gypsum mining, Komersant ukrainskyi reports citing Liga.net.

The auction took place on January 16 on the Prozorro.Sale platform, where Knauf Gypsum Rock offered UAH 121.05 million for a 20-year license to develop the Skoviatynske deposit in Ternopil region. The starting price of the lot was UAH 119.61 million.

Kamianets-Podilskyi Gipsovyk JSC also took part in the auction and offered UAH 120.55 million, thus losing to the German investor.

The Skoviatynske deposit, which was the subject of the auction, is located near the village of Shyshkivtsi in Chortkiv district and covers an area of 115 hectares. Total gypsum reserves at the deposit are estimated at 43.9 million tons. With a planned annual quarry capacity of 502,800 tons, these reserves will last for 84.4 years of development.

Читайте нас у Telegram: головні новини коротко

What Knauf does in Ukraine

Knauf is a German manufacturer of building materials for interior and exterior decoration, insulation materials, and machine plastering equipment. The managing partners of the company are Alexander Knauf and Manfred Grundke.

Knauf Gips Skala LLC, registered in Borshchiv, is a member of the Knauf Group. The company has previous experience with this deposit – in 2007-2010, the German investor conducted a geological study of gypsum at the Skoviatynska area.

It is worth noting that Knauf is already producing gypsum at the neighboring Shyshkovetsky deposit, where it has a special permit No. 3579, which is valid until 2034. As of 2021, the area of this deposit was 41 hectares with reserves of more than 11.4 million tons of gypsum.

In early January 2025, Knauf also announced plans to launch a new drywall and dry mix plant in Ukraine. Instead of building a new facility in Borshchiv, the company plans to relocate the plant from Germany.

Читайте нас у Telegram: головні новини коротко

Остафійчук Ярослав
Editor