GPC approves $70m project for Bundaberg

GLADSTONE Ports Corporation has approved construction of the Knauf Plasterboard manufacturing plant at Bundaberg.

Work on the $70-million project will begin by the end of the year.

The project is expected to create 100 jobs over the next 18 months.

Knauf Plasterboard Limited is a subsidiary of the Knauf Group, a world-leading manufacturer of plasterboard, modern insulation materials, plasters and accessories.

When the project was announced in January, Knauf's CEO of Asia Pacific Murray Read said the Bundaberg plant was a great investment for Knauf as it expanded into Queensland.