Knauf Explained

Knauf Gips KG
Industry:Building materials
Predecessors:-->
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Hq Location City:Iphofen
Hq Location Country:Germany
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Locations:150
Num Locations Year:2012

Knauf Group is a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, founded in 1932. The company is a producer of building materials and construction systems comprising construction materials for drywall construction, plasterboard, cement boards, mineral fibre acoustic boards, dry mortars with gypsum for internal plaster and cement-based external plaster and insulating materials; glass wool, stone wool and other insulation materials under the company Knauf Insulation.

It has more than 150 production sites worldwide.[1] It is one of the six producers which hold approximately 81% ofthe worldwide wallboard market (Georgia Pacific, Knauf,Siniat, National Gypsum Company, Saint-Gobain, and Yoshino Gypsum Co., Ltd).[2]

In 2022, after the invasion of Ukraine by Russia, Yale University published a list of companies that chose to remain active in Russia. According to this report, over 600 companies have withdrawn from Russia — but some remain. Knauf is still operating across 14 sites in Russia but has claimed to have suspended new investments.[3]

In November 2023 Ukraine listed Knauf as an International Sponsor of War for promoting mobilisation in Russia by sending its employees to the war against Ukraine.[4]

According to German public-service broadcaster ARD, Knauf has been active in collaborating with the Russian military in its construction efforts in the Russian-occupied areas of Ukraine.[5] [6]

See also

Notes and References

  1. Web site: Knauf site . Knauf.com . 2012-02-23.
  2. Web site: Lafarge Annual Report 2007 . 2020-02-18 . https://web.archive.org/web/20110713181105/http://www.lafarge-alternative-search.com/mode%3Dcache%26query%3Dwww.lafarge.com/04022008-Activities-Details_gypsum_business-en.pdf . 2011-07-13 . dead .
  3. Web site: Over 600 Companies Have Withdrawn from Russia—But Some Remain Yale School of Management . 2022-04-10 . som.yale.edu . en.
  4. Web site: Ukraine adds German Knauf to list of war sponsors . 24 November 2023.
  5. Web site: Putins Helfer . 3 April 2024.
  6. Web site: German firms help 'rebuild' Russian-occupied Mariupol: report . 4 April 2024.