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Etex to grow stake in Pladur
Written by Global Gypsum staff
25 July 2017
Spain: An agreement has been reached to make Etex the majority shareholder of Pladur, a Spanish manufacturer of gypsum products. Spanish sector peer Coemac currently owns 59.31% of the company, while Etex holds the remaining 40.69% of the shares. The agreement, which is subject to customary closing conditions, provides for the sale by Coemac of 35% of the shares to Etex, with an option for Coemac to transfer the remaining 24.31% in 2020. Closing of the transaction is expected to take place in December 2017.
Bundaberg receives first gypsum shipment for new Knauf wallboard plant
Written by Global Gypusm staff
21 July 2017
Australia: The Port of Bundaberg has received its first shipment of gypsum for the new Knauf Plasterboard wallboard plant that has been built there. The US$55m plant has recently been constructed at the port, according to Australian Government News. The port expects to receive a gypsum shipment every two to three months from now on. The wallboard plant is expected to officially open in August 2017.
Rigips inaugurates gypsum-recycling plant at Gelsenkirchen
Written by Global Gypsum staff
18 July 2017
Germany: Rigips has inaugurated its first gypsum recycling plant at Gelsenkirchen in North Rhine-Westphalia. The subsidiary of Saint-Gobain will recycle gypsum with New West Gypsum Recycling Germany. Waste material from buildings from the Rhine-Ruhr region and the northern part of Rhineland-Palatinate will be sent to a reprocessing site operated by New West Gypsum first before being despatched to the Rigips plant where it will be returned to the production process. Rigips intends to open more gypsum recycling plants following the start-up process of its new unit.
"With the start of the plant, Rigips assumes a pioneering role for the entire drywall construction industry. As the first manufacturer, we in North Rhine-Westphalia are now able to implement the idea 'from gypsum to gypsum'. Thus we cover the complete product service life cycle, from the raw material extraction via the production and installation to the demolition and the recycling," said Werner Hansmann, chairman of the management at Rigips.
Cyber attack likely to have limited effect on Saint-Gobain’s half-year financial results
Written by Global Gypsum staff
13 July 2017
France: Saint-Gobain says that a cyber attack that hit its operations in late June 2017 is unlikely to negatively affect its first-half financial results by more than 1%. It is still investigating the impact of the incident and will report more fully in its results on 27 July 2017.
The building materials producer added that it had restored its remaining operations still 'experiencing difficulties' back to normal. It said that since early July 2017 the 'vast majority' of its businesses had been operating normally and that no personal data was disclosed to any third party. It does not expect the event to have any future commercial impact.
National Gypsum upgrades Oxford paper plant
Written by Global Gypsum staff
06 July 2017
US: National Gypsum is upgrading its paper plant in Oxford, Alabama. The work includes replacing a boiler at the site first installed in 1950s, according to the Anniston Star newspaper. The investment is intended to reduce operational costs and increase energy efficiency. Paper produced at the plant is used in the manufacture of gypsum wallboard at the company's other plants. No value for the upgrade has been disclosed.