Gypsum industry news

New Zealand: Fletcher Building has reported its financial results for the first half of its 2025 financial year, which began on 1 July 2024. The group recorded sales of US$2.05bn, down by 7% year-on-year from US$2.21bn, and negative earnings before interest and taxation (EBIT) at a loss of US$14.9m. It previously recorded a positive EBIT of US$44.1m in the corresponding first half of its 2024 financial year.

Sales in its Building Products division, which includes Winstone Wallboards, fell by 5% to US$380m, with EBIT of US$35.5m. Light building products contributed EBIT of US$32.6m. Winstone Wallboards retained its ‘strong’ market position, despite a recessionary environment, and successfully brought its new Tauranga gypsum wallboard plant to targeted performance efficiency.

Spain: The province of Almería in Andalusia exported €544m-worth of gypsum and limestone in 2024, 10% of its total exports by value. Ideal Online News has reported that this represents a year-on-year drop in exports of the products of 9%.

Regional delegate for Economy, Finance, EU Funds and Industry, Energy and Mining Guillermo Casquet said “Almería continues to strengthen its international position, registering growth in regular exporting companies and maintaining a strong balance of trade.”

India: New market research by SkyQuest Technology Group has shown that the value of the global gypsum wallboard market will be US$160bn in 2032, higher than forecasts published by other researchers to date in 2025. The figure corresponds to a composite annual growth rate of 12%, from US$56.6bn in 2024.

Belgium: Etex has renewed its five-year collaboration with Cognizant for the latter’s generative AI services. Etex says that the partnership will continue to optimise applications, security and data management, with a view to reducing its costs.

Spain: The President of Galicia has called on the EU to protect the interests of its member states in anticipation of new US tariffs. Economía Digital News has reported that Galicia exported €32m-worth of gypsum plaster and stone in 2024. The US ranks 11th among the autonomous community’s export partners.