Russia: Volma has reported increased demand for gypsum wallboard as well as other products including its plasters in the first quarter of 2022. It says it has compensated for economic sanctions imposed by countries in European Union by raising exports to countries in the Commonwealth of Independent States although its key market remains in Russia. However, it fixed its prices in March 2022 to support the local construction sector. In 2021 the building materials company invested around Euro7m towards upgrading its plants. One of the largest projects was the installation at its Voskresensk plant of a new gypsum furnace, which it says it the largest in Europe.
