Gypsum industry news
US: Georgia-Pacific has begun construction of a 65Mm2/yr gypsum wallboard plant adjacent to its existing 30Mm2/yr Sweetwater gypsum wallboard plant in Nolan County, Texas. The company says that the plant will start production in late 2022, following a total investment of US$285m and it will employ 120 people.
President Brent Paugh said, “The demand for our diverse gypsum products continues to be strong, especially in Texas. By having two production lines in Nolan County, Georgia-Pacific can strengthen its capacity to meet our growing customer needs in Texas’ residential, commercial and industrial construction.”
Saint-Gobain named as potential buyer for Knauf’s Australian gypsum wallboard business 19 October 2020
Australia: France-based Saint-Gobain is reportedly considering the purchase of Germany-based Knauf’s US$284m Australian gypsum wallboard business. The Australian newspaper has also named Saint-Gobain as a potential buyer of USG Boral’s US$2.48bn US business. Separately, China National Building Material (CNBM) has been linked to the Knauf sale. Any such deals would be subject to anti-competitiveness checks.
