Gypsum industry news

India: Saint-Gobain India plans to grow its gypsum business as part of a new investment phase, targeting revenues of US$4.3bn across its businesses by 2032. The Hindu newspaper has reported that this represents growth by a factor of three from 2023 levels. The investment phase will include total capex of US$719 – 959m from 2021 to 2025, with ‘significant’ allocations to gypsum activities. The company had invested US$1.58bn up to the end of 2023, including acquisitions in the gypsum wallboard segment.

Asia-Pacific and India regional CEO B Santhanam said "We have made huge investments in India, and quite a lot of them were in new plants."

Spain: Saint-Gobain Placo has launched Longips Premium plaster for interior coatings. The product offers an ‘enhanced formula’ with more consistent mixing, easier smoothing and optimised setting. It is available in 17kg bags with a new ‘modern, dynamic design.’

Saint-Gobain Placo said "The new Longips Premium solution reflects Placo's commitment to building better for people and the planet, always guided by Saint-Gobain Group's common purpose of making the world a better home."