Gypsum industry news
US: Eagle Materials recorded sales of US$2.3bn in the 2025 financial year, which ended on 31 March 2025. This corresponds to a rise of less than 1% year-on-year. Group net earnings were US$463m, down by 3%.
In the Light Materials segment, revenues rose by less than 1% to US$2.26bn. This was driven by increased recycled paperboard sales volumes and prices. Gypsum wallboard sales volumes were 279Mm2, up slightly year-on-year. They rose in price by 1%, to US$2.54/m2. As a result, revenues from gypsum wallboard reached US$846m, up by 0.8% from US$840m in the 2024 financial year.
Kyrgyzstan: Germany-based equipment supplier Grenzebach has concluded a preliminary agreement to build a gypsum wallboard and dry construction mixes plant in southern Kyrgyzstan. Trend News has reported that the announcement is the outcome of talks in Germany between Grenzebach and representatives of the Kyrgyz government and diplomatic service.
India: The anticipated India-Oman comprehensive economic partnership agreement remains close to signing, BusinessLine Online News has reported. Nonetheless, ‘one issue’ reportedly still requires ‘ironing out.’ This is the Indian government’s rejection of Oman's Omanisation policy, which is continually increasing the proportion of Omani nationals required to be employed in the country’s industries. The Indian government has asked for a freeze to the requirements, which works to the exclusion of the Indian expat community in Oman, it says.
Bilateral trade between India and Oman was worth US$8.9bn in 2024. Gypsum is among the key Indian imports from Oman.
