Gypsum industry news

Sudan: Glass fibre-reinforced gypsum (GFRG) modular systems producer Eco Buildings Group and Socotra Real Estate Development have launched a joint venture (JV). Socotra Real Estate Development will invest US$5.82m over six months in the JV’s construction and operation of two new production lines.

Eco Buildings Group Executive Vice Chair Etrur Albani said that the ‘landmark’ JV ‘not only serves to further demonstrate the increasing global demand for our GFRG modular housing solutions, but also the efficiency of our international expansion strategy.’

Chile: Eco Buildings Group has won a public sector contract to deliver 20,000 modular homes using its glass fibre-reinforced gypsum (GFRG) modular systems technology. The contract will span seven years. Eco Buildings Group says that it marks the start of its full-scale commercial roll-out in Latin America.

The Chilean government has made a down payment of US$14.8m for a first tranche of 1210 homes, which are already designated for occupation by families.

Senegal: UK-based modular construction firm Eco Buildings Group has formed a joint venture with facilities management and logistics company G2 Invest Group. G2 Invest Group has committed US$1.98m for a 35% stake in Eco Buildings Senegal, which will fund a new plant to produce Eco Buildings Group’s glass fibre-reinforced gypsum (GRFG) wallboards in Senegal. Eco Buildings Group says that it has appointed an engineering, procurement and construction (EPC) contractor to implement the production facility.

Eco Buildings Group CEO Sanjay Bowry said "We are now entering the execution phase,” and noted the company’s “readiness to deliver modular housing at scale in West Africa."

A delegation from G2 Invest visited Eco Buildings' existing plant in Albania earlier in 2025. The companies will collaborate on plant setup, technology transfer and a workforce training programme.

Albania: UK-based Eco Buildings Group says that it has produced 16,200m² of glass fibre-reinforced gypsum panels for delivery under a €4m deal with a modular construction company. Alliance News has reported that the customer is still completing foundation work for the relevant project.

CEO Sanjay Bowry said "Our ability to produce 16,200m² of modular walls under single-shift operations not only demonstrates our excellent operational effectiveness but also sets the stage for even greater production capacity."

Eco Buildings Group has secured sales contracts in Albania and Kosovo worth up to €114m. It is reportedly seeking to diversifying its customer base to include construction firms working on larger, non-modular projects.