Gypsum industry news

Chile: El Volcan, a company owned by Matte Group and Saint-Gobain, plans to spend up to US$50m on building a new gypsum wallboard plant in Puente Alto. The builder's merchant intends to upgrade an existing production site to produce wallboard and plaster, according to the El Mercurio newspaper. Permits have been secured for the project and the plant is expected to be ready by early 2018. The company also intends to start selling its full range of products in Peru.