Gypsum industry news

Peru: Mario Loor has been appointed as the general manager of Eternit Peru. He will joins a team led by Cristián Montes, General Manager of Latin America, according to Business Empresarial newspaper. Loor has previously worked for Kimberly Clark Corporation and Chemical Industrial Switzerland.

US: Stacy Kuszmaul, a plant manager at Delavan, Wisconsin and Deirdre Brockwell, staff researcher at Libertyville, Illinois have been recognised by the Manufacturing Institute as part of its annual Science, Technology, Engineering and Production (STEP) Ahead Awards. This marks the fifth consecutive year a USG employee has received this honour for her contributions to the manufacturing industry. The STEP Ahead Awards honour women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry, from the factory-floor to the executive level.

Kuszmaul, a plant manager with more than 15 years' experience at USG, has been recognised for her operational acumen - particularly on new line startups - and has been a key driver in the company's Performance Materials division. Brockwell, a researcher in USG's ceilings lab, develops early stage concepts and conducts research that helps to expand USG's ceilings portfolio and respond to demands from architects, designers and contractors. She is also a Lean Six Sigma (LSS) Green Belt.

The Manufacturing Institute will recognise Kuszmaul, Brockwell and their fellow STEP Ahead award recipients during a reception in April 2019 in Washington, DC.

Spain: Pladur Gypsum has officially opened its 12Mm²/yr Gelsa wallboard plant. The unit had an investment of Euro60m and it has created 75 jobs, according to the Periódico de Aragón newspaper. Start-up at the plant began in September 2018 and full production started in January 2019. The unit currently has a three-shift work pattern and this is expected to change to four shifts by the end of 2019.

Australia: USG Boral’s earnings fell in the first half of its financial year due to a slowdown in South Korea. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 16% year-on-year to US$89.3m in the half-year to 31 December 2018 from US$107m in the same period in 2017. Its revenue grew by 2% to US$594m from US$583m. This was attributed to sales volumes growth in Australia, Indonesia, Vietnam and India.

France: Saint-Gobain’s Interior Solutions division’s sales revenue grew by 4% year-on-year to Euro7.17bn in 2018 from Euro6.88bn in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 11% to Euro1.06bn from Euro953m. Overall, the group’s sales and earnings rose in 2018, although at slower rates.

"As expected, our results for the second half show a significant improvement, benefiting from broadly supportive markets, a strong pricing dynamic and the settlement of industrial issues that had weighed on the group's profitability in the first half,” said Pierre-André de Chalendar, chairman and chief executive officer of Saint-Gobain. He added that the group has a program underway to divest sales of over Euro3bn by the end of 2019.

US: Saint-Gobain has appointed Mark Rayfield as chief executive officer (CEO) of Saint-Gobain North America. He will oversee Saint-Gobain’s businesses in the US and Canada and continue to serve as CEO of its CertainTeed subsidiary. He succeeds Tom Kinisky, who now takes on the role of chairman of Saint-Gobain in North America and Chief Innovation Officer globally for the company.

Switzerland: Sika’s net sales grew by 13.4% year-on-year to Euro6.23bn in 2018 from Euro5.5bn in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 7.6% to Euro1.01bn from Euro940m. The building chemicals producer reported growth in all regions, with highlights in Eastern Europe, the US, India, Indonesia and China.

US: USG’s net sales grew by 4% year-on-year to US$3.34bn in 2018 from US$3.20bn in 2017. Its operating profit fell by 36% to US$227m from US$353m. Sales from its wallboard and surfaces division were stable at US$1.93bn but its operating profit fell by 19% to US$248m. The building materials company said that its operating profit in the fourth quarter was negatively affected due to lower sales caused by the timing of when it announced wallboard price increases. USG’s takeover by Germany’s Knauf is expected to close in early 2019.

Ghana: Germany’s Knauf plans to open a training centre to provide knowledge and skills to construction professionals. It will be opened by Isabel Knauf, Member of the Knauf Group Management Committee, Gerd Müller, the German Federal Minister for Economic Cooperation and Development (BMZ) and Christiane Laibach, chairwoman of the Management Board of Deutsche Investitions- und Entwicklungsgesellschaft (DEG), according to the Ghana News Agency. The opening is part of the German African Business Summit. The centre will offer up to 800 training positions per year. It is part of a wider training initiative being organised by Knauf, DEG and the BMZ in Nigeria, Tanzania, Egypt, Algeria and Tunisia.

US: Germany’s Knauf has appointed Christopher Griffin as the head of USG following the completion of its acquisition. Griffin, currently the chief executive officer (CEO) of Knauf Insulation North America, holds over 35 years of experience in the building materials industry, including 18 years with USG where he served in several senior roles, including chief operating officer.

"Bringing USG and Knauf together offers a compelling value proposition for both USG's and Knauf's customers. Knauf is committed to growing the strength of USG brands and its presence in North America. Our highly complementary businesses, products, and global footprint position the combined company to better meet the needs of customers. Following the closing of the merger, Knauf intends to maintain USG's existing corporate headquarters in Chicago," said Alexander Knauf, General Partner of Knauf.

Other personnel changes of note include the appointment of Joseph W Holmes as the Senior Vice President of the Gypsum Division. Stephanie Holdt, currently Vice President of Controlling at Knauf will join USG as Senior Vice President and chief financial officer.