Gypsum industry news
US: Eagle Materials grew its sales in the first half of the 2025 financial year, which began on 1 April 2024, by 0.7% year-on-year. This resulted in revenues of US$1.23bn for the six-month period. The company’s earnings before interest and taxation (EBIT) also rose, by 1.5% year-on-year to US$378m. Its gypsum wallboard segment generated revenues of US$433m, up by 1%, with 1% growth in volumes, to 140Mm2.
President and CEO Michael Haack said “Eagle’s portfolio of businesses continued to perform well, despite ongoing adverse weather during the second quarter of the present financial year. We used our strong cashflow to continue advancing our long-term growth and value-creation strategies. We remain optimistic about our near-term and future opportunities and confident in our ability to execute on them. The current economic environment is constructive for our businesses. Employment is strong, recent inflation data should support a more accommodative monetary environment, spending from the Infrastructure Investment and Jobs Act is still in the beginning phases and housing supply remains chronically short because of decade-long production deficits.”
Knauf Egypt to build new US$86m gypsum products plant
29 October 2024Egypt: Knauf Egypt is planning to invest US$86m in the construction of its upcoming third gypsum plant. Al Mal News has reported that the unit will double Knauf Egypt’s total production capacity of products including gypsum wallboard. It will raise the company’s installed gypsum wallboard capacity to 60Mm2/yr. The upcoming plant will serve both domestic and export markets. Knauf Egypt currently sells its wallboard in 13 countries, including Greece, Morocco and South Africa.
Trevo Drywall announces new leadership appointments
29 October 2024Brazil: Trevo Drywall has appointed Paulo César Pereira Alencar as its new CEO. Alencar has 35 years of business experience as a tax lawyer, and holds a law degree from the Regional University of Cariri.
The company additionally appointed Gabriel Rodrigues Granja de Alencar as its chief financial officer. Granja de Alencar previously worked as a director at plaster producer Gesso Trevo, as well as in the area of compliance at consultancy firm Ernst & Young. He holds a postgraduate degree in business management.
Trevo Drywall to expand Juazeiro do Norte plant
25 October 2024Brazil: Trevo Drywall plans to invest US$25m in an expansion to its Juazeiro do Norte gypsum wallboard plant, scheduled for commissioning in 2025. This will initially raise the plant's capacity to 20Mm²/yr, and subsequently to 30Mm² by 2026. The expanded plant will be equipped with a new enterprise resource planning system to assist with the increased automation of its operations. Trevo Drywall also plans to build a second plant, the location of which is subject to on-going evaluations.
Chief financial officer Gabriel Rodrigues Granja de Alencar said "We will also strengthen compliance tools and soon announce the creation of a people development programme."
Study proves scope for Summit County, Colorado, to recycle 33% of construction and demolition materials
21 October 2024US: A study by Resource Recycling Systems found that 33% of construction and demolition materials (CDM) entering landfill in Summit County, Colorado, could be effectively diverted into CDM recycling. Gypsum wallboard was among the 11 materials included in the study. Local press has reported that county authorities aim to reuse or recycle 25% of CDM generated locally by 2028, and 50% by 2035. Landfill capacity will run out in 2078.
CDM constituted 30% of Summit County’s landfill intake during the study period.
Knauf supports addiction care in Solsonès
17 October 2024Spain: Germany-based Knauf has expanded its 15-year-long partnership with mental health charity Sol del Solsonès in Solsonès, Catalonia. Knauf will donate finances and essential building materials, including gypsum wallboard. The resources will support the Un Raig de Sol therapy initiative, enabling it to treat 22 people in need of care.
Knauf’s director of people and compliance Daniel Orta said "We use the best therapy in the world: love and affection."
Major XINFA Group order for Grenzebach BSH
15 October 2024China: Grenzebach BSH, a leading global supplier of process and production technologies, has received a ‘significant’ order from XINFA Group for the supply of two gypsum wallboard lines to XINFA’s existing production plant at its headquarters in Chiping-Liaocheng, Shandong Province. XINFA, one of the world’s leading aluminium manufacturers, will expand its gypsum wallboard production capacity to approximately 830,000m²/day (273Mm2/yr). This will make its plant the world’s largest, and is the second time that XINFA has relied on Grenzebach’s expertise.
XINFA Group runs its own coal-fired power plants to cover the high electricity requirements of its aluminium plants. Flue gas desulphurisation (FGD) gypsum is produced during the purification of the exhaust gases. Using Grenzebach equipment, XINFA has been able to recycle this gypsum to produce gypsum wallboard since 2021.
Robert Brier, CEO of Grenzebach BSH, said “The project demonstrates how close we are to our customers and our competitiveness, as well as our innovative strength in supplying manufacturing plants with a focus on sustainability aspects. By recycling the FGD gypsum, we are supporting our customer’s circular economy, while at the same time using the electricity generated and the waste heat from the power plants to operate the gypsum dryers and systems.”
Fortune Minerals conducts feasibility study for NICO metals mine and gypsum precipitator
08 October 2024Canada: Fortune Minerals has appointed Worley Canada Services to lead an updated feasibility study and assist with permitting for the NICO bismuth, cobalt, copper and gold mine project in Northwest Territories. Dow Jones Institutional News has reported that the project includes a hydrometallurgical plant in neighbouring Alberta that will precipitate gypsum for sale.
Fortune Minerals secured US$12.5m in funding from Alberta Innovates, Natural Resources Canada and the US Department of Defence. The finances will support studies, including for the hydrometallurgical plant, environmental assessments, management plans and authorisations.
Xeriant concludes partnership with compounding facility for Nexboard alternative wallboard development
02 October 2024US: Xeriant has partnered with a ‘leading US-based compounding facility’ for lab-scale production and testing of its Nexboard alternative wallboard. Dow Jones Institutional News has reported that the collaboration will centre on modification of Nexboard’s intumescent system. The aim is to increase its fire resistance in line with the NFPA 286 fire test-based safety standard for interior wall and ceiling finishes.
Xeriant CEO Keith Duffy said "This collaboration leverages decades of experience in processing and testing plastic composite formulations. Their vast knowledge base, combined with the ability to produce and test small samples, allows us to compress the product development life cycle, lowering costs and shortening the timeline to full-scale production."
ClarkDietrich acquires Studs Unlimited
02 October 2024US: Cold-formed steel framing products company ClarkDietrich has acquired fellow framing producer Studs Unlimited from building materials distributor Foundation Building Materials. ClarkDietrich says that the Oklahoma City-based business will help to accelerate its growth.
ClarkDietrich president Brian Panuccio said "We are excited to welcome the Studs Unlimited employees to the ClarkDietrich family. This geographic expansion will help us amplify our service levels to our customers located in the Midwestern US. We will be significantly expanding the existing footprint of Studs Unlimited by adding square footage and machinery to the operation."