Gypsum industry news

Philippines: Knauf Philippines has asked the Tariff Commission to recommend a new import duty on gypsum wallboard from Thailand, the Manila Times newspaper has reported. Thai wallboard was subject to a provisional anti-dumping duty from November 2024 – March 2025, following a 30% drop in local production from 2022 levels. Meanwhile in Thailand, producers’ capacity utilisation ended 2024 at 57%. As a result, it the industry is attempting to increase its efficiency, maximise its production and possibly target export markets like the Philippines, according to Knauf Philippines.

Director Mark Dewey Sergio said "We have reason to believe that the threat will continue."

Pakistan: The government will launch its first ever National Minerals Harmonisation Framework for 2025 on 8 April 2025. The aim of the framework is to streamline and standardise mining regulations across provinces and territories, with a view to attracting investments. It will include tax incentives, fast-tracked licensing and a dispute resolution mechanism. The News International has reported that provincial governments collaborated in drawing up the framework.

US/Canada: The costs of construction of new single-family homes are set to rise by US$7500 – 10,000/unit, according to the National Association of Home Builders. This is due to the government’s introduction of a new 25% tariff on Canadian gypsum wallboard and its raising of the tariff on softwood lumber to the same level from 14.5%.

Ukraine: Knauf Gips Ukraine has bought guarantees of origin for its electricity through Ukraine’s National Electronic Register. The guarantees confirm the sources of the company’s energy in Ukraine. Newsbase Daily News has reported that this will form the basis for future development of the country’s renewable energy market. Ukrainian authorities have previously attempted two green energy auctions, both of which failed due to investor concerns over the guaranteed buyers’ financial obligations and regulatory instability.

Power provider Elementum Energy Manager Olga Rybachuk said “The first investors in new projects will be those already in the market and familiar with the risks. Newcomers rely on their assessments. Green auctions are an important tool, but credit risk remains a critical factor.”