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News Displaying items by tag: Germany

Gypsum industry news

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Knauf reportedly looking for buyer in Australia

08 June 2020

Australia: Knauf is reportedly looking for buyers for its business in Australia. The Royal Bank of Canada and PricewaterhouseCoopers have been helping the gypsum wallboard producer manage a potential sale, according to the Australian newspaper. The German company operates three wallboard plants in the country. They are thought to be worth up to US$200m.

Any such sale is likely to be related to Knauf’s acquisition of USG in 2019. The US-based company owns a 50% share in USG-Boral, which also operates wallboard plants in Australia. Boral said in April 2020 that it thought it unlikely that the Australian Competition and Consumer Commission (ACCC) would approve its plans for USG-Boral so far. If Knauf were able to sell its other assets in Australia then its options with USG-Boral are more likely to be accepted. Speculation has mounted in the local press about partial or full asset divestments by Knauf in Australia since the USG acquisition.

Published in Global Gypsum News
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Jürgens Maschinenbau wins supplier of excellence award from Knauf

05 June 2020

Germany: Jürgens Maschinenbau has won first place in Kauf’s supplier of excellence awards for 2019. “The entire Jürgens team looks back on a long and successful cooperation with Knauf Engineering. We are particularly proud of this award and look forward to further challenges,” said Jürgens’ chief executive officer (CEO) Albert Andreas. The engineering company supplies supplier of fully-automatic automation and packaging machines for film and non-woven rolled goods.

Published in Global Gypsum News
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Boral updates market on USG Boral situation

16 April 2020

Australia: Boral has updated the market on its transaction with Knauf in relation to its USG Boral joint venture. On 19 March 2020, Boral announced that its view was that the Australian Competition and Consumer Commission (ACCC) was unlikely to approve the call option in relation to the Australian and New Zealand business. In further discussions between Boral and Knauf, it has now become clear that obtaining the necessary regulatory approvals required to allow the transaction to be implemented as signed in August 2019 is not achievable by the 30 June 2020 deadline. Other conditions to the transaction also remain outstanding.

As a result, Boral and Knauf will consider a range of potential options, with Boral’s objective being to target a cash neutral transaction rather than a transaction with a significant funding requirement for Boral. Discussions are at a preliminary stage and any revised transaction remains subject to agreement between Boral and Knauf, and ultimately will also require the approval of regulators including the ACCC and New Zealand Commerce Commission (NZCC). Given this, the company’s pre-existing US$400m acquisition bridge facility, put in place for the purpose of completing the transaction with Knauf, was allowed to lapse.

Published in Global Gypsum News
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Simotix Connect 400 forms basis of Currax and Siemens joint Industry 4.0 pilot project

24 March 2020

Germany: Currax and Siemens have announced their collaboration on a mill operations digitisation pilot project involving the Simotics Connect 400 motor data collector and transmitter. They hope that analysis of data processed via the Simotics 400 will better enable the remote operating of mills ‘to increase efficiency and component life’ and speeding the shift towards automation and production that is resilient to crises such as the coronavirus outbreak.

Published in Global Gypsum News
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Knauf plans second Bukhara gypsum wallboard plant

20 March 2020

Uzbekistan: Knauf has announced plans for a second gypsum wallboard production line in Bukhara, Bukhara region. The plans also include an investment of Euro2.2m in an additional gypsum mixture line at its Bukharagips plant, also in Bukhara, which produces dry building mixes. Trend News has reported that Knauf is currently Uzbekistan’s leading producer of gypsum wallboard, which it sells on the Uzbek, Afghan and Turkmen markets.

Published in Global Gypsum News
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Boral ‘considering options’ on Knauf deal

20 March 2020

Australia: Boral has announced that it is ‘considering a range of potential options’ regarding its planned resumption of 100% ownership of USG Boral Plasterboard from Germany-based Knauf in light of the fact that the Australian Competition and Consumer Commission (ACCC) is ‘unlikely to approve the call option in relation to the Australia and New Zealand business.’ The call option would have given Knauf the right to return to 50% ownership of USG Boral Plasterboard within five years. The ACCC’s likely intervention in the transaction is believed to have to do with Boral’s financial situation.

Published in Global Gypsum News
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Saint-Gobain to use shipments logistics software from Sixfold

14 February 2020

Germany: Logistics visibility provider Sixfold says that Saint-Gobain Rigips will use its Sixfold’s logistics software to enable the firm’s sales teams and planners to provide customers with real-time data on shipments. Customers will be provided with live data on the status of shipments through Sixfold’s product and be able to track the status of goods in transit without calls to carriers, with the potential to gain savings of up to 30%.

Saint-Gobain Rigips’ is a joint customer of Sixfold and Transporeon, a major European logistics network. Sixfold is the exclusive shipments visibility provider for the Transporeon network and provides shipment information on over 50,000 shipments each day. The network comprises more than 1200 shippers in the manufacturing and retailing industries.

Published in Global Gypsum News
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Wacker records 16% EBITDA fall

03 February 2020

Germany: Wacker has reported a fall of 16% year-on-year in its earnings before interest, taxes, depreciation and amortisation (EBITDA) to Euro780m in 2019 from Euro 930m in 2018. Wacker Group CEO Rudolf Staudigl said, “Our earnings last year were strongly influenced by non-recurring effects from insurance compensation received and from the impairment charge on fixed assets. We are currently working on a comprehensive program to make Wacker more efficient and capable, and to achieve substantial cost savings.” He indicated that the group would set out specific targets in early-2020.

Published in Global Gypsum News
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PT Siam-Indo Gypsum orders Gebr. Pfeiffer vertical mill

03 December 2019

Indonesia: PT Siam-Indo Gypsum, a joint venture of Wings Group and Thailand’s Siam Cement Group, has ordered a Gebr. Pfeiffer MPS 180 GC vertical mill for grinding, drying, classifying and calcining gypsum at its 20Mm2/yr Bekasi plant in Java. With a total drive power of 210kW, it will mill 40t/h of gypsum to a fineness of 100 µm.

Published in Global Gypsum News
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Schenck Process introduces ProFlex C100 product

08 October 2019

Germany: Schenck Process has added the ProFlex C100 to its range of ProFlex C family of products. The new offering is the smallest of the range and it is intended for small extruders. It is designed for flexibility allowing for a range of additives to be used, the asymmetric design is designed to prevent the bridging and plugging of sticky materials, it is equipped with an integrated gearbox for turndown ratios of up to 1:120 and it has a flexible wall liner massaged at eight points, which the manufacturer says allows a constant and accurate filling of the screw feed element.

The ProFlex C feeding system is used for the continuous feeding of bulk materials such as powder, granulates, pellets or fibers. The series is targeted for the compound and masterbatch industries.

Published in Global Gypsum News
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