Gypsum industry news

India: Representatives of the Indian and Omani government are in a fifth round of talks over a proposed Comprehensive Economic Partnership Agreement. Under the proposed agreement, the parties would reduce or eliminate customs on goods traded between the Indian Ocean nations. Gypsum is among India’s ‘key imports’ from Oman.

India: Knauf India says that all of its products are compliant with Indian Standards Institution (ISI) norms, as dictated by the Bureau of Indian Standards.

The Hindustan Times newspaper has reported that Knauf India CEO Sumit Bidani said "Knauf India is proud to be the first company in the market to achieve full compliance with the new ISI standards for plasterboards. This milestone is a reflection of our ongoing commitment to quality, safety and sustainability. We believe these standards will further enhance the trust our customers and partners place in us."

India: The Bikaner District Mining Department plans to issue a new round of tenders for local gypsum mines. The Times of India newspaper has reported that the department previously tendered contracts for the sites in Rajasthan for US$7.27m earlier in 2024.

The Bikaner District Mining Department said “Like every year, gypsum production will be lower until September due to the rainy season. We are hopeful of finding takers this time."

India: Residents of Baramulla have commenced protests against renewed gypsum mining in the district in Jammu and Kashmir. Local press has reported that the protestors claim the operations cause ‘serious’ harm to health and agriculture. The village council of Salamabad responded by temporarily suspending operations at the site in question.

India: Rajasthan State Mines and Minerals has issued a tender for contracts to mine gypsum at multiple sites in Rajasthan. The sites in question are the Baller, Bharu, Dehariya and Kishanpura-2 mines in Bikaner District and the Siyar Ko Koshita mine in Sanchore District. Bidders for the Baller and Dehariya sites must have recorded recent annual sales of at least US$717,000, while those for the other sites must have recorded recent annual sales above US$358,000.

India: JSW Group subsidiary JSW Infrastructure has entered a concession agreement with VO Chidambaranar Port Authority to develop a new berth at VO Chidambaranar Port on a design, build, finance, operate, and transfer basis. The Hindu newspaper has reported that the company plans to commission the 7Mt/yr Berth III for the export of bulk minerals, including gypsum.

JSW Infrastructure "The asset provides access to the rich hinterland with a diverse cargo profile including coal, limestone, gypsum and rock phosphate."

India: Saint-Gobain India plans to grow its gypsum business as part of a new investment phase, targeting revenues of US$4.3bn across its businesses by 2032. The Hindu newspaper has reported that this represents growth by a factor of three from 2023 levels. The investment phase will include total capex of US$719 – 959m from 2021 to 2025, with ‘significant’ allocations to gypsum activities. The company had invested US$1.58bn up to the end of 2023, including acquisitions in the gypsum wallboard segment.

Asia-Pacific and India regional CEO B Santhanam said "We have made huge investments in India, and quite a lot of them were in new plants."

Asia: India’s new anti-dumping duty on imports of gypsum wallboard from China and Oman will remain in force for the five-year period up to the end of 2028. The Hitavada newspaper has reported that the duty also applies to gypsum tiles.

Oman: Oman exported 11.2Mt of natural gypsum from its Port of Salalah in 2023, up by 11% year-on-year from 9.9Mt in 2022. Zawawi Minerals has reported that the main destination for exports was India, which received 5.3Mt (47%) of Oman’s exported gypsum for the year. Oman is reportedly the source of 90% of India’s gypsum imports.

India: The government has implemented new duties on imports of gypsum wallboard from China and Oman. Importers will pay US$23.46 – 47.62/t on Chinese gypsum wallboard and US$71.80 – 91.42/t on Omani gypsum wallboard. The Hindu newspaper has reported that precise rates will depend upon the producer of the wallboard.