Gypsum industry news

Canada: CertainTeed Canada has welcomed the Canadian International Trade Tribunal's ruling in favour of six provinces and territories' anti-dumping measures on imports of gypsum wallboard. The tribunal found that imports of gypsum wallboard from the US threatened material injury to the domestic industries of Alberta, British Columbia, Manitoba, Northwest Territories, Saskatchewan and Yukon.

CertainTeed Canada chief executive officer Julie Bonamy said "CertainTeed Canada is committed to free and fair trade; we have helped shape the Canadian building products industry for more than 80 years." Bonamy concluded "We are committed to supporting our customers and employees through our facilities in Vancouver, Calgary and Winnipeg."

US: A shareholder in Continental Building Products is taking legal action against the company over its acquisition by France’s Saint-Gobain on 14 October 2019. The claimant alleges that company withheld necessary information from shareholders prior to the transaction, in violation of Securities and Exchange Commission regulations.

Russia: Knauf Gips has filed a lawsuit in the commercial court of Moscow against Prikamskaya Gypsum Company, Gipsopolimer (30.84% owned by Knauf), the Prikamskaya Gypsum Company trading house, the Erster trading house and GlavOptStroyTorg. Knauf Gips has demanded that the defendants be forbidden from using symbols similar to Knauf's trademarks and has claimed Euro61.1m. Knauf Gips has also demanded that counterfeit gypsum wallboard with its trademark be destroyed.