Gypsum industry news

Latvia, Lithuania & Estonia: Germany-based Knauf’s Baltic business generated a turnover of €108m in the Baltic region in 2023, up by 4% year-on-year. The company’s regional profit grew by 34% to €19.5m. Baltic Business Daily has reported that Knauf’s Baltic sales volumes declined, amid a contraction in the local building market, with new building permits down by 30% year-on-year in the first half of the year. Knauf raised its regional investments to €5.8m, while its personnel costs rose by 3% year-on-year. Nonetheless, the company’s energy costs fell by 19%, and its raw materials costs fell by 7%.

Lithuania: Eco Baltia plans to invest Euro700,000 in the establishment of a new construction waste sorting line in Lithuania. Nordic Daily News has reported that this will enable the company to improve its material recovery rate to 82% from 60%. Supplier Ecoservice will supply the automated line, which can handle waste gypsum wallboard alongside other materials.

Eco Baltia's head of environmental management Jānis Aizbalts said "Considering the increasing volume of construction waste and the need to ensure their reuse, we are purposefully developing construction waste sorting possibilities and new technological solutions. Ecoservice has already completed a modernisation project for the existing construction waste sorting area, installing new and more efficient equipment that will double the company's construction waste sorting capacity."