
Gypsum industry news
Saint-Gobain publishes first-quarter 2024 results
29 April 2024France: Saint-Gobain recorded €11.4bn in sales in the first quarter of 2024, down by 8% year-on-year compared to first-quarter 2023 levels. Group sales volumes fell by 4.7%, partly due to a 1.5% negative working day effect. Meanwhile, a negative group structure effect reflects on-going optimisation. New acquisitions during the first quarter of 2024 included Australia-based building materials producer and land banking entity CSR.
Saint-Gobain’s sales dropped by 10% in Europe, the Middle East and Africa, but grew by 6% in the Americas, where the group noted a ‘dynamic’ renovations market. Its sales also grew, by 4.5%, with ‘strong momentum’ in India. In Saint-Gobain’s High Performance Solutions business, sales declined by 5.4% year-on-year. The business’ sales to construction customers fell by 6.7% amid a decline in new project starts in Europe.
Saint-Gobain forecast resilience in the remainder of 2024, through its focused strategy and proactive commercial and industrial initiatives. It expects new construction to end its decline in Europe and all segments to ‘hold firm’ or recover in the Americas.
UK: The Pallet Loop has concluded a strategic agreement to provide its pallets collection service for British Gypsum’s UK distribution operations. From May 2024, British Gypsum will deliver bagged plaster using The Pallet Loop’s green pallets. It will subsequently begin to transition its gypsum wallboard distribution to The Pallet Loop pallets from July 2024, resulting in 70% coverage of its entire distribution of products. The subsidiary of Saint-Gobain plans to eventually raise this to 100%.
British Gypsum managing director Dean O’Sullivan said “We are delighted to announce our partnership with The Pallet Loop as we aim to radically cut unnecessary waste. Pallets left behind after products have been removed have for a long time created a challenge, with many being unsustainably disposed of at a heavy environmental cost. By joining forces with The Pallet Loop, we aim to significantly reduce this practice.”
The Pallet Loop managing director Paul Lewis said “At Loop, our mission is to transform the way building materials move and we are incredibly excited that British Gypsum, as a market leader, is partnering with us to promote a culture of pallet reuse. Using our service, merchants, distributors, principal contractors and housebuilding companies will be able to book pallet collections, which can take place from as little as 72 hours later. There will also be a payback of up to €4.69 available for every green coloured pallet they put back in the loop.”
Saint-Gobain to acquire Bailey Metal Products
05 April 2024Canada: France-based Saint-Gobain has entered into an agreement to acquire Bailey Metal Products for US$649m. The group says that the structural framework producer will help to strengthen its lightweight construction offering. It said that Bailey Metal Products is a ‘long-standing partner’ that has previously supplied ceiling grids, frames and fasteners for its own lightweight construction products.
France: Saint-Gobain Placo has launched Glasroc X 13, a ‘three-in-one’ gypsum wallboard for use in façades and exterior shells for wood-frame structures. The producer says that the board embodies three key benefits for wooden construction applications: fire protection, weather resistance and stability. It can be left uncovered for up to six months before cladding, and is available in 1200mm or 1250mm widths.
France: Saint-Gobain’s sales dropped by 6.4% year-on-year to €48bn in 2023. Meanwhile, the group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 1.7% year-on-year to €7bn. Despite this, it achieved average organic growth of 6.4% across its markets, buoyed by sustainable solutions, which accounted for 75% of its sales. Throughout the year, Saint-Gobain invested €223m in capital expenditure and research and development, in line with rising internal carbon prices. This contributed to a 34% reduction in its Scope 1 and 2 CO2 emissions compared to 2017 levels. The company used 57% renewable electricity in 2023, compared to 52% in 2022, and concluded eight new renewable energy supply deals. It aims to reach 66% renewables by 2025.
Saint-Gobain may acquire CSR for US$5.44bn
23 February 2024Australia: France-based Saint-Gobain has submitted a non-binding indicative offer of US$5.44bn for building materials producer and land banking entity CSR. CSR’s businesses include insulation producer Bradford, fibre cement systems producer Cemintel, wallboard producer Gyprock, autoclaved aerated concrete (AAC) block producer Hebel and roofing producer Monier. Together, CSR’s building materials units accounted for 72% of its sales in 2023.
UK: Saint-Gobain subsidiary British Gypsum has launched its BIMlocker software, a tool to enhance the use of its building information modelling (BIM) objects. The company says that BIMlocker improves customers’ data accuracy and accountability. The tool integrates with existing Revit software.
Head of digital construction Paul French said "Demonstrating compliance, accountability and integrity has never been more important within our industry. Our new BIMlocker software provides reassurance as an invisible layer of security that acts as a valuable aid to construction supply chains in the Building Safety Act era. It eliminates any ambiguity and ensures complete transparency."
Saint-Gobain to power 20% of Italian operations renewably
09 February 2024Italy: Saint-Gobain has entered into a 10-year power purchase agreement (PPA) with Switzerland-based utilities provider Axpo Holding. Under the agreement, Axpo Holding will supply 22GWh/yr of renewable electricity from a newly built wind farm in Puglia. The deal will fulfil 11% of Saint-Gobain's Italian energy needs across 10 sites.
The latest PPA with Axpo Italia is Saint-Gobain's fifth in Italy. Collectively, these will bring the group’s reliance on renewables in its Italian operations to 20%.
Canada: CertainTeed Canada has begun upgrading its Montréal gypsum wallboard plant to convert the plant to net zero Scope 1 and 2 CO2 emissions. The producer says that the plant will become the first net-zero facility of its kind in North America.
Saint-Gobain Gyproc’s Abu Dhabi gypsum wallboard plant recycles 22,000t of gypsum since 2014
08 January 2024UAE: The wallboard recycling unit at Saint-Gobain Gyproc’s Abu Dhabi gypsum wallboard plant has processed 22,000t of gypsum since 2014, the L'Usine Nouvelle newspaper has reported. The producer said that the Abu Dhabi plant can incorporate 10 – 12% recycled materials in its gypsum wallboard production. It runs on a diversified energy supply, which in its most recent recorded month included 55% nuclear, 38% natural gas and 7% solar energy.
In 2023, Saint-Gobain reduced its non-recycled waste by 78% year-on-year and its water footprint by 14% from 2017 levels in the UAE.