Gypsum industry news

Romania: Siniat Romania has said that construction works on a Euro50m wallboard plant in Turceni in southwestern Romania will start in June 2013. The plant was originally scheduled to start construction in March 2013.

The project is entirely financed by Siniat's parent company, Belgium's Etex group. Production at the new plant is scheduled to start in March 2015. The new plant will have an initial wallboard capacity of 27Mm²/yr. Its capacity may be boosted to 50Mm² depending on market demand. Some 50-60% of its output will be exported to Balkan countries.

Siniat Romania exported some 35% of its wallboard output in 2012. The company turnover rose by 1.5% to Euro22.1m in 2012. Siniat added that its market share in Romania stood at 25% in 2012, when the local wallboard market contracted to 38Mm².

Looking forward the company plans to raise its market share on the local wallboard market, which is predicted to grow by 5% in 2013. Siniat Romania runs a wallboard plant in Bucharest.

Romania: Siniat Romania plans to start building a gypsum board factory in the southwestern town of Turceni in March 2013.

"We reached an agreement with the Turceni energy complex, which will provide the raw materials for the plant, and this is the reason we considered this investment," said Siniat Romania director general Marc-Andre Fritsche.

Belgium's Etex group, which controls Siniat Romania, will finance the plant's construction. The investment is estimated at tens of millions of Euros. The plant is scheduled to start operations from the beginning of 2015.

Siniat Romania, formerly Lafarge Arcom Gips, reported a turnover of Euro22.6m in 2011 and projects a slight increase for 2012. Siniat runs a gypsum board plant in Bucharest and a plant for plasters and coatings in the northwestern county of Cluj. Currently 35% of its total output is exported.