
Gypsum industry news
US home-building costs to rise by US$7500 – 10,000 due to gypsum wallboard and lumber tariffs
28 March 2025US/Canada: The costs of construction of new single-family homes are set to rise by US$7500 – 10,000/unit, according to the National Association of Home Builders. This is due to the government’s introduction of a new 25% tariff on Canadian gypsum wallboard and its raising of the tariff on softwood lumber to the same level from 14.5%.
National Association of Home Builders highlights possible effects of new US tariffs on gypsum supply
06 March 2025US: The National Association of Home Builders (NAHB) says that more than 71% of the US’ total annual imports of gypsum originate in Mexico. The association has highlighted the possibility of ‘scarcity and an acute, sustained rise in building materials costs’ as a result of new tariffs. The US government imposed 25% duties on products from Mexico and fellow North American country, Canada, on 4 March 2025.
NAHB said that it will ‘continue to seek a tariff exemption for building materials.’
Adaptavate trials reduced-CO2 alternative wallboard in mixed-use development in London
03 March 2025UK: Adaptavate has partnered with British Land, Royal London Asset Management Property and office refurbishment company Overbury to test its Breathaboard 50% reduced-CO2 alternative wallboard at the 1 Triton Square mixed-use development in Camden, London. This is the product’s first large-scale commercial application.
Adaptavate produces Breathaboard from renewable agricultural feedstocks as a scalable, CO₂-sequestering alternative to conventional gypsum wallboard. It offers net reduction of 4kg/m3 of CO₂.
Eagle Materials raises nine-month sales in 2024
30 January 2025US: Eagle Materials raised its sales in the first nine months of 2024 to US$1.79bn – up by under 1% year-on-year. Its profit also grew by under 1%, to US$569m. In the group’s Light Building Materials business, gypsum wallboard sales were US$271m, up by 8% year-on-year.
President and CEO Michael Haack praised the growth in the face of ‘ongoing adverse weather’ conditions in the Midwest and Great Plains markets. He said “While the path to lower interest rates and improved home-buying affordability is less certain today, we remain optimistic about our businesses and our ability to execute on the opportunities in front of us. Steady employment, housing supply that remains chronically short and our cost-structure advantages continue to provide favourable conditions for our gypsum wallboard business.” He added “Our consistent, disciplined operational and strategic approach should position us to continue to perform well through economic cycles and deliver value over the long term.”
Court sentences Apodaca Wall Systems and Empire Wall Systems for overtime pay violations
23 January 2025US: A court has ordered Apodaca Wall Systems and Empire Wall Systems to pay workers for withheld overtime wages after violating the Fair Labor Standards Act. Due News has reported that the companies must each pay US$3.73m to a combined total of 1400 employees, along with a US$125,000 penalty to the US Department of Labor.
Egypt: Knauf Egypt has entered into a partnership to supply Hassan Allam Construction with building materials for more than 100 upcoming projects. Arab Finance News has reported that Knauf Egypt’s delivery on the contracts will reflect its commitment to the Egypt Vision 2030 national sustainable development strategy.
Knauf Egypt recently invested US$640,000 in a collaboration with the German Society for International Cooperation to train 4000 Egyptian construction sector specialists per year.
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."
Romania: Saint-Gobain Romania has launched the Saint-Gobain National Trophy contest. The contest recognises exceptional projects due for completion by the end of 2024 which incorporate materials supplied by Saint-Gobain Romania. Local press has reported that judges will evaluate projects’ excellence in execution, sustainability and effective utilisation of their incorporated Saint-Gobain products. The company will receive submissions until 31 October 2024.
Out West Drywall donates gypsum wallboard for Habitat for Humanity housing development in Montrose
09 May 2024US: Out West Drywall is among building materials producers that have donated their products to non-profit organisation Habitat for Humanity’s latest affordable housing development in Montrose, Colorado. Local press has reported that the producer donated its gypsum wallboard for use in the development. Habitat for Humanity uses the economic process of shared appreciation to give its homeowners 5% composite annual growth in the equity value of their new homes over 20 years. Its goal is to raise living standards by increasing access to housing.
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.