Gypsum industry news
Kenyan government urged to lift gypsum mining ban in Garissa County
20 November 2024Kenya: Gypsum traders in Garissa have called on the government to lift a ban on gypsum mining in the country. The ban also prevents land allocation and demarcation. The Star newspaper has reported that it resulted from a perceived security threat due to violence at local mines, in which 12 people have died.
Mine owner Issa Kuno invited Cabinet Secretary for Mining, Blue Economy and Maritime Affairs Hassan Joho to visit. He said “Personally, I have never experienced or witnessed any insecurity related to gypsum mining activities."
Natural gypsum mined in Garissa County previously sold for US$38.60/t.
Knauf issues update on cyber attack
26 July 2022Germany: Knauf Group says it has made “good time in restorations” following a cyber attack in late June 2022. It said it was continuing to work on reinstating operating procedures and was on its way to achieving this. It added that many of its online systems and email were back to normal functionality and that other processes were still being restored. In separate coverage, Bleeping Computer reports that the Black Basta ransomware gang has claimed responsibility for the attack.
Knauf reports cyber attack
08 July 2022Germany: A cyber attack compromised Knauf's computer systems on 29 June 2022, leading the producer to opt for a complete services shutdown. The group said that its information technology (IT) unit successfully isolated the breach and has launched an investigation.
Knauf thanked customers for their understanding and trust. It said "We are currently working heavily to mitigate the impact to our customers and partners – as well as to plan a safe recovery. However, we apologise for any inconvenience or delays in our delivery processes that may occur."
France: Saint-Gobain has grown its sales in the first half of 2017 despite a reported Euro220m impact from a cyber attack in June 2017. The building materials producer's sales rose by 4.4% year-on-year to Euro20.4bn in the first half of 2017 from Euro19.5bn in the same period in 2016. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 5.8% to Euro2.07bn from Euro1.96bn. It attributed the sales growth to rising prices, increased sales volumes and positive currency exchange rates.
"The first half of 2017 confirmed the encouraging trends seen in 2016, particularly in France. Excluding the one-off impact of the cyber-attack, the group grew at its fastest rate since the first half of 2011 translating into double-digit growth in operating income. The focus on sales prices paid off, allowing us to offset the rise in raw material and energy costs at group level. Overall, the results were in line with our expectations, and we can therefore confirm with confidence our 2017 objectives," said Pierre-André de Chalendar, the chairman and chief executive officer (CEO) of Saint-Gobain.
By business line the group's Interior Solutions division of its Construction Products (CP) business reported an organic growth of 4.1% in the first half of the year, along with both rising sales volumes and prices, despite rising raw material and energy costs. Trading in Western Europe and in Asia and emerging countries improved in terms of both volumes and prices, with prices continuing to rise during the second quarter. North America also advanced, with a slight acceleration in prices since the first quarter.
With respect the cyber attack the group said that the full year impact of the incident upon sales is expected to be under Euro250m. Just over half the impact of the attack affected its Building Distribution business and the rest affected its CP unit. Geographically, the worst affected areas were in Western Europe, especially in Scandinavia, Germany and France.
Cyber attack likely to have limited effect on Saint-Gobain’s half-year financial results
13 July 2017France: Saint-Gobain says that a cyber attack that hit its operations in late June 2017 is unlikely to negatively affect its first-half financial results by more than 1%. It is still investigating the impact of the incident and will report more fully in its results on 27 July 2017.
The building materials producer added that it had restored its remaining operations still 'experiencing difficulties' back to normal. It said that since early July 2017 the 'vast majority' of its businesses had been operating normally and that no personal data was disclosed to any third party. It does not expect the event to have any future commercial impact.
Saint-Gobain affected by cyberattack
28 June 2017France: Saint-Gobain has been hit by a cyberattack. The building materials producer said that it subsequently isolated its systems in order to protect its data. It added that its production lines were continuing to operate and that it was still serving its clients. It is not known whether the company has been infected with the Petya ransonware virus. However, the company operates a gypsum wallboard plant in Ukraine, where that attack was first reported on 27 June 2017.