Gypsum industry news
National Gypsum Company anticipates rising costs in 2024
20 February 2024Saudi Arabia: National Gypsum Company expects its cost of sales to rise by 11% following a hike in fuel prices by Saudi Aramco from 1 January 2024. In an exchange filing, the company said that the increase will show in its results from the first quarter of 2024.
Belarus: The Ministry of Antimonopoly Regulation and Trade has set new lower natural gas prices for industrial plants. Operators will pay US$0.15/m3, down by 2% year-on-year. Prime Press News has reported that the rate will be applied retroactively from 1 January 2024.
Chayton Capital and Montenegro government to assess feasibility of Pljevlja building materials complex
12 April 2023Montenegro: UK-based private equity firm Chayton Capital has agreed to fund the feasibility study for the establishment of a joint public/private building materials production complex at the site of the Plejevlja energy hub. The complex will include a gypsum wallboard plant. Emerging Market Watch News has reported that the firm will also be involved in the modernisation of a coal-fired power plant at the site. The total budget for the project is Euro700m.
