Gypsum industry news

Spain: Wallboard liner manufacturer Alier has won €9.6m in European Regional Development Fund funding for an upcoming recycled paper plant in the Lopez Soriano Recycling Technology Park in Zaragoza. Spanish Collection News has reported that the plant forms part of the Gypsum Board 5.0 circular wallboard project. Alier expects to invest €40m in the project altogether.

UK: Etex subsidiary Siniat has inaugurated a new line at its Bristol gypsum wallboard plant in the West of England. The plant will produce 98% of Siniat’s portfolio of wallboard products for the UK and Ireland markets. It will incorporate 45% recycled content in its products, with zero waste to landfill. The company said the upgrade to the plant cost €200m.

Belgium-based Etex says that the inauguration marks its single largest production investment in its history.

Egypt: Industrial House for Building Materials has signed a contract with the General Authority of the Suez Canal Economic Zone to build a new factory in Sinai’s Technology Valley in East Ismailia. Arab Finance News has reported that the producer will invest US$12m to build the plant. When operational, it will produce 4Mm²/yr of gypsum wallboard, 900,000t/yr of plaster and 60m bags annually. Industrial House for Building Materials expects to export 80% of the plant’s total production.

Cameroon: Cimpor and the government of Cameroon have signed an agreement to set up a gypsum plant in Kribi, South Cameroon. TCTBC News has reported the investment value of the plant as US$62.5m. The Cameroon Investment Promotion Agency and the Cameroon Türkiye Business Council facilitated the agreement.

Ukraine: Saint-Gobain Building Products Ukraine, an importer and distributor of gypsum products in Ukraine, has inaugurated its new 60,000t/yr Ivano-Frankivsk plaster plant. LIGA Business News has reported that the plant cost €11m, will employ 50 people and produce plaster mixes for sale under the Rigips brand.

Saint-Gobain Poland and Ukraine president Joanna Czynsz-Piechowiak said "The opening of the first Saint-Gobain plant in Ukraine is an important step for our company. Even in difficult times, we continue to move forward and invest in the future.”

Egypt: Knauf Egypt is planning to invest US$86m in the construction of its upcoming third gypsum plant. Al Mal News has reported that the unit will double Knauf Egypt’s total production capacity of products including gypsum wallboard. It will raise the company’s installed gypsum wallboard capacity to 60Mm²/yr. The upcoming plant will serve both domestic and export markets. Knauf Egypt currently sells its wallboard in 13 countries, including Greece, Morocco and South Africa.

Brazil: Trevo Drywall plans to invest US$25m in an expansion to its Juazeiro do Norte gypsum wallboard plant, scheduled for commissioning in 2025. This will initially raise the plant's capacity to 20Mm²/yr, and subsequently to 30Mm² by 2026. The expanded plant will be equipped with a new enterprise resource planning system to assist with the increased automation of its operations. Trevo Drywall also plans to build a second plant, the location of which is subject to on-going evaluations.

Chief financial officer Gabriel Rodrigues Granja de Alencar said "We will also strengthen compliance tools and soon announce the creation of a people development programme."

Latvia, Lithuania & Estonia: Germany-based Knauf’s Baltic business generated a turnover of €108m in the Baltic region in 2023, up by 4% year-on-year. The company’s regional profit grew by 34% to €19.5m. Baltic Business Daily has reported that Knauf’s Baltic sales volumes declined, amid a contraction in the local building market, with new building permits down by 30% year-on-year in the first half of the year. Knauf raised its regional investments to €5.8m, while its personnel costs rose by 3% year-on-year. Nonetheless, the company’s energy costs fell by 19%, and its raw materials costs fell by 7%.

France: Saint-Gobain reported sales of €23.5bn in the first half of 2024, down by 6% year-on-year from €25.0bn in the same period in 2023. The group reduced its capital expenditure by 5% to €583m. €255m (47%) of this was invested in new capacity, down by 7%. Group earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 2% to €3.65bn from €3.74bn. During the reporting period, Saint-Gobain accelerated efforts to reinforce its profitable growth profile with acquisitions in the light and sustainable building materials segments in Australia, Canada, India and the Middle East. Saint-Gobain said that it exceeded 67% of operating income being generated in “high-growth geographies,” namely North America, Asia and emerging countries. It now expects “double-digit” operating margins in 2024, for the fourth consecutive full year.

Chair and CEO Benoit Bazin said "Our first-half results once again demonstrate the success of Saint-Gobain's new profile, reflecting the group's ability to adapt to different macroeconomic environments and to continue to outperform. The roll-out of our comprehensive range of sustainable and innovative solutions and the resulting enhancement in our mix, together with our decentralised organisation by country with accountability on commercial performance and on proactive cost management, have enabled us to deliver a new record operating margin and strong free cash flow generation. I am very grateful for our teams' dedication and their contribution to the group's consistent improvement in its performance."

Romania: Saint-Gobain Romania has inaugurated a new line at its Turda gypsum wallboard plant in Cluj County. Romania-Insider News has reported that the line cost €50m. The company had previously announced anticipated total investments €45m. All gypsum wallboard produced in the line will come with environmental product declarations (EPDs). Saint-Gobain Romania will employ an additional 100 people to work on the line, raising its total number of employees by 5% to 2000 people across 14 sites.

Saint-Gobain Romania CEO Ovidiu Pascutiu said "This new line, operating at optimal parameters, marks a significant step towards enhancing our production efficiency and expanding our product range to better serve our growing customer base."