Gypsum industry news

US: Eagle Materials offset higher energy and maintenance costs by raising the prices of its products in the first quarter of its 2023 financial year. This contributed to an 18% year-on-year sales rise to US$561m. The group achieved earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$184m during the quarter, up by 13% year-on-year.

President and CEO Michael Haack said "Our results this quarter exceeded our expectations, as our portfolio of businesses performed well, and we executed on the opportunities available to us. Construction activity remained healthy across our markets, and we realised broad pricing gains across our portfolio again this quarter."

The producer’s light materials sales rose by 30% year-on-year to US$248m due to increased gypsum wallboard sales volume and prices. Wallboard volumes increased by 5% to 74.1Mm2; their average price increased by 24%. Haack said “In our light materials sector, wallboard shipments and orders remain strong, but we recognise quantitative tightening will likely have an impact on residential construction activity in the future. In the near term, we expect record home construction backlogs to support product demand this year. With Eagle's excellent balance sheet, the favourable geographic positioning of our operations and consistent execution of our operating strategies, we are poised for a strong fiscal 2023."

Hungary: Slovakia-based Stavmat Epitoanyag Kereskedelmi has produced its first batch of wallboard from recycled drinks cartons at its Kaposvar pilot plant in Somogy County. MTI – EcoNews has reported that the company plans to install two further production lines at the site by January 2023.

The full-scale plant will cost US$10.6m, employ 20 people and consume 50 – 70t/yr of waste drinks cartons. Stavmat Epitoanyag Kereskedelmi plans to establish a carton collection service across Southern Transdanubia. The present commissioning may lead to the establishment of a second, 10-line plant at a cost of US$21.2m.

Kazakhstan: Alina Group plans to invest US$112,000 in the construction of a gypsum wallboard ‘mini factory’ in Almaty Region. Kazakhstan Newsline has reported that the company expects to commission the facility in 2022. The group is already engaged in the construction of two building materials plants in the region, at a total investment cost of US$35.9m.

Canada: Saint-Gobain has shared plans to install a US$3.19m waste heat recovery (WHR) system at its Vancouver gypsum wallboard plant in British Columbia. It has secured US$1.12m in funding from the provincial government’s CleanBC Industry Fund for the project. The producer says that the installation will increase the plant’s energy efficiency and reduce its CO₂ emission by 10%.

Saint-Gobain said “This project will help our company to maximise our positive impact for our customers and the communities where we do business, while minimising our environmental footprint. We thank the CleanBC programme for its support, and look forward to many more years of sustainable, state-of-the-art manufacturing in Vancouver.”

UK: Etex has awarded a contract for construction of its new Euro167m Bristol gypsum wallboard plant in North Somerset to McLaughlin & Harvey. The plant will include a post-consumer gypsum recycling facility and is scheduled for commissioning in 2022.

Brazil: Saint Gobain has predicted a 40% year-on-year turnover increase from its Brazilian operations to US$2.63bn in 2021. It said that it expects demand for its products from civil construction to have accounted for 67% of its income for the year.

In 2021, Saint-Gobain invested a total of US$52.6m in its Brazilian operations, consisting of 56 sites. It aims to increase its total income by 15% in 2022 compared to 2021 levels. During the year, it plans to commission a new gypsum wallboard plant at Mogi das Cruzes in São Paulo.

Belgium: Saint-Gobain has appeared on climate charity CDP’s Climate Change A List 2021. The producer says that the listing recognises its environmental ambition and transparency. It has taken ‘significant and demonstrable action,’ including allocating Euro100m/yr until 2030 in capital expenditure and research and development funding to reduce CO₂ emissions. It employs an internal carbon
price for investment decisions, which has risen by 50% to Euro75/t for capital expenditure. For research and development, it is Euro150/t.

Senior vice president human resources and corporate social responsibility Claire Pedini said “This is a recognition of the progress made and the commitment of the group with regard to the fight against climate change. Saint-Gobain is a key player in this respect and demonstrates at all levels its leadership and responsibility: maximising the positive impact for our customers thanks to our solutions, whilst minimising our own footprint as part of our commitment to be carbon neutral by 2050.”

Egypt: Dahab Sinai says that it has commenced pilot production at its 0.18t/yr plaster plant in the Suez region. The company invested around US$18m in building the unit. In early 2019 it was reported that Dahab Sinai ordered a gypsum production plant from Germany-based Claudius Peters. Rowad Tourism holds the 64% majority stake in Dahab Sinai.

US: Saint-Gobain plans to invest a total of US$400m in expansions to its operations including gypsum operations at four US sites. The group says that the sites are located in California and the Southeastern US. It said that the new capacities will apply the most advanced available technologies for industrial performance, safety and sustainability. This will reduce waste by 50% and CO2 emissions by 20% from current levels, according to the company.

Saint-Gobain said it hopes that the investments will strengthen its leadership in North America and accelerate its growth in the region by enriching its comprehensive range of solutions for light and sustainable construction.

Australia: Cohiba Minerals has received notification that it has successfully secured a 5-year extension of its exploration licence for its Pyramid Lake gypsum mine in south-western Western Australia. The new lease will expire on 4 July 2026.

The company says that it has recommenced its application for a mining lease for the high-grade area of the Pyramid Lake mine, which is not covered by its present lease. It says that it had previously delayed the process due to a change in its application conditions.

Cohiba Minerals previously announced the planned expansion in December 2020 as part of a countrywide expansion of its extraction activities, towards which it was raising US$1.5m through a share purchase plan.