Gypsum industry news

France: 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.

Turkey: France-based Saint-Gobain and building materials producer Dalsan have signed a joint-venture agreement, pursuant to which they will merge their gypsum wallboard operations in Turkey. The merge will give the new joint venture a gypsum wallboard production capacity of over 100Mm²/yr. It will also see the companies’ plaster production consolidated under their new subsidiary.

The partners said “This partnership will offer Turkish customers access to the most innovative and complete portfolio of light and sustainable solutions for the construction and renovation of the building envelope, as well as internal partitioning.”

Saudi Arabia: Mada Gypsum plans to reposition itself as a solutions provider, while retaining its core offer of gypsum wallboard. Accordingly, it has launched a new brand identity under the motto Building Excellence. Gulf Construction News has reported that the company is seeking to increase its offering of gypsum wallboard internal lining solutions and to maximise its production of components for its system solution in-house.

President Greg Smith said “Mada Gypsum has been repositioning itself and building capabilities with a focus on promoting itself as a system provider. This shift from being a plasterboard supplier to systems supplier was an important differentiator that allowed us to leverage the strength we have with our other products such as metal profiles, ceiling tiles, glass matt sheathing, fibre cement boards and joint compound.” Smith concluded “Our evolution now to a solution provider is a natural progression, as we have the structure, the people and the products in place.”