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National Gypsum Company raises its profit in first quarter of 2025

Written by Global Gypsum staff
15 May 2025

Saudi Arabia: National Gypsum Company recorded sales of US$4.48m in the first quarter of 2025, down by 0.6% year-on-year. Group net profit rose by 67% to US$352,000. Mist News has reported that sales grew by 26% quarter-on-quarter from the fourth quarter of 2024.

Published in Global Gypsum News
Tagged under
  • National Gypsum Company
  • Saudi Arabia
  • Results

Saint-Gobain Gyproc India’s plaster obtains Environmental Product Declaration

Written by Global Gypsum staff
15 May 2025

India: Saint-Gobain Gyproc India has launched the country's first Environmental Product Declaration (EPD) for plaster. Press Trust of India News has reported that that the EPD covers Elite 100, Elite MR and Xpert+ plasters produced at the company's Chennai plant.

Plasters Vice President Tridiv Ojha said "This milestone creates a platform for us to engage with our partners in sustainable progress.”

Published in Global Gypsum News
Tagged under
  • SaintGobain
  • India
  • SaintGobain India
  • Gyproc
  • Gyproc India
  • Environmental Product Declarations
  • Plaster
  • sustainability

Trevo Drywall appoints Wilson Soares as CEO

Written by Global Gypsum staff
08 May 2025

Brazil: Trevo Drywall has named Wilson Soares as its new CEO. In the role, Soares will be responsible for leading the US$25m expansion of the group’s 16Mm²/yr Juazeiro do Norte gypsum wallboard plant. The unit’s capacity will increase to 30Mm²/yr by 2026. The company subsequently plans to build a second plant.

Prior to joining Trevo Drywall, Soares served as general director of packaging producer Smurfit Westrock and industrial director of its Brazil-based subsidiary WestRock Brazil. His 29-year career also includes positions at food producer Danone and beverages producer Ambev. Soares holds a Master’s of Business Administration (MBA) from Fundação Dom Cabral and a degree in mechanical engineering from Rio de Janeiro State University.

Published in Global Gypsum News
Tagged under
  • Trevo Drywall
  • Brazil
  • Appointment
  • Expansion
  • investment
  • Smurfit Westrock
  • strategy

Paul Johnson Drywall acquires Advanced Drywall Systems

Written by Global Gypsum staff
08 May 2025

US: Paul Johnson Drywall (PJD) has acquired the assets of gypsum wallboard supply and installation contractor Advanced Drywall Systems. Advanced Drywall Systems serves New Jersey and Pennsylvania. Its entire team will stay on as part of PJD.

Advanced Drywall Systems director David Bedo noted the growth opportunities presented by the acquisition, adding "We are most excited about the opportunity to deliver the market-leading service that Advanced Drywall Systems is known for to more of the region's homebuilders."

Published in Global Gypsum News
Tagged under
  • Advanced Drywall Systems
  • US
  • Paul Johnson Drywall
  • New Jersey
  • Pennsylvania
  • installation
  • construction
  • Acquisition

Nikola Tesla B power plant flue gas desulphurisation project nears completion

Written by Global Gypsum staff
08 May 2025

Serbia: Japan-based Mitsubishi Power has installed all major equipment and completed 96% of construction of a €220m flue gas desulphurisation installation at state-owned utilities provider EPS’ Nikola Tesla B coal-fired power plant in Belgrade. EPS will supply gypsum generated by the system for use in local construction. The Japan International Cooperation Agency supplied financial support for the project.

Mitsubishi Power previously commenced trials of a similar system at the neighbouring Nikola Tesla A power plant in April 2024.

Published in Global Gypsum News
Tagged under
  • EPS
  • Mitsubishi Power
  • Serbia
  • coal
  • power plant
  • FGD Gypsum
  • Japan International Cooperation Agency
  • finance
  • funding
  • synthetic gypsum
  • raw materials
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