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TRE Holdings’ sales grow in first quarter of 2025 financial year
Written by Global Gypsum staff
09 August 2024
Japan: Circular economy company TRE Holdings, a joint holding company of Takeei Corporation and River Holdings, raised its sales by 17% year-on-year to US$175m in the first quarter of the 2025 financial year. Its pre-tax profit was US$16.7m, up by 82% year-on-year. Gypsum wallboard recycling subsidiaries Green Arrows and Gypro reported a decline in sales and profit amid ‘sluggish’ order volumes.
For the full 2025 financial year, TRE Holdings expects to record sales of US$673m, up by 7%, and pre-tax profit of US$53.7m, up by 2%, in line with its previous outlook.
CSR to expand Welshpool gypsum wallboard plant
Written by Global Gypsum staff
07 August 2024
Australia: Saint-Gobain subsidiary CSR plans to expand its Welshpool gypsum wallboard plant in Western Australia. The producer plans to upgrade the plant’s production line and expand warehouses that serve it and the neighbouring Bradford building materials plant. CSR said that the upgrade to the Welshpool wallboard plant will reduce its consumption of natural gas and electricity and facilitate its transition to alternative fuels or electricity.
CEO Paul Dalton said "This significant investment will make Welshpool safer and more sustainable, increase capacity and improve productivity and cost efficiency, all while removing risk from our supply chain.”
Arslanlı commissions Elazığ gypsum wallboard plant
Written by Global Gypsum staff
06 August 2024
Türkiye: Arslanlı has commissioned its new Elazığ gypsum wallboard plant in Eastern Anatolia. ERBA Makina supplied equipment for the plant’s production line. In a post to LinkedIn, ERBA Makina project manager Kadir Ünlü said that the line has a capacity of 30m²/min.
Oregon government holds consultation on new emissions standards for natural gas users
Written by Global Gypsum staff
05 August 2024
US: The Oregon Department of Environmental Quality is receiving public comment on its revised 2021 Climate Protection Program, under which natural gas users, including gypsum wallboard producers, will face tighter emissions regulations. The programme will enable plants to buy credits for emissions above regulation level, with the money raised primarily going to fund community-based projects. Local press has reported that the revised rules aim to help realise a 50% reduction in CO2 emissions by 2035 and a 90% reduction by 2050. The latest revision also shortens companies’ compliance period from three years to two.
Saint-Gobain Canada supports Women Building Futures
Written by Global Gypsum staff
02 August 2024
Canada: Saint-Gobain Canada has partnered with Women Building Futures (WBF) as part of its Build Change corporate social responsibility programme. The partnership involves a donation and support for WBF’s training programmes and coaching. Together, the partners hope to increase the economic security of women in the construction sector.
CEO Julie Bonamy said "Women Building Futures’ work to remove barriers for women in industries where they are traditionally under-represented, like construction, is vital to creating the workforce of tomorrow, while ensuring everyone has an opportunity to succeed. At Saint-Gobain, we are proud to support this incredible organisation and are excited to get started to build change in our community and our industry."