Gypsum industry news

US: Transnational Group has appointed Israel Gamliel as the company's Chief Operating Officer (COO). The firm is a mineral and natural resource exploration company focused on acquiring and mining mineral-rich assets, including high-grade gypsum, in the Southwestern US.

"Transnational Group is very pleased to welcome Israel Gamliel as our new COO. He has demonstrated an ability to lead companies through periods of significant revenue growth in a short time frame through the optimum management of people, products, raw materials and financial resources," said the Company's CEO, Philip Dutoit.

Gamliel has several years of experience serving as the CEO, president and owner of multiple companies in diverse markets including construction, real estate and the garment industry.

Poland: Finland's Valmet has signed a contract with CIECH Soda Polska for the supply of a flue gas desulphurization plant (FGD) to Soda Polska's Janikowo combined heat and power (CHP) plant in Poland. This is the second order of a FGD plant from CIECH Soda Polska. In August 2015, Valmet signed a contract for a similar plant for the Inowroclaw CHP plant including a Selective Catalytic Reduction (SCR) plant. The value of the order is around Euro20m.

"This investment will extend the lifetime of the Janikowo CHP plant and help us in complying with the Industrial Emissions Directive (IED) by decreasing our SO2 and dust emissions," said Marcin Malek, Director of Investments at CIECH Soda Polska.

The Janikowo CHP plant provides energy to the Janikowo Chemical Plant, owned by the Polish CIECH group. The CHP plant is in the national transition plan in Poland for compliance with the IED and will have to comply with tight annual emission ceilings for SO2, NOx and dust starting in 2017.

Valmet's delivery includes a wet limestone based flue gas desulphurisation (FGD) plant to remove SO2 from the flue gases of two existing coal fired steam boilers, each with 140t/hr steam capacity. The FGD is planned to be in commercial operation in September 2017.

US: Steve Rowley will retire as president and CEO of Eagle Materials on 31 March 2016. Dave Powers, Executive Vice President for Gypsum Wallboard at Eagle since 2005, will succeed Rowley as President and CEO. He will also be appointed to the Board of Directors.

"Steve has positioned Eagle for an exciting future. He has led the doubling of the scale of our cement business and has guided the growth of our gypsum wallboard business in achieving its nation-wide scope. He also has successfully led the company through the longest and most challenging construction market down-cycle in US history," said Larry Hirsch, Chairman of the Board. Health reasons were cited for Rowley's retirement.

Dave Powers, aged 65, holds over 35 years of experience in the building materials industry. He joined Eagle Materials (formerly Centex Construction Products) in 2002 as Executive Vice President, Sales and Marketing. In January 2005, he was promoted to his role as Eagle's Executive Vice President for Gypsum (and President, American Gypsum Company LLC).

China: A 190m borehole is being drilled to rescue four trapped miners from a Gypsum mine in Shandong. It is the fifth hole that has been drilled by the rescuers since the accident happened on 25 December 2015. The hole will be used as an escape passage for the four miners, according to China Radio International.

"Now the drill work has reached the layer of red sandstone, nearing the mine roadway. Everything went well on overall. We overcame the difficulties when drilling previous layers, and now it's the final sprint. The layer of red sandstone is as thick as 30m," said rescue worker Sang Jingqiu.

When the drilling is finished, rescuers will send down a rescue capsule to the miners in the underground tunnel. Rescuers have been able to pass food and other vital supplies through an emergency hole.

When the mine collapsed 29 miners were working underground. Apart from the four trapped miners that have been located, 11 have escaped or were rescued, one is confirmed dead and 13 remain missing.

Saudi Arabia: National Gypsum has reported that net profit for the fourth quarter of 2015 fell by 66% to US$282,000 from US$828,000in the same period in 2014. Operational profit fell to US$773,000 from US$1.27m.

Net profit for the year in 2015 remained static at US$5.78m compared to US$5.79m in 2014. Operational profit fell by 36% year-on-year to US$3.47m from US$5.41m.