Australia: Boral's revenue from its gypsum wallboard join venture, USG Boral, has risen by 2% year-on-year to US$566m in the first half of its financial year, which ended on 31 December 2016, from US$552m in the same period in 2015. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 18% to US$116m from US$98.5m. It attributed the sales growth to growth in its Sheetrock plasterboard product. The on-going rollout of Sheetrock is scheduled to continue until the end of 2017. Regionally, sales growth in South Korea, Australia and Thailand offset a declining market in China.

The building materials company added that its joint venture had started building a new warehouse at its USG Boral's Dangjin facility in South Korea in the reporting period. The upgrade at the site is intended to add incremental capacity and support the longer-term addition of at least 30Mm2/yr of plasterboard production capacity at the site, which has existing capacity to produce around 70Mm2/yr. The investment will be self-funded through the joint venture.

Overall, Boral's sales revenue fell by 5% to US$1.6bn from US$1.68bn. However, its profit after tax rose by 9% to US$114m from US$105m. It attributed this to a 'solid' performance in Australia combined with good earnings from Boral USA and USG Boral.

Argentina: Canada's Centurion Minerals has achieved its design capacity level of 2000t/day in January 2017 at the Ana Sofia Property agricultural gypsum fertiliser pilot plant located in Santiago Del Estero. The plant and operating team have been able to extract, crush and bag approximately 1000t of material since the unti started operation. Some of this material has been sold and delivered to Argentine fertiliser distributors. Centurion's local joint venture partner is currently negotiating supply contracts with distributors in Argentina, Paraguay and Uruguay.

Gypsum is quarried at the site from near-surface, flat-lying beds within a sedimentary formation. The gypsum rock is fed into a hopper leading to primary and secondary crushers, then screened and sorted into two agricultural gypsum fertiliser products. The plant produces both a pellet-sized granular product and a powdered product, each comprised of a minimum 85% gypsum content, that are packaged into 1t big bags.

Germany: Langley Holdings, the UK-based owner of Claudius Peters, has reported that its subsidiary’s revenue fell by 14% year-on-year to Euro106m in 2016 from Euro124m in 2015. Claudius Peters’ orders on hand rose by 13% to Euro50.3m from Euro57.7m. The plant engineering manufacturer noted that the industries it serves, including cement and gypsum, remain at a ‘low point’ in their business cycle and that capital investment is low.

“The division’s order intake did improve in the final quarter and with commodity prices coming off the bottom there are signs that the climate is improving, although it is too early to call a recovery. In all, the results were satisfactory in a still much subdued sector,” said Langley Holdings chairman Anthony J Langley. He added that poor markets in Brazil and Russia affected the division’s results. However, Claudius Peters China performed ‘quite well’ due to export projects with Chinese contractors and divisions in France, the US, UK, Spain and Italy did well.

US: USG is celebrating the centennial anniversary of its Sheetrock brand, developed as the world's first wallboard panel in 1917. To observe the anniversary USG is hosting celebrations across North America with its employees, dealers and customers. Limited quantities of commemorative products celebrating the anniversary will also be shared with customers and dealers.

"From the first simple wallboard panel developed 100 years ago to the breadth of high-performing panels available today, USG has led the industry in innovation," said Jennifer Scanlon, president and chief executive officer (CEO) of USG Corporation. "We are thrilled to celebrate a century of excellence and product leadership. We are proud that USG's Sheetrock brand is one of the world's most recognised brands."

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