Gypsum industry news

US: Gypsum Management and Supply Inc (GMS) has launched its newly-redesigned website. The company has said that new website was established to 'capture the essence of the brand today,' as well as to digitally facilitate its core competencies in servicing customers and connecting them to local markets.

"GMS has a long-standing commitment to offering customers a better experience," said Michelle Leader, marketing director of GMS. "Our goal continues to be to connect with our customers on a local level and provide the best possible service. This new website helps support this effort, but more importantly equips our customers for success on the job."

Russia: Volma corporation is setting up a plant for the production of construction materials and gypsum-based products in the Republic of Adygea. The project has an investment of US$19.7m. It will have a production capacity of 0.24Mt/yr of dry mortars, 0.3Mt/yr of gypsum, 0.54Mm² of gypsum partition blocks. Phase two of the project will build a gypsum plasterboard line.

US: USG's sales for the first quarter of 2015 have risen by 7% year-on-year to US$909m. The company's operating profit rose by 15% to US$76m in the same period. The positive results were driven by its gypsum and ceilings divisions.

"USG is off to a great start in 2015, led by the performance of our US Gypsum and US Ceilings businesses... We generated operating margin improvement in these businesses by achieving price increases, focusing on manufacturing cost control, and tailoring our spending on investments in these businesses," said James S Metcalf, Chairman, President, and CEO.

USG also announced that it has entered into agreements to sell the two ships in its non-core shipping business, Gypsum Transportation Limited (GTL), for US$42m. The sales of the ships are expected to close in April 2015.

Peru: Etex's Eternit aims to double Peru's demand for wallboard construction systems, having invested some US$35m in its new, modern plant on the Huarochiri industrial estate in Lima, which was inaugurated recently.

The new plant will produce 12.2Mm²/yr of wallboard. National demand for wallboard in Peru is 10Mm²/yr, although this segment is growing at an estimated annual rate of 20%/yr. Eternit is already looking at a first expansion in 2020. The company will now focus on the residential sector, where there is huge potential for growth. Consumption of wallboard systems per capita ranges between 6m² and 8m² in developed countries, compared to 2.8m² in Chile, 0.6m² in Colombia and <0.3m² in Peru. Eternit aims to double this figure by 2018 or 2019. Currently, excess wallboard production from Peru is exported to Ecuador and northern Chile, where there is higher wallboard demand.

Hungary: Saint-Gobain's Hungarian wallboard plant generated a revenue of Euro21.9m in 2014, according to Attila Piros, the managing director of the local Rigips unit. Saint-Gobain inaugurated the Euro30m wallboard plant, Hungary's first, in 2008. Since 2012, Rigips has boosted its use of capacity at the plant. In 2014, it used more than half of its installed production capacity.