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FACT-RCF looks to gypsum products to boost sales
Written by Global Gypsum staff
27 May 2014
India: India's FACT-RCF Building Products Ltd hopes that sales of gypsum-based building products will help it to reach US$50.8m in revenue in the current fiscal year.
The company, which is a joint venture between Kerala-based Fertilisers and Chemicals Travancore and Mumbai's Rashtriya Chemicals and Fertilisers, has received an encouraging response from users of gypsum products. End users have already purchased around 23,226m2 of products, according to Jaiveer Srivastava, chairman and managing director of FACT-RCF.
The company has set up a 1400000m2/yr capacity plant in Kochi, Kerala at an investment of US$25.4m. Srivastava described the gypsum-based building products as a solution to address the issues connected with natural resource constraints in the building sector at a time when the availability of water, sand and labour are becoming scarce.
Wacker appoints new distributors in central and Eastern Europe
Written by Global Gypsum staff
23 May 2014
Germany: Wacker, the German chemical company, has reorganised its distribution network for silicone and polymer products in central and eastern Europe.
As part of a regional optimisation process, the existing partners IMCD, Euro-Him-1, Hellermann, Radka, Revada and Variachem will be entrusted with the distribution of Wacker's product range for silicones and polymers. Effective from 1 July 2014, these partners will replace the previous distribution partner Brenntag CEE.
IMCD, Euro-Him-1, Hellermann, Radka, Revada and Variachem already distribute products from the group's silicones and polymers portfolio in different regions. As part of the reorganisation of the distribution network in central and eastern Europe, Wacker is further extending these partnerships.
China VTM Mining buys stake in gypsum mine at US$59.3m
Written by Global Gypsum staff
23 May 2014
China: China Vanadium Titano-Magnetite Mining said that it has agreed to acquire 51% of the paid-up registered capital of Sichuan Haoyuan New Materials Co Ltd at US$59.3m. Sichuan Haoyuan's wholly-owned subsidiary Hanyuan County Xinjin Mining Co Ltd currently holds the mining permit of the Shigou gypsum mine, which is located in Sichuan Province. The mine has a raw gypsum output capacity of 0.30Mt/yr.
Paul Johnson Drywall to pay back wages
Written by Global Gypsum staff
22 May 2014
US: Paul Johnson Drywall Inc., an Arizona-based wallboard contractor, has ended its relationship with a labour contractor that misclassified workers as independent contractors, according to the US Department of Labour (DOL). Paul Johnson Drywall agreed to pay US$556,000 in overtime, back wages and liquidated damages to at least 445 current and former employees. It will also take steps to ensure misclassification does not occur again and will pay US$44,000 in civil penalties.
Paul Johnson Drywall had entered into a contract with Arizona Tract to supply wallboard labour. However, Arizona Tract misclassified workers as 'member/owners' and violated overtime and record-keeping provisions of the Fair Labor Standards Act (FLSA), according to the DOL. Paul Johnson Drywall also, prior to being solicited by Arizona Tract, failed to pay proper overtime to employees who were paid on a piece-rate basis. Investigators also found that Paul Johnson Drywall failed to keep complete and accurate records.
The company agreed to take steps to ensure its workers are properly classified and paid as employees and to improve compliance in the construction industry. Paul Johnson Drywall will hire a third-party monitor to ensure compliance and require any wallboard subcontractors to conduct regular training of supervisors and employees regarding the requirements under the FLSA. Paul Johnson Drywall has announced a classification initiative that includes reactivating 1325 workers as W-2 employees and hiring 627 new employees as a first step in its FLSA compliance programme, which was developed in conjunction with the DOL.
"We pride ourselves on having the most professional crews in the state and welcomed the opportunity to evaluate employment practices with the DOL," said Cole Johnson, president of Paul Johnson Drywall. "Our crews allow us to deliver clients unparalleled on-time delivery in the safest manner and as a result of these high expectations, we consistently pay our crews the highest wages. We're excited to be taking our business, as well as our trade and related industry, to the next level."
New president for Eurogypsum
Written by Global Gypsum staff
22 May 2014
Belgium: During its General Assembly held in Brussels, Belgium on 21 May 2014, Eurogypsum elected the president of Saint-Gobain Gypsum Claude-Alain Tardy as president of Eurogypsum for the period of 2014 - 2016. Tardy succeeds Dott Maurizio Casalini, managing director of Knauf Italy, on the expiry of his statutory term of office.
Tardy is a civil engineer graduate of the École Centrale de Paris. He also has an MS in Industrial Engineering & Engineering Management from the University of Stanford, US. Tardy joined Saint-Gobain in 1981 and between 2005 and 2009 he was chief operating officer of Saint-Gobain Insulation, before being appointed as president of Saint-Gobain Gypsum in 2009.
"I am convinced that wallboard and plaster solutions will play a growing role in the future," said Tardy. "The unique attributes of our products; recyclability, ease of installation, fire resistance, acoustics and thermal properties make our systems inescapable for the construction and renovation of buildings. During my presidency I will concentrate my efforts on the promotion of gypsum industry solutions as the best option to create safe and comfortable interior spaces."