Somaliland: GMT Minerals is looking to develop 'undoubtedly one of the largest' gypsum deposits in the world. Located in Berbera, Somaliland, the deposit is exposed for many miles, and extends for approximately five miles to the south of Berbera. It is between nine to 14 miles of a nearby port. The deposit is known to contain many millions of tons of good grade gypsum and anhydrite. It is thought that there are over 13Mt of greater than 90% pure gypsum and a further 9Mt of greater than 85% pure gypsum.

GMT Minerals is intending to establish a new front-end gypsum processing and handling facility near the deposit. The new front-end gypsum processing facility at Berbera will process about 2Mt/yr of gypsum and produce a homogenised, 50mm product that is suitable for pulverisation and calcination prior to use in board production.

France: Sales across the whole of the Saint-Gobain group in the first quarter of 2011 came to Euro9.799bn, an increase of 12.2% year-on-year. Organic growth of 8.8% was seen in France across all operations and in western Europe (excluding France) the figure was 10.2%. The figures for North America and emerging markets (Asia, eastern Europe and Latin America) were 4.2% and 15.6% respectively.

In the Construction Products division, which includes gypusm wallboard and insulation, sales were up by 6.4% to Euro2.658bn. Saint-Gobain attributed the increases to improved trading conditions across the whole of Europe and continuing strong momentum in Asian markets. The results were tempered by poor trading conditions in the US.

The group's sub-section Interior Solutions grew by 8.4% year-on-year, primarily due to an upturn in western Europe and more favourable winter weather conditions than 2010 that allowed more construction work to take place.

Saint-Gobain's targets for the remainder of 2011 are to have double-digit operating growth across all operations and achieve Euro1.3bn free cash flow after spending Euro500m on capital expenditure.

Uzbekistan: Germany's Knauf International GmbH (Knauf) has completed the construction of a 20MM²/yr wallboard production plant in Uzbekistan. The project, worth US$48m, was funded through a direct investment from Knauf. The contractor for the construction project was German Samo Engineering.

KnaufGipsBuhara, a wholly-owned subsidiary of Knauf International GmbH, will manage the plant. Following the full commissioning of the new production facilities, the wallboard production capacity in Uzbekistan will be doubled to 40MM²/yr, with demand closer to 60MM²/yr.

France: Lafarge has chosen a handful of bids, including those of investment funds Cinven and Bain Capital, for its plaster unit Lafarge Gypsum, from at least 10 different offers. Belgian building material group Etex is also reportedly still in the race, while Advent, Carlyle and TPG have been ruled out.

Other offers were reportedly made by Kohlberg Kravis Roberts & Co. Eagle Materials Inc., USG Corp and Saudi Arabia's National Gypsum Company. The bids are around Euro900m on average.

Lafarge Gypsum's operating profit jumped 80% on the year in the first quarter to Euro18m, while its sales rose by 9% to Euro375m. The US activity, however, struggled with a loss in 2010. It is not known whether or not the assets will be split up geographically, as had previously been suggested.