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Fassa Bortolo to build Euro90m gypsum wallboard plant in Castile-La Mancha
Written by Global Gypsum staff
17 March 2023
Spain: Italy-based Fassa Bortolo has announced plans for its upcoming Tarancón gypsum wallboard plant in Cuenca, Castile-La Mancha. The producer says that it plans to invest Euro90m in the project. Local press has reported that the company plans to hire 200 new employees to work at the plant.
Etex increases sales and earnings in 2022
Written by Global Gypsum staff
17 March 2023
Belgium: Etex's sales were Euro3.74bn in 2022, up by 25% year-on-year from 2021 levels. Its building performance division, which includes gypsum wallboard, recorded revenues of Euro2.43m, 65% of the group total. Etex said that the division’s market positions and results 'evolved positively,' and 'demonstrated leadership' in the face of raw materials price rises. The group's recurring earnings before interest, taxation, depreciation and amortisation (REBITDA) totalled Euro645m, up by 13%.
During the year, Etex's Romania-based subsidiary Siniat commissioned its new Euro1m gypsum drying and micronisation plant at its Aghiresu gypsum wallboard plant in Cluj. The market yielded turnover growth of 17% year-on-year for Siniat, to Euro72.5m
Etex recycled 54% more gypsum than in 2018 across its operations, making it 'the most advanced gypsum recycler in Europe,' according to the company. Its absolute CO2 emissions fell by 20% over the same period.
Saint-Gobain Rigips' merger with Dalsan Alçi cleared to proceed
Written by Global Gypsum staff
17 March 2023
Türkiye: Competition authorities have approved France-based Saint-Gobain's merger of its Türkiye-based subsidiary Saint-Gobain Rigips with Dalsan Alçi. Regulatory News has reported that the companies have a combined gypsum wallboard capacity of 100Mm2/yr and sales of Euro160m. Dalsan Alçi is currently in the process of acquiring fellow producer Manisa Turgutlu.
Eco Baltia to build construction waste sorting line in Lithuania
Written by Global Gypsum staff
17 March 2023
Lithuania: Eco Baltia plans to invest Euro700,000 in the establishment of a new construction waste sorting line in Lithuania. Nordic Daily News has reported that this will enable the company to improve its material recovery rate to 82% from 60%. Supplier Ecoservice will supply the automated line, which can handle waste gypsum wallboard alongside other materials.
Eco Baltia's head of environmental management Jānis Aizbalts said "Considering the increasing volume of construction waste and the need to ensure their reuse, we are purposefully developing construction waste sorting possibilities and new technological solutions. Ecoservice has already completed a modernisation project for the existing construction waste sorting area, installing new and more efficient equipment that will double the company's construction waste sorting capacity."
Xeriant partners with TMF Corporation for NEXBOARD recycled plastic board production
Written by Global Gypsum staff
10 March 2023
US: Advanced materials producer Xeriant plans to enter trial production of its recycled plastic-based gypsum wallboard alternative, NEXBOARD. Plastic products company TMF Corporation will support production by agglomerating post-industrial plastic waste and densifying it, along with different eco-friendly flame retardants, for use as feedstock.