US: Mexico-based Cemex has entered into an agreement to acquire stucco producer Omega Products International. The company generated US$23m in operating cash flow in 2025. Cemex expects to close the transaction later in March 2026.

Oman: A joint venture of Kunooz Oman Holding and Belgium-based Etex plans to build a new US$26m gypsum wallboard plant, The Oman Daily Observer newspaper has reported. Additionally, the partners announced that Etex has acquired a 25% stake in Kunooz Oman Holding subsidiary Kunooz Gypsum. Kunooz Gypsum operates the 2.3Mt/yr-capacity Salalah gypsum mine in Dhofar.

Kunooz Oman Holding said “The joint venture will be supported by long-term gypsum supply agreements serving both local production and international export markets. Aligned with Oman Vision 2040, the partnership will drive downstream value creation, industrial diversification and employment, while positioning Oman as a regional hub for high-value gypsum products.”

The new joint venture is owned 51% by Etex and 49% by Kunooz Oman Holding. Kunooz Oman Holding is in turn 20% owned by Omani state investment vehicle Minerals Development Oman.

India: Prism Johnson subsidiary Prism Cement has launched Prism Chakachak gypsum plaster. The company says that the product requires no water curing and offers fire resistance and low shrinkage. Prism Cement’s 2400-strong stockist network will distribute the product as part of its Premix Walling range.

Chile/Peru: Knauf has appointed Carlos Kattan as CEO for Chile and Peru, following the departure of Víctor Ide. Noticias Financieras News has reported that Kattan will advance strategic projects in both markets, including the US$102m construction of the 22Mm2/yr Puente Alto gypsum wallboard plant and Rubí quarry in San José de Maipo, Chile.

Carlos Kattan previously served as Knauf’s Central America Regional Manager and as General Manager of Knauf Honduras. He studied Industrial Distribution and Logistics, Business Administration and Management at East Carolina University, US.