![](/templates/proglobalmedia-main/images/globe-blue-whitebg.gif)
Gypsum industry news
Search Gypsum News
Out West Drywall donates gypsum wallboard for Habitat for Humanity housing development in Montrose
Written by Global Gypsum staff
09 May 2024
US: Out West Drywall is among building materials producers that have donated their products to non-profit organisation Habitat for Humanity’s latest affordable housing development in Montrose, Colorado. Local press has reported that the producer donated its gypsum wallboard for use in the development. Habitat for Humanity uses the economic process of shared appreciation to give its homeowners 5% composite annual growth in the equity value of their new homes over 20 years. Its goal is to raise living standards by increasing access to housing.
Brazilian Geological Service to auction gypsum mine sites in Pará
Written by Global Gypsum staff
09 May 2024
Brazil: The Brazilian Geological Service (SGB) has announced its upcoming auctioning of gypsum mining sites in Pará. Business News Americas has reported that lots include the Calcário Aveiro site and the Gipsita Rio Cupari site. Altogether, prospective buyers can bid on 2890 hectares of gypsum reserves.
Saint-Gobain Romania to use 100% renewable energy from 2026
Written by Global Gypsum staff
03 May 2024
Romania: Saint-Gobain Romania has signed a 5-year renewable power purchase agreement (PPA) with OMV PetRom. Under the PPA, OMV PetRom will provide power from wind and solar power plants to Saint-Gobain Romania, beginning in January 2026. Total energy supplied under the contract will be 800GWh. This will cover 100% of the producer’s electricity consumption.
Saint-Gobain publishes first-quarter 2024 results
Written by Global Gypsum staff
29 April 2024
France: Saint-Gobain recorded €11.4bn in sales in the first quarter of 2024, down by 8% year-on-year compared to first-quarter 2023 levels. Group sales volumes fell by 4.7%, partly due to a 1.5% negative working day effect. Meanwhile, a negative group structure effect reflects on-going optimisation. New acquisitions during the first quarter of 2024 included Australia-based building materials producer and land banking entity CSR.
Saint-Gobain’s sales dropped by 10% in Europe, the Middle East and Africa, but grew by 6% in the Americas, where the group noted a ‘dynamic’ renovations market. Its sales also grew, by 4.5%, with ‘strong momentum’ in India. In Saint-Gobain’s High Performance Solutions business, sales declined by 5.4% year-on-year. The business’ sales to construction customers fell by 6.7% amid a decline in new project starts in Europe.
Saint-Gobain forecast resilience in the remainder of 2024, through its focused strategy and proactive commercial and industrial initiatives. It expects new construction to end its decline in Europe and all segments to ‘hold firm’ or recover in the Americas.
Knauf to transfer Russian business to local management
Written by Global Gypsum staff
26 April 2024
Russia: Knauf is seeking to transfer its ‘entire business in Russia’ to its local management, pending the approval of Russian authorities. The Kyiv Independent newspaper has reported that Knauf elected for the transfer in order to protect the jobs of 4000 employees in the country.