Gypsum industry news

France: Saint-Gobain reported sales of €23.5bn in the first half of 2024, down by 6% year-on-year from €25.0bn in the same period in 2023. The group reduced its capital expenditure by 5% to €583m. €255m (47%) of this was invested in new capacity, down by 7%. Group earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 2% to €3.65bn from €3.74bn. During the reporting period, Saint-Gobain accelerated efforts to reinforce its profitable growth profile with acquisitions in the light and sustainable building materials segments in Australia, Canada, India and the Middle East. Saint-Gobain said that it exceeded 67% of operating income being generated in “high-growth geographies,” namely North America, Asia and emerging countries. It now expects “double-digit” operating margins in 2024, for the fourth consecutive full year.

Chair and CEO Benoit Bazin said "Our first-half results once again demonstrate the success of Saint-Gobain's new profile, reflecting the group's ability to adapt to different macroeconomic environments and to continue to outperform. The roll-out of our comprehensive range of sustainable and innovative solutions and the resulting enhancement in our mix, together with our decentralised organisation by country with accountability on commercial performance and on proactive cost management, have enabled us to deliver a new record operating margin and strong free cash flow generation. I am very grateful for our teams' dedication and their contribution to the group's consistent improvement in its performance."

Romania: Saint-Gobain Romania has inaugurated a new line at its Turda gypsum wallboard plant in Cluj County. Romania-Insider News has reported that the line cost €50m. The company had previously announced anticipated total investments €45m. All gypsum wallboard produced in the line will come with environmental product declarations (EPDs). Saint-Gobain Romania will employ an additional 100 people to work on the line, raising its total number of employees by 5% to 2000 people across 14 sites.

Saint-Gobain Romania CEO Ovidiu Pascutiu said "This new line, operating at optimal parameters, marks a significant step towards enhancing our production efficiency and expanding our product range to better serve our growing customer base."

Bolivia: The Port Services Administration (ASP) despatched a 3000t pilot shipment of gypsum to Paraguay on 23 July 2024. The gypsum, from Cochabamba, was loaded onto three river barges for transport via the River Paraguay from Puerto Busch in Santa Cruz. Local press has reported that ASP used 200t/hr conveyor belts for loading.

General manager Dante Justiniano said "This milestone not only represents a significant advance in the area of infrastructure and national logistics, but also fulfils the mandate of our President Luis Arce, which aims to establish a port that enhances foreign trade and strengthens import and export, with access to the Atlantic Ocean.”

India: Rajasthan State Mines and Minerals has issued a tender for contracts to mine gypsum at multiple sites in Rajasthan. The sites in question are the Baller, Bharu, Dehariya and Kishanpura-2 mines in Bikaner District and the Siyar Ko Koshita mine in Sanchore District. Bidders for the Baller and Dehariya sites must have recorded recent annual sales of at least US$717,000, while those for the other sites must have recorded recent annual sales above US$358,000.

Iran: The government of Hormozgan province invested US$455,000 in surveys for gypsum and other minerals in the first quarter of the 2025 financial year. Trend News has reported that Hormozgan Province presently boasts 300 mines.