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Gypsum Resources Australia joins lobbying to protect Glebe Island port
Written by Global Gypsum staff
26 February 2025
Australia: Gypsum supplier Gypsum Resources Australia has joined 24 other organisations in calling on the state government of New South Wales to reconsider a planned relocation of Sydney Harbour’s last working port from Glebe Island in Sydney Harbour to the city of Newcastle, 150km away. The company said that such a move might have ‘severe’ economic repercussions due to increased freight costs and supply chain delays for the Sydney market.
Gypsum Resources Australia General Manager Alistair Kelsh said “We need clarity and certainty for the future, so that we can continue to support Sydney’s construction needs. Shifting Glebe Island port facilities will not just see building projects cost more for consumers and the government, but lead to thousands of extra truck movements on Sydney’s roads.”
US calcined gypsum price more than doubles decade-on-decade
Written by Global Gypsum staff
26 February 2025
US: National calcined gypsum prices were US$63/t in 2024, up by 5% year-on-year, Statista has reported. The figure more than doubled decade-on-decade from US$27/t in 2014.
Fletcher Building publishes first-half 2025 financial year results
Written by Global Gypsum staff
19 February 2025
New Zealand: Fletcher Building has reported its financial results for the first half of its 2025 financial year, which began on 1 July 2024. The group recorded sales of US$2.05bn, down by 7% year-on-year from US$2.21bn, and negative earnings before interest and taxation (EBIT) at a loss of US$14.9m. It previously recorded a positive EBIT of US$44.1m in the corresponding first half of its 2024 financial year.
Sales in its Building Products division, which includes Winstone Wallboards, fell by 5% to US$380m, with EBIT of US$35.5m. Light building products contributed EBIT of US$32.6m. Winstone Wallboards retained its ‘strong’ market position, despite a recessionary environment, and successfully brought its new Tauranga gypsum wallboard plant to targeted performance efficiency.
Almería exports €544m-worth of gypsum and limestone in 2024
Written by Global Gypsum staff
19 February 2025
Spain: The province of Almería in Andalusia exported €544m-worth of gypsum and limestone in 2024, 10% of its total exports by value. Ideal Online News has reported that this represents a year-on-year drop in exports of the products of 9%.
Regional delegate for Economy, Finance, EU Funds and Industry, Energy and Mining Guillermo Casquet said “Almería continues to strengthen its international position, registering growth in regular exporting companies and maintaining a strong balance of trade.”
Global gypsum wallboard market to grow to US$160bn in 2032
Written by Global Gypsum staff
19 February 2025
India: New market research by SkyQuest Technology Group has shown that the value of the global gypsum wallboard market will be US$160bn in 2032, higher than forecasts published by other researchers to date in 2025. The figure corresponds to a composite annual growth rate of 12%, from US$56.6bn in 2024.