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Weig-Karton highlights driven by care marketing campaign
Written by Global Gypsum staff
21 August 2017
Germany: Weig-Karton has started its 'Driven by care' marketing campaign to reposition itself ahead of the 17th Global Gypsum Conference taking place in Poland in October 2017. The initiative originated as part of a process to engage with responsibility concepts for business partners, employees as well as the environment and wider society. It connects to the company's Uniplac plasterboard liner product line and its security of supply. The campaign will be represented by a visual of a globe in the form of two clasped hands.
"As a family-managed company, our thinking and actions are based on dependability, independence and a long-term view. That's why we, as a company group, stand for diligence, reliability and 'taking care of things,' said Michael Balzer, Sales Director at Weig-Karton.
The subsidiary of Weig Group produces its Uniplac line at plants in Germany and Paraguay. Both sites use their own supply of raw material with recycled waste paper.
GMS purchases ASI Building Products
Written by Global Gypsum staff
08 August 2017
US: Gypsum Management & Supply, Inc. (GMS), a distributor of gypsum wallboard, suspended ceiling systems and interior construction products, has acquired ASI Building Products, LLC, a provider of ceilings and building products. Both the companies are based in the US. Following the transaction, ASI Building Products majority owner and industry veteran Dave Mayer, along with the entire ASI team, will continue on with GMS going forward.
The acquisition will allow GMS to expand its presence in Michigan, with a portfolio of quality products and reinforces its commitment to customer service.
Reconstruction helps Eternit in Peru
Written by Global Gypsum staff
08 August 2017
Peru: The local arm of global building materials manufacturer Eternit has recorded a 39% increase in sales in Peru during the first half of 2017 due to greater sales volumes in many of the company's main lines. This includes gypsum wallboard sales and sales of temporary housing modules to the Peruvian State as part of the government's reconstruction of areas damaged by floods in March 2017. While high prices of plaster and fibreglass benefitted the firm in the first half, Eternit expects prices to fall during the second half of 2017.
ACG Materials buys Diamond Gypsum
Written by Global Gypsum staff
01 August 2017
US: ACG Materials has acquired Diamond Gypsum, a miner of gypsum products that are sold into various oil and gas, infrastructure and agricultural applications. The company owns and operates a quarry in central Oklahoma. No value for the transaction has been disclosed.
"We are excited to further strengthen our position as the leading industrial mineral and aggregate producer in the Midwest," said Paul Harrington, Chief Executive Officer (CEO) of ACG Materials. He added that the acquisition expands ACG Materials' presence in the Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) shale basin.
ACG Materials, a subsidiary of HIG Capital, is based in Norman, Oklahoma. It mines, mills, processes, and distributes industrial minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel and downstream food, pharmaceutical and plaster products.
Eagle Materials grows wallboard revenue
Written by Global Gypsum staff
28 July 2017
US: Eagle Materials' revenue has risen by 23% year-on-year to US$366.1m in the first quarter of its 2018 fiscal year, which runs 1 April – 30 June 2017. Its first quarter earnings before interest and income taxes increased by 22%, reflecting improved sales volumes and net sales prices across nearly all businesses.
Eagle Materials' Gypsum Wallboard and Paperboard revenues for the first quarter totalled US$154m, 9% higher year-on-year. The average gypsum wallboard net sales price in the quarter rose by 10% to US$1711/Mm2 (US$159/MSF). Gypsum wallboard sales volumes rose by 11% to 60Mm2 (654MMSF). Paperboard sales volumes fell by 5% to 79,000t, reflecting the timing of third-party purchases. The average paperboard net sales price rose by 10% to US$550/t.
Gypsum wallboard and paperboard reported first quarter operating earnings fell by 4% to US$48.8m. The earnings decline primarily reflected increased operating costs at Eagle Materials' paper mill due to the timing of its annual maintenance outage and higher recycled fibre costs, partially offset by improved wallboard sales volumes and sales prices.