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NuGyp Corp invite bids for purchase of patents and intellectual property
Written by Global Gypsum staff
20 May 2016
Canada: The directors of the NuGyp Corporation are inviting sealed bids for the purchase of the patents and the intellectual property of the NuGyp process. The NuGyp process is a technique for reducing the water demand of beta plaster. Patents have been granted in 27 countries to date and further applications are pending to cover all major markets in the world. The deadline for the bidding process is 1 August 2016.
The process has been operated at up to 72t/hr in a plant running two plasterboard lines. Another installation is set to come on-stream soon. Two multi-plant companies are also interested in the technology. The technology is developed and ready for commercial use by a company that can provide full calcination technology to the industry.
NuGyp was formed in 2008 by Bob Bruce, Gary Murray and Charlie Blow to develop and commercialise new technologies related to the production of low water demand hemihydrate plaster for use in the gypsum industry. The NuGyp process has patents granted or pending in over 70 countries worldwide and covers all major gypsum producing territories.
Gypsum Management and Supply buys Wall & Ceiling Supply
Written by Global Cement staff
12 May 2016
US: Gypsum Management and Supply (GMS) has acquired Wall & Ceiling Supply Company, a Seattle-based distributor of wallboard and construction products for residential and commercial applications. The company will continue to operate under the name Wall & Ceiling and the management team will remain intact.
Continental Building Products net sales rise by 21% to US$111m in first quarter of 2016
Written by Global Gypsum staff
12 May 2016
US: Continental Building Products' net sales have rise by 21% year-on-year to US$111m in the first quarter for 2016 from US$92m in the same period in 2015. Its wallboard sales volumes have grown by 32% to 57Mm2 from 44Mm2.
"Our wallboard volumes in the first quarter increased substantially from prior year due to strong underlying demand, favourable weather speeding up completion of projects, and pre-buy activity in advance of the April 1 price increase," said Jay Bachmann, Continental's chief executive officer.
Rose Petroleum secures Euro1m to pursue gypsum-related opportunities in Cuba
Written by Global Cement staff
06 May 2016
Cuba: Rose Petroleum has targeted Euro1m towards developing opportunities to process and manufacture gypsum and associated building materials. The natural resources company said in a statement that it was in direct discussions with a government-owned gypsum company and the relevant ministries regarding a potential transaction. No terms or specific timing of any transaction have been agreed.
"The Cuba project is a very exciting development for Rose which we believe could deliver significant value in the short term, in isolation of the oil price environment," said Matthew Idiens, chief executive officer. "It is worth noting that, at present, there is no domestic supply or production of gypsum panels or wallboard for the construction of internal walls and providing domestic sources is naturally very important for Cuba and its development."
The opportunity was introduced to Rose Petroleum by Earth Source Investment, who had made initial contacts with the Cuban government, in return for shares in Rose Petroleum and non-executive board seats should the deal compete successfully.
Chinese ministry of justice returns US lawsuit on defective gypsum wallboard
Written by Global Gypsum staff
25 April 2016
China: The Ministry of Justice has returned a lawsuit in which thousands of US homeowners say a 'cabinet-level' agency should pay for damage to their homes from alleged defective wallboard made in China. The ministry says it won't serve the legal papers because the agency is immune to such lawsuits and the legal service would infringe upon China's sovereignty.
US District Judge Eldon Fallon has ruled that Taishan Gypsum Company must pay for damages from the wallboard it made. The judge is considering damages for up to 4000 homeowners in six states. The brief letter from Beijing became part of the court record this week, about 21 months after lawyers for the homeowners sued the state-owned Assets Supervision and Administration Commission, which oversees 117 state-owned companies. It was dated 8 April 2016.
Fallon ruled in 2010 that Taishan's wallboard emitted sulphur gas that damaged the homes of seven 'bellwether' plaintiffs from Virginia, making occupants ill, corroding copper, silver and other metals, damaging appliances and electronics, and stinking up the houses so they were "hard if not impossible to live in." The other states involved in the lawsuit include Alabama, Florida, Louisiana, Mississippi and Texas, according to Associated Press.