Gypsum industry news
National Cement to add a new gypsum wallboard production line 06 November 2015
Egypt: National Cement plans to add a new gypsum wallboard production line for US$1.24m, according to the company's Chairman. It has also decided to resume operations at its brick factory.
USG Boral starts local gypsum wallboard production 06 November 2015
Oman: USG Boral Middle East has started manufacturing its Sheetrock wallboard brand and wall solutions at its production unit in Salalah, Oman.
The local production will cater to its customers in the Gulf and the wider Middle East region. USG Boral Zawawi Drywall is the first to produce the Sheetrock brand in the Gulf Cooperation Council (GCC).
"Here in the Gulf region and around the world, our focus is on delivering innovation that helps our customers work smarter, do more and build better projects," said Fares Saghbini, the Managing Director at USG Boral Middle East. "That is exactly what the launch of our locally-produced Sheetrock brand wallboard products in the GCC enables us to do. We are delighted to bring our manufacturing facility and premium products closer to our customers without compromising on quality, dependability and, most importantly, the safety standards upon which Sheetrock's reputation has been built."
USG's Sheetrock production line in Oman has been fully certified by UL to produce fire rated products and will continue to undergo quarterly inspections according to UL's standards testing for quality, uniformity and safety including fire resistance.
US: Continental Building Products' net sales fell to US$108m in the third quarter of 2015 from US$114m in the same period of 2014. Its adjusted earnings before interest, taxes, depreciation and amortisation was flat at US$33.7m. Wallboard sales fell by 3.9% year-on-year to 590Mm2, while the average sales price fell by 0.7%, mainly due to the weaker Canadian Dollar and regional sales mix. Gross profit grew by 7.2% year-on-year to US$30m, primarily as a result of strict cost controls and favourable energy costs. Operating income fell to US$11.1m from US$20.2m in the same quarter of 2014.