Gypsum industry news
Kazupak Trade opens gypsum plant in Kazakhstan 26 January 2017
Kazakhstan: Kazupak Trade has released information about the construction of its 500t/day gypsum plant in Taraz. Construction work at the site started in 2015 and it was commissioned in October 2016. Equipment for the plant was bought from Turkey's Erişim Makina. The plant started full operation in November 2016. The gypsum producer intends to build a second production line within the next 10 years. It sells gypsum under the brand 'Kazgyps.'
Eagle Materials revenue up by 5% to US$933m in first nine months of 2017 financial year 26 January 2017
US: Eagle Materials revenue has risen by 5% year-on-year to US$933m in the first nine months of its financial year to 31 March 2017 from US$891m in the same period in the previous year. Its net earnings rose by 43% to US$162m from US$113m. Sales from its cement division rose by 7% to US$359m from US$335m. However, sales volumes fell slightly to 3.89Mt. Sales from its gypsum wallboard and paperboard division grew by 7% to US$440m from US$411m. Sales volumes of gypsum wallboard rose by 7% to 175Mm2 from 164Mm2.