Gypsum industry news
Saint-Gobain may acquire CSR for US$5.44bn
23 February 2024Australia: France-based Saint-Gobain has submitted a non-binding indicative offer of US$5.44bn for building materials producer and land banking entity CSR. CSR’s businesses include insulation producer Bradford, fibre cement systems producer Cemintel, wallboard producer Gyprock, autoclaved aerated concrete (AAC) block producer Hebel and roofing producer Monier. Together, CSR’s building materials units accounted for 72% of its sales in 2023.
Gyprock holds prices in response to coronavirus
06 April 2020Australia: Gypsum wallboard product manufacturer Gyprock has decided to put on hold a planned price increase due to start in June 2020 in response to the coronavirus outbreak. It said that it was doing everything it could to make it sites safe for customers and staff and that its plants, warehouses and trade stores remained open.
CSR Gyprock agrees gas deal with Senex Energy
25 April 2019Australia: Senex Energy has agreed a deal with CSR Gyprock to supply natural gas to its gypsum wallboard plant at Coopers Plains in Queensland. The agreement also covers gas supplies to CSR’s brick and insulation plants in the state. Under the initial three-year agreement, Senex will supply CSR Building Products, a subsidiary of CSR, with 0.65PJ/yr of gas, starting on 1 January 2020. CSR can extend the agreement by up to a further two years, taking the total contract quantity to 3.25PJ. Gas will be supplied at the Wallumbilla Gas Hub in Queensland at a fixed price in line with current market levels, indexed annually.