Gypsum industry news
Saint-Gobain to acquire GCP Applied Technologies
06 December 2021US: Saint-Gobain has agreed to buy construction chemicals producer GCP Applied Technologies. Reuters News has reported that the move continues Saint-Gobain’s industrial diversification, as it also seeks to maximise its growth opportunities from the US’s on-going infrastructure overhaul. Saint-Gobain expects to conclude the deal by 2023 and will finance the acquisition through cash on its balance sheet.
Chief executive officer Benoit Bazin said “After the successful acquisition of Chryso, GCP is the logical next step to expand Saint-Gobain's presence in admixtures and additives, which provide key solutions to de-carbonise the construction industry.” He added “This acquisition is a decisive step in establishing Saint-Gobain's leading position worldwide in construction chemicals, with total sales of more than US$4.51bn [combined], up from US$3.39bn.”
TORXX Kinetic Pulverizer launches subsidiary called TORXX Kinetic
06 December 2021US: Canada-based Building materials recycling equipment supplier TORXX Kinetic Pulverizer has launched TORXX Kinetic, a new wholly owned subsidiary. The company’s headquarters are in Chattanooga, Tennessee. TORXX Kinetic Pulverizer chose the location in order to be closer to its customer base.
Vice president Terri Ward said that in 2021 “Covid-19 pandemic-related travel restrictions hindered growth, with our North American headquarters in Canada and most of our customers and new opportunities in the US.” Ward continued “We are maintaining a presence in Toronto with engineering and service resources. However, key personnel and new hires are now in the US, making it much easier to collaborate and respond to customer needs. We were attracted to the Scenic City because of its favourable manufacturing and transportation resources, proximity to our customers, and its appeal to our valued employees.”
TORXX Kinetic Pulverizer’s kinetic pulveriser is a waste processing technology which relies on aerodynamics and matter-on-matter collisions for particle size reduction. Vortices agitate feedstock, causing more brittle material to shatter while less brittle material remains larger. This size differential facilitates the liberation and mechanical separation of contaminants.
GMS increases first-half sales, earnings and profit in 2021
03 December 2021US: GMS’s consolidates sales were US$2.19bn in the first half of 2021, up by 36% year-on-year from US$1.62bn in the first half of 2020. Its gypsum wallboard sales constituted 37% of its total sales at US$805m, up by 22% from US$659m. The company’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 70% to US$265m from US$156m, while its gross profit rose by 35% to US$708m from US$526m.
President and chief executive officer John Turner said “Net sales again topped US$1bn, with record levels of net income and adjusted EBITDA. Supply chain dynamics have led to all-time high levels of product inflation, which have been the principal driver of both sales growth and incremental profitability. He added “That said, our relentless focus on customer service and the solid execution of our strategic priorities have enabled us to capture the benefits of both this heightened product inflation across our portfolio as well as continued strength in the residential market.”
Turner concluded “While commercial activity remains well below pre-Covid levels, we were pleased to see certain commercial projects that were previously on hold receive approvals to move forward. With other positive signs also emerging, we believe that we are very well positioned as we head into the next calendar year to benefit from an eventual commercial construction recovery.”
Saint-Gobain plans US$400m investment in US expansions
11 November 2021US: Saint-Gobain plans to invest a total of US$400m in expansions to its operations including gypsum operations at four US sites. The group says that the sites are located in California and the Southeastern US. It said that the new capacities will apply the most advanced available technologies for industrial performance, safety and sustainability. This will reduce waste by 50% and CO2 emissions by 20% from current levels, according to the company.
Saint-Gobain said it hopes that the investments will strengthen its leadership in North America and accelerate its growth in the region by enriching its comprehensive range of solutions for light and sustainable construction.
US: Eagle Materials’ consolidated sales were US$985m in the first half of the 2022 financial year, up by 13% year-on-year from US$875m in the first half of the 2021 financial year. Its gross profit rose by 25% to US$282m from US$225m. The group recorded gypsum wallboard sales of US$339m, up by 30% from US$261m in 2020.
DeSoto County government to ban phosphogypsum stacks
28 October 2021US: The government of DeSoto County in Mississippi has approved new rules banning the establishment of new phosphogypsum stacks in the county. The Port North Sun newspaper has reported that county commissioners unanimously approved the ordinance at a meeting on 26 October 2021.
Phosphate and potash producer Mosaic owns 9310ha of the county’s land area, of which it is seeking mining licences to cover 5670ha.
Commissioner Elton Langford described the ban as ‘preventative.’ According to the county’s Public Information Office, there were no pending gypsum stack licence applications in DeSoto County on 26 October 2021.
US: Cameron Ashley Building Products has opened its new Denver, Colorado, distribution centre, which will stock gypsum wallboard.
Manager Chase White said “I’m excited to join the Cameron Ashley team in the Denver market.” He added “We’re ready to hit the ground running, providing top quality products to a new group of customers.”
American Gypsum receives licence for Eagle County gypsum mine expansion
27 September 2021US: American Gypsum has received a licence from the Eagle County Board of Commissioners for the expansion of its 336ha Eagle County opencast gypsum mine near Gypsum, Colorado by 12% to 376ha. The Vail Daily newspaper has reported that the expansion will secure the company’s nearby gypsum wallboard plant’s raw material supply until 2046.
Plant manager Chuck Zaruba said “As the state continues to grow, we are an essential product for that to occur.” He added that the producer’s local operations provide more than 100 year-round jobs.
CertainTeed announces upcoming Jacksonville gypsum logistics facility
22 September 2021US: CertainTeed plans to establish a new gypsum logistics facility in Jacksonville, Florida. The Saint-Gobain subsidiary plans to integrate a terminal dock operation on the St Johns River with environmental restoration of the riverside at an additional cost of US$70m. The site previously belonged to Kerr-McGee Chemical Corporation until 1978.Construction is due to begin in 2022 and reach completion before 2025. Once operational, the dock will be equipped with a bulkhead, a conveyor, an unloading ramp, truck staging areas and a small office. The site will employ an estimated 32 people.
Vice president and general managerJay Bachmann “We are deeply grateful to the City of Jacksonville for their support of our new logistics facility on the St Johns River, and we look forward to continuing our partnership with Greenfield to ensure the responsible stewardship of this Superfund site.” He added “This project will return a heavily contaminated Superfund site to productive use, creating dozens of full-time jobs and strengthening our company’s ability to serve our customers.”
US Geological Survey publishes first-half gypsum and gypsum wallboard production and export data
21 September 2021US: The US Geological Survey (USGS) has reported a 13% year-on-year increase in national calcined gypsum production in the first half of 2021 to 9.57Mt from 8.5Mt in the first half of 2020. The country’s gypsum mines produced 10.1Mt of natural gypsum, down by 3.8% from 10.48Mt in 2021. Synthetic gypsum production remained in line with first-half 2020 levels at 7.2Mt. In total, the US exported 17,900t of natural and synthetic gypsum, up by 8.2% from 16,600t. It exported 49,000t of calcined gypsum, up by 10% from 44,500t.
In the second quarter of 2021, the US exported gypsum wallboard to 29 other countries. Volumes totalled 19Mm2, up by 40% year-on-year. Canada accounted for 95% of gypsum wallboard exports. The US imported 20.9Mm2 of gypsum wallboard during the quarter, up by 54% year-on-year. All imports came from Mexico and Canada, of which Mexico supplied 16.7Mm2 (85%).