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Winstone Wallboard reassures market about GIB plasterboard supply
Written by Global Gypsum staff
12 April 2022
New Zealand: David Thomas, the manager of Winstone Wallboard, has reassured the local market that the company is doing as much as it can to maximise supply of its GIB plasterboard brand despite ongoing shortages. He said that the gypsum wallboard producer is operating its Auckland and Christchurch at ‘record’ levels and considering ways to bring forward the manufacture of wallboard at its new plant in Tauranga, which is currently under construction.
He also added that the company is preparing for an allocation process from July 2022 that was previously announced in February 2022. It has provided merchants with the monthly volumes of plasterboard it is forecasting to supply them from July to September 2022. The allocation model is planned as a temporary measure until the completion of the new plant at Tauranga in June 2023. He also asked for the construction sector to working together to schedule delivery of wallboard as close as possible to when it will be installed to further minimise shortages.
BGC starts second attempt to sell company
Written by Global Gypsum staff
12 April 2022
Australia: BGC has started a second attempt to sell the company and has appointed Macquarie Capital to run the process. An indicative bidding round is planned for June 2022, according to the Australian Financial Review newspaper. The process is expected to take up to one year. BGC previously tried to find a buyer in 2018 but legal issues following the death of the company founder Len Buckeridge and a slowdown in the construction market in Western Australia made this difficult.
The company is presenting itself as a major presence in the West Australia cement market, with a 47% share, and the only organisation with a vertically integrated quarry, cement and concrete business. Macquarie Capital says that the company has an annual revenue of around US$740m and earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$74m. Group earnings are reportedly mostly generated by heavy building materials, brick and masonry divisions. BGC assets include a cement grinding plant, concrete plants and a gypsum wallboard plant in Perth.
ETEX boosts sales and earnings in 2021
Written by Global Gypsum staff
04 April 2022
Belgium: ETEX recorded consolidated net sales of Euro2.97bn in 2021, up by 14% year-on-year from Euro2.62bn in 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 12% to Euro522m from Euro468m, while its profit for the year dropped by 1.4% to Euro198m from Euro201m. The group’s building performance recorded like-for-like sales growth of 21% from 2020 levels and of 15% from 2019 levels. Its gypsum wallboard volumes grew year-on-year, while strong demand in all regions except South Africa impacted some export businesses through supply chain issues and increased shipping costs. The company adapted its prices to offset a sharp rise in raw material and energy cost prices.
During the year, ETEX acquired a top-three Australian gypsum wallboard producer and completed its rebranding as Siniat. It also diversified with the launch of a fourth group division, new ways, which includes light steel framing production operations.
BNBM’s income grows by 25% to US$3.33bn in 2021
Written by Global Gypsum staff
31 March 2022
China: BNBM’s operating income grew by 25% to US$3.33bn in 2021 from US$2.66bn in 2020. Its net profit rose by 23% to US$554m from US$451m. Its production and sales volumes of gypsum wallboard increased by 19% to 2.43Bnm2 and 18% to 2.38Bnm2 respectively. It reported a gypsum wallboard production capacity utilisation rate of 78%. The group added that data from the Gypsum Building Materials Branch of China Building Materials Federation showed that national wallboard production capacity was 4.90Bnm2/yr and that production and sales were 3.51Bnm2 in 2021.
Parent company CNBM separately reported that the group raised its average wallboard selling prices by 7%. It said it put up its prices in the reporting period due to high prices of coal, gypsum, paper and other raw materials. Internationally, the group said that a new wallboard plant in Tanzania had started operation in 2021 and that a new plant in Uzbekistan is still being built.
Placo and Serfim Recyclage promotes plaster recycling plant at Quincy-Voisins
Written by Global Gypsum staff
31 March 2022
France: Placo and Serfim Recyclage have revealed that they started operating a new 140t/day plaster recycling plant at Quincy-Voisins near Paris in October 2021. The companies say that the Pari Plâtre site is the first in the Paris region to be solely used for recycling plaster waste from construction sites.
Daily deliveries via the Placo Recycling network bring plaster waste from within a 250km radius to the site. The waste is then sorted by hand along an 80m production line to remove wood, ceramic, cardboard and polystyrene fractions. These materials are recycled separately. The plaster is crushed and screened with a 98% recovery rate. The plant stores reclaimed gypsum in two 80m3 silos. The gypsum is then transported to Placo’s gypsum wallboard plant at Vaujours for use as a secondary raw material.
Placo says it is the leading recycler of gypsum in France. Following the opening of Pari Plâtre the company has increased its plaster recycling target in 2030 target to 200,000t/yr. This will allow the subsidiary of Saint-Gobain to use up to 30% of recycled materials in the production of its wallboard products.