China: China National Building Material (CNBM) recorded a net profit of US$131m in the first half of 2026, down by 35% year-on-year. Dow Jones Newswires has reported that the group cited a decline in the selling price of gypsum wallboard, alongside other ‘major product lines’ as a key contributor to the decline. Additionally, CNBM’s assets underwent a rise in impairment losses.
Kyrgyzstan: The Kyrgyz Geological Service has announced a second auction for the Kurgaksay natural gypsum deposit in Tyup, Issyk-Kul, on 23 July 2026. Kyrgyzstan Newsline has reported the starting price in the auction as US$45.60/m2.
A previous auction earlier in 2026 failed to result in the sale of a licence to work the deposit.
US: USG plans to mothball its Southard gypsum processing plant and mine and processing plant in Blaine County, Oklahoma, in November 2026. The move is a response to ‘escalating’ complexity and costs impacting ‘specialised’ product lines. USG reportedly plans to phase out ‘a majority of products’ produced at the plant from its portfolio following the closure. Local press has reported that USG employs 300 people across Oklahoma.
USG told Southard plant and mine workers that "We are committed to supporting impacted team members by providing career transition resources, relocation opportunities for those interested in transferring to another USG facility and severance packages for affected employees."
Canada: USG subsidiary CGC raised US$45,600 in partnership with The Home Depot Foundation for the Safe Haven Foundation during its fourth annual Cowboy Corral fundraiser on 8 July 2026. The funds will go towards securing safe housing, support and coaching for young women at risk of homelessness in Calgary, Alberta. The Cowboy Corral fundraiser has now raised a cumulative US$103,000 for local charities.
CGC commissioned its new Wheatland wallboard plant 40km outside of Calgary in June 2026.
