Gypsum industry news
Knauf inaugurates Euro30m plaster plant in Georgia 17 October 2022
Georgia: Knauf inaugurated a new Euro30m plaster plant in Georgia on 13 October 2022, Sarke News has reported.
Georgian Minister of Economy Levan Davitashvili said that Georgia's current 'high economic growth' is partly due to Knauf's continued investment in its gypsum activities in the country. Davitashvili noted that Knauf has trained 1000 people at its construction industry training centre since 2018.
The minister said that Knauf continually raises the Georgian building materials industry to 'new standards.' He added "The professional knowledge brought by the company and the technologies introduced by it are also very important."
Nigeria: State governor Muhammad Inuwa Yahaya opened the Gombe State Investment Summit in the northeastern state of Gombe on 12 October 2022. The summit aims to attract investors from within and outside of Nigeria. The state government hopes that local mineral reserves and the state's strategic location will appeal to investors from new industries to the state, including the gypsum wallboard industry.
The This Day newspaper has reported that Yahaya said “We have the largest deposits of gypsum in the country." He continued “Gombe is also blessed with huge commercial deposits of coal, oil, and gas."
US: The producer price index (PPI) of gypsum building materials ended September 2022 at a new all-time high of 351, up by 20% year-on-year from 292 in September 2021. The figure doubled decade-on-decade from 177 in September 2012. In the shorter term, it rose by 12% from 315 over the six-month period from March 2022, and by 3.8% from 338 over the three-month period from June 2022.
Eagle County Recycle supplies waste cardboard for gypsum wallboard backing production 17 October 2022
US: The city council of Glenwood Springs in Colorado is aiming to implement single-haul refuse collection in order to eliminate the dumping of recyclables by 2023, local press has reported. A review of waste management practices found that the city has a recycling contamination rate of just 8%, yet 80% of waste sent to landfill consists of recyclable materials. Eagle County Recycle operates the city's waste management facility. The company says that it supplies waste cardboard for gypsum wallboard backing production in neighbouring Oklahoma.
Manager Jesse Masten said “The mill in Oklahoma that we send the cardboard to actually makes the paper backing for wallboard. Then, that paper backing is potentially sent back to the American Gypsum gypsum wallboard plant in Gypsum and used for the wallboard that they’re producing.”
Synthetic gypsum market to grow by 4.2% every year until 2029 17 October 2022
World: Market research and consulting services provider Exactitude Consultancy has projected a composite annual growth rate in global gypsum demand of 4.2% between 2022 and 2029. The consultancy forecast that the market would reach US$2.14bn in value at the end of the period, up by 45% from US$1.48bn in 2021.