Gypsum industry news
United States Geological Survey’s first-quarter 2024 US gypsum market figures show steady growth 04 June 2024
US: US gypsum wallboard sales grew by 1% year-on-year to 628Mm2 during the first quarter of 2024. The country imported 20.1Mm2 of gypsum wallboard, down by 13% year-on-year. Mexico supplied 19.3Mm2 (96%) and Canada 800,000m2 (4%) of imports. Meanwhile, the US exported 19.1Mm2 of gypsum wallboard during the quarter, 18Mm2 (94%) of it to Canada.
Saint-Gobain completes acquisition of Bailey Group 04 June 2024
Canada: Saint-Gobain completed its acquisition of building materials producer Bailey Group on 3 June 2024. Bailey Group produces structural and wallboard framing, wallboard trim and other systems. Saint-Gobain says that Bailey Group will enrich its full-range offer of exterior and interior solutions in Canada.
US: GLC Minerals has increased its production of specialised gypsum formulas for various applications, after the Port of Baltimore closed on 26 March 2024. The port previously received the largest quantity of gypsum imports of any US port. It closed when the Singapore-registered container ship Dali collided with the nearby Francis Scott Key bridge in the Baltimore harbour. GLC Minerals says that it is collaborating with public and private entities, among them the Port of Green Bay in its home state of Wisconsin, to support supply chains reliant on gypsum.
GLC Minerals’ chief commercial officer, Ed Van Poucke, said “We’re ramping up gypsum production to help support specific segments of the supply chain until the Port of Baltimore is up and running. We operate a terminal at the Port of Green Bay, in the heart of the Midwest, which enables us to help fill this gap in demand, allowing industries that rely on gypsum to continue operating.”
GLC Minerals president Holly Bellmund said "We are nearly 1600km away from the Port of Baltimore, and we’re seeing the impact this event has had on the market. We’re just pleased to be able to assist and be a stop-gap for certain industries until their supply chain is restored.”