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News Displaying items by tag: GGM69

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Eagle Materials' sales rise in first half of 2026 financial year

05 November 2025

US: Eagle Materials reported sales of US$1.27bn in the first half of the 2026 financial year, up by 3% year-on-year from US$1.23bn. Cost of sales rose by 6% from US$842m to US$888m. Comprehensive earnings fell by 6% from US$277m to US$261m.

The second half of the financial year commences with Eagle Materials ‘well positioned’ to captured an anticipated upswing in demand. In its gypsum business, the company noted a ‘favourable longer-term view’ with ‘significant underbuilding.’ Affordability issues continue to depress single-family residential construction. The business’ key markets of Heartland (central northern US) and Sunbelt (trans-southern US) are both set to continue to grow.

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CertainTeed expands Palatka gypsum wallboard plant

04 November 2025

US: Saint-Gobain subsidiary CertainTeed Interior Products Group has successfully doubled the production capacity of its Palatka, Florida, gypsum wallboard plant. The producer says that the expansion has created 110 new jobs at the plant and made it the largest in the world. The project received US$7m in total funding and tax credits from state and county governments.

President and CEO Mark Rayfield called the Palatka plant ‘A vital part of our operations.’

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Eco Buildings Group launches Sudanese joint venture with Socotra Real Estate Development

29 October 2025

Sudan: Glass fibre-reinforced gypsum (GFRG) modular systems producer Eco Buildings Group and Socotra Real Estate Development have launched a joint venture (JV). Socotra Real Estate Development will invest US$5.82m over six months in the JV’s construction and operation of two new production lines.

Eco Buildings Group Executive Vice Chair Etrur Albani said that the ‘landmark’ JV ‘not only serves to further demonstrate the increasing global demand for our GFRG modular housing solutions, but also the efficiency of our international expansion strategy.’

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Saint-Gobain’s Kootenay West gypsum mine achieves full-capacity production

29 October 2025

Canada: Saint-Gobain Canada has scaled up its Kootenay West, British Columbia, gypsum mine to full production capacity of 400,000t/yr. The mine supplies gypsum wallboard subsidiary CertainTeed Canada's Calgary and Vancouver plants. It has an anticipated operational lifespan of 40 years and employs 30 people. The mine will replace the role of the Windermere gypsum mine in Saint-Gobain Canada’s gypsum wallboard operations. The Windermere mine will continue to operate for another 15 years, supplying customers in the agriculture and cement sectors. The company first broke ground on the new mine at Kootenay West in 2019.

CertainTeed Canada has initiated permitting for the construction of a rail loadout at the Kootenay West mine. When commissioned, the facility will reduce the total annual distance of gypsum transported between Kootenay West and the company’s gypsum wallboard plants by 94% from 4.5 million kilometres to 250,000km.

CEO Jean-Claude Lasserre said "It is with great pride that we officially launch full operations of our Kootenay West gypsum mine in British Columbia, a strategic expansion of our presence in Canada, strengthening our operations to continue meeting the construction market demand.”

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Trevo Drywall to fuel Cariri gypsum wallboard plant with liquefied natural gas

29 October 2025

Brazil: Trevo Drywall has signed an agreement with utilities provider GNLink to use liquefied natural gas (LNG) to fuel the gypsum calcining system and dryer at its Cariri gypsum wallboard plant. The plant will consume an expected 6.84Mm3/yr of LNG, reducing its CO2 emissions by 2140t/yr compared with its previous fuelling arrangements.

Trevo Drywall CEO Wilson Soares said "It's a strategic decision that reflects our brand values and our commitment to a cleaner, more efficient industry."

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Eco Buildings Group signs €489m modular housing construction deal in Chile

29 October 2025

Chile: Eco Buildings Group has won a public sector contract to deliver 20,000 modular homes using its glass fibre-reinforced gypsum (GFRG) modular systems technology. The contract will span seven years. Eco Buildings Group says that it marks the start of its full-scale commercial roll-out in Latin America.

The Chilean government has made a down payment of US$14.8m for a first tranche of 1210 homes, which are already designated for occupation by families.

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NOAH to produce gypsum using industrial byproducts

22 October 2025

Norway/Sweden: NOAH has launched a circular gypsum production partnership with Sweden-based climate control equipment producer Munters Group and utilities provider Stockholm Exergi. NOAH will produce 6500t/yr of gypsum at its Langøya test centre in Norway using 4.3t/day of salt residues from Munters Group's Tobo plant in Sweden, and fly ash and tin acid supplied by Stockholm Exergi. A planned 30,000t/yr gypsum wallboard? plant will follow. NOAH has signed a letter of intent with gypsum wallboard producer Norgips for the supply of its gypsum for use in wallboard production.

CEO at Norgips Christian Stålem said “We are creating a circular value chain where industrial residues become gypsum.”

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Lowe’s completes acquisition of FBM

16 October 2025

US: Lowe's Companies Inc. has announced that it has acquired Foundation Building Materials (FBM), a wholesale distributor of building materials and construction products. The deal, which went through on 9 October 2025, came about two months after Lowe’s announced it had agreed to purchase FBM for US$8.8bn in August 2025.

Lowe's said in a press release that the completed deal is expected to enhance the company's offerings to professional builders by providing a wider variety of products, faster fulfilment times, improved digital tools and a robust trade credit platform.

FBM currently has 370 locations across the US and Canada and serves about 40,000 customers. It primarily sells to construction professionals and not the general public, meaning this acquisition won't significantly affect regular Lowe's customers. FBM supplies building materials, including wallboard, plaster, stucco and more.

Published in Global Gypsum News
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GMS acquires Brown Machinery

16 October 2025

US: Gypsum Management & Supply Inc. (GMS), has acquired the assets of Brown Machinery, a commercial and residential supplier of stucco, exterior insulation and finish systems (EIFS), concrete blocks, masonry and related products. Brown Machinery has four locations that serve Oklahoma and North Texas.

The newly-acquired company is expected to continue operating under its existing branding and will further support GMS’s presence throughout Oklahoma and surrounding markets. General Manager Justin Owens will continue to lead the business going forward, ensuring continuity and consistency for its customers, suppliers and employees.

John C Turner, Jr, President and CEO of GMS, said “We are pleased to welcome Brown Machinery and its team of respected and knowledgeable professionals to GMS. Reflecting the continued execution of our growth strategy, bringing the Brown Machinery team into the GMS family of brands will further expand distribution coverage of our Complementary Products throughout Oklahoma and surrounding markets while providing an even higher level of service to our customers.”

Published in Global Gypsum News
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Gypsum consumption falls in Argentina

16 October 2025

Argentina: Gypsum wallboard consumption fell by 11.5% in August 2025 relative to the same month of 2024, while gypsum plaster consumption fell by 8.0% over the same timeframe. Other building materials, including cement, lime and hollow bricks all saw double-digit percentage decreases, while asphalt, granite and limestone all saw double-digit increases.

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