Gypsum industry news

US: France-based Saint-Gobain subsidiary has reached out to ‘federal, state and local government to understand where and how’ it can redeploy ‘technologies, manufacturing operations and human expertise to help them address the covid-19 crisis.’ It also extended the offer of assistance to its partners, suppliers and customers ‘in their own efforts to help.’

US: GMS has reported a net profit over the three months to 31 January 2020, the third quarter of its 2020 fiscal year, of US$10.9m, up by 87% from US$5.83m in the corresponding quarter of its 2019 fiscal year. Its net sales over the period rose by 5.2% year-on-year to US$761m from US$724m. The company’s gypsum wallboard sales reached US$314m, up by 5.7% from US$297m in the third quarter of the 2019 fiscal year.

US: National Gypsum Company has published SoundBook 2.0, an updated version of its manual for technical information and architectural drawings of sound-rated assemblies for architects and contractors seeking to achieve required sound transmission class (STC) ratings on their projects. The publication includes details and drawings of 310 sound-rated assemblies for steel and wood stud construction, as well as for floor-ceiling applications. The book also features acoustical terms, concepts and proper installation methods for optimal sound control. The original SoundBook was published in 2015.

“Acoustical performance is one of the most popular topics covered by our Construction Services Team,” said John Bianchi, gypsum product manager for National Gypsum. National Gypsum’s goal in publishing SoundBook 2.0 is to provide architects, contractors and others involved in specifying products current information and illustrations on sound-rated wall, ceiling and floor assemblies.

National Gypsum has released several new acoustical gypsum products as part of the company’s SoundBreak XP family of products since the initial rollout of its SoundBreak XP Wall Board, including SoundBreak XP Retrofit Board, designed for use as an extra noise reducing layer over existing wallboard, and its most recent innovation, SoundBreak XP Ceiling Board, a board for floor-ceiling applications.

US: CertainTeed Gypsum plans to close its Cody gypsum wallboard plant on 3 April 2020. 50 jobs at the site will be lost when the subsidiary of France’s Saint-Gobain closes, according to the Associated Press. Saint-Gobain is reported to be attempting to sell the 26Mm²/yr facility.

US: Eagle Materials will call its Light Materials business the American Gypsum Company when it is spun-off in the summer of 2020. It has appointed Dave Powers, former Eagle Materials chief executive officer (CEO), will become the chairman of American Gypsum. Craig Kesler, current chief financial officer (CFO) of Eagle Materials, will become the president and CEO of American Gypsum.

The Light Materials business will continue as a producer of gypsum wallboard and recycled paperboard. It includes an integrated paperboard mill that supplies wallboard plants with facing paper as well as raw material reserves.

US: France-based Saint-Gobain has announced a 120MW wind power supply deal with Blooming Grove Wind Farm, the largest renewable energy contract in the gypsum wallboard producer’s history. The 12-year contract, which secures 120MW of the available 250MW of power for Saint-Gobain from the wind farm in Illinois, will reduce the company’s US carbon footprint by 21%, it says. “This makes North America a significant contributor in our global network towards helping meet Saint-Gobain’s sustainability goal of net-zero CO_² emissions by 2050,” said Saint-Gobain North America president and CEO Mark Rayfield.

US: Saint-Gobain is preparing to complete its acquisition of Continental Building Products in early February 2020. The announcement follows approval by Continental Building Products’ shareholders for the US$1.4bn deal.

Saint-Gobain said that the purchase of the gypsum wallboard producer would increases its presence in the US with its positioning in growth regions in the East and Southeast US. It would also widen its product portfolio and create the opportunity for at least US$50m in cost synergies and performance improvements by the end of the third year following the close of the transaction.

"This transaction will allow us to become a leading player in plasterboard and construction solutions across North America. It will enable the group to enhance its growth and profitability profile,” said Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain.

UK: Global not-for-profit organisation CDP has included Saint-Gobain on its Climate Change A-List 2019 for environmental transparency and performance aimed at facilitating a zero-net carbon economy. Only a handful of industrial producers achieved inclusion on the list, including US-based insulation producer OwensCorning and Germany’s HeidelbergCement and steel producer Thyssenkrupp. The company said that the listing commended its ‘ambitious commitment made in 2019 to achieve net zero carbon emissions by 2050, in line with the +1.5°C warming scenarios.’

US: The Bureau of Land Management (BLM) will be receiving public comment until 6 Feb 2020 on Eagle Materials' proposed 100 acre expansion of its 830 acre mine near Gypsum in Eagle County, Colorado. The mine supplies gypsum to its 67Mm2-capacity Eagle Materials gypsum wallboard plant in gypsum. BLM Colorado River Valley field manager Larry Sandoval said, “Responsible mineral development is part of BLM’s multiple-use mission,” according to RealVail newspaper.

US: A shareholder in Continental Building Products is taking legal action against the company over its acquisition by France’s Saint-Gobain on 14 October 2019. The claimant alleges that company withheld necessary information from shareholders prior to the transaction, in violation of Securities and Exchange Commission regulations.