Gypsum industry news

Saudi Arabia: United Mining Industries expects a strong financial performance in the second half of 2025 compared to the first half, due to the planned start of commercial operations at its gypsum board plant by the end of October 2025. United Mining’s profit fell to US$2.7m in the first half of 2025 compared to US$3.2m in the same period of 2024.

CEO Hamad Alsourayia said that the company’s profit reduction in the first half of 2025 was due to an 18% drop in total revenues along with higher operating costs. Revenues decreased mainly due to weaker demand for value-added products amid a market slowdown, seasonal factors, and lower operating volumes in the first half of 2025. Alsourayia added that the change in the sales mix had an effect on average selling prices and profit margins since it led to less sales of value-added products, which, in turn, had an effect on average prices and margins.

Saudi Arabia: United Mining Industries says that an upcoming new gypsum wallboard line in Saudi Arabia is ‘near to completion’ and will commence commercial production ‘soon.’ In a post to LinkedIn, CEO Hamad Alsourayia gave his best wishes to ‘new plant manager’ Kassim Fakir. No further details on any new plant are yet forthcoming.

United Mining Industries currently operates a 30Mm²/yr gypsum wallboard plant in Yanbu.

Saudi Arabia: Eight companies have been accepted by the Ministry of Industry and Mineral Resources to offer bids for an exploration license for gypsum ore at the Al-Qasab wells mining site. The preferential bidders include Saudi National Gypsum, El-Khayyat Gypsum, United Cement Industrial, Global Gypsum Company, United Mining Industries, Mada Gypsum and ASK Gypsum, according to the Arab News newspaper. The proposed site is located south of Nabat in Al Madinah province. The initiative is part of the government’s plans to further develop the country’s mining sector.