Gypsum industry news
Gypsum wallboard market expected to remain strong despite property sector disruptions
29 September 2021China: Financial analyst Jefferies has estimated that Chinese gypsum wallboard sales will retain their current strength despite a property sector crash following the collapse of developer China Evergrande. Dow Jones has reported that the analyst rated the gypsum wallboard industry as 20 - 30% exposed to effects in the property market. It contrasted this with other building materials such as float glass and coatings which are 50 - 70% exposed to the present fallout.
USG Boral to leave New Zealand market
06 August 2021New Zealand: USG Boral is preparing to stop operations in New Zealand in mid-November 2021. It said that it had been “unable to build a sustainable business,” according to the New Zealand Herald newspaper. 45 jobs will be lost due to departure. The company has offices in Auckland, Wellington and Christchurch and a distribution centre in Auckland. It imports and sells gypsum wallboard, ceiling panels, adhesives, cornices and roofing boards. Its exit will leave the local wallboard market split between manufacturer Winstone Wallboards and importer Elephant Plasterboard.
Knauf holds 70% market share in Uzbekistan
12 July 2018Uzbekistan: Knauf holds a 70% share in the gypsum wallboard market. The German building materials producer sold 22.8Mm2 of wallboard in 2017, according to the Trend News Agency. It increased the production capacity of its Bukhara wallboard plant in mid-2018 by 30% with an investment of US$22m. Knauf is also planning to build another wallboard plant in the country with an investment of over US$20m. This project is currently at the design stage.
Local producers hold 90% of Peruvian market
12 December 2017Peru: Volcan Peru and Eternit hold more than 90% of the gypsum wallboard market. Jaime Coronel Zegarra, a product manager for Eternit, said that since opening plants in 2013 and 2015 local production has driven off imports,
according to the El Comercio newspaper. He added that per capita consumption of wallboard rose to 0.39m2 in 2017 from 0.20m2 in 2010. Coronel Zegarra expects the market to grow by 8 – 9% in coming years.