Gypsum industry news
France: Saint-Gobain has launched Grow & Impact, a new strategic plan to increase profitable growth. The plan consists of new annual financial targets for 2021-2025, including organic sales growth of 3 - 5%, an operating margin of 9 – 11%, a free cash flow conversion ratio above 50%, a return on capital employed of 12 - 15% and an annual dividend payout ratio representing 30-50% of recurring net income. The company also announced a Euro2bn share buyback programme for 2021 – 2025.
Saint-Gobain has forecast full-year energy and raw materials costs of Euro1.5bn, up by 36% from its previous estimate of Euro1.1bn. Euro1.1bn (73%) of the new estimate is forecast for the second half of 2021. The group said that it will need a positive price impact of around 6% over the full year and of 8% in the second half of 2021 in order to offset this. CEO Benoit Bazin said “The Group will build on the success of its new local organisation and its multinational culture driven by performance and by proximity to its customers, in order to benefit fully from strong growth on its underlying markets. By capitalising on innovation and the power of data to enrich our range of solutions, Grow & Impact will enable us to outperform our underlying markets and maximise our positive impact in numerous areas.” He added “Our vision is to become the worldwide leader in light and sustainable construction. In a world moving towards net-zero carbon, Saint-Gobain aims to provide a full range of solutions that address three major issues of our time: drastically reducing the 40% of CO2 emissions linked to construction, protecting natural resources and facing the challenge of rapid urbanisation in emerging countries.”
Saint-Gobain Placo launches technical manual on building environmental certifications
09 September 2021Spain: Saint-Gobain Placo has launched a new technical manual on environmental certifications of buildings. The Saint-Gobain subsidiary says that the manual will help professionals when addressing all certification requirements in Spanish construction. It takes a practical approach and details all processes and evidence necessary for each certificate. The company hopes to advance sustainable development by facilitating more comprehensive planning.
Saint-Gobain to upgrade Fredrikstad plant into first net-zero CO2 gypsum wallboard plant
28 May 2021Norway: France-based Saint-Gobain plans to upgrade its 13Mm2/yr Fredrikstad gypsum wallboard plant in partnership with state-owned sustainable energy agency Enova. The Euro25m upgrade will expand the plant’s production capacity by 40% and make it, what the producer says, is the world's first carbon-neutral plasterboard plant. One feature of the plan is electrification of the currently gas-powered production process. The upgrade will be completed in early 2021.
Saint-Gobain is considering implementing the net-zero CO2 plant project across others of its gypsum wallboard plants.
Saint-Gobain signs large wind farm contract in the US
25 March 2021US: Saint-Gobain in the US has entered into a 12-year Power Purchase Agreement (PPA) with Invenergy, a leading privately held global developer and operator of sustainable energy solutions, for 120MW of the 250MW Blooming Grove Wind Farm capacity in McLean County, Illinois, which recently began operations.
This agreement is the largest renewable energy deal to date for Saint-Gobain and is a key milestone in supporting the group's target to reach net-zero carbon emissions by 2050. The associated Renewable Energy Certificate System (RECS) represents 40% of the Group's CO2 emissions from electricity in the US, resulting in a 21% reduction of Saint-Gobain's overall carbon footprint (scope 1 and 2) in the US.
With this agreement and other ongoing projects, the share of renewable electricity within Saint- Gobain's worldwide electricity consumption, will double in 2021, from 18.9% in 2020.
Spain: Saint-Gobain Placo has launched Placo Hermetic, a gypsum-based hermetic system for application to building envelopes. The company says that the product is the first of its kind to be gypsum-based that meets the Passivhaus standard. The Catalonia Institute of Construction Technology (ITEC) has certified the system with a Document of Suitability for Use (DAU).
The producer said “With this DAU, Saint-Gobain Placo continues to guarantee the suitability of its solutions, providing professionals in the sector with more sustainable and efficient systems that adapt to different projects and requirements, with total safety and reliability.”
Saint-Gobain lobbies for higher 2030 emissions reduction targets
15 September 2020France: Saint-Gobain is among 157 businesses which signed a letter to European Union (EU) members’ governments urging the enactment of higher 2030 greenhouse gas emissions reduction targets. The letter calls on all EU leaders to target a reduction of 55% by 2030 in line with the European Green deal.
Chair and chief executive officer (CEO) Pierre-André de Chalendar said, “The right decisions now can help create and protect healthy, thriving and fair communities and secure a roadmap for a prosperous economy. From a business and investor perspective, clarity on the net zero transition pathway and timetables for each sector - as well as policy that enables substantial investments in carbon neutral solutions - is essential. This in turn would provide us with the confidence needed to invest decisively at the necessary pace and scale to reduce emissions, create decent green jobs, drive innovation, and accelerate the rebuilding of a resilient zero carbon economy."
Spain: Knauf España has signed an agreement with the Arquitectes per l’Arquitectura association with the aim of supporting sustainable and universal architecture. The partnership compliments other initiatives Knauf holds in the country with the Higher Council of Colleges of Architects of Spain, the Green Building Council, the College of Architects of Madrid, the Alejandro de la Sota Foundations and Architecture and Society.
American Coal Ash Association lobbies criticises Environmental Protection Agency’s proposals for coal ash regulations
08 October 2019US: The American Coal Ash Association (ACAA) has criticised a proposed revision of coal ash regulations by the Environmental Protection Agency because it will restrict the recycling of coal ash.
"EPA's proposals related to the definition of coal ash beneficial use are the opposite of a regulatory roll-back," said Thomas H Adams, ACAA Executive Director ahead of a hearing with the EPA. "Without any damage cases or scientific analysis to justify its actions, the agency is seeking to impose burdensome new restrictions that will cause millions more tons of material to be disposed rather than be used in ways that safely conserve natural resources and energy."
Adams and the ACCA argue that previous EPA rules concluded that beneficial use of coal ash should be exempt from regulation and encouraged to contribute to sustainability. However, the ACCA has taken exception with a 2015 definition of beneficial use, which was intended to prevent ‘disposal activities masquerading as beneficial use.’ By expanding the scope of this definition the ACCA says that more coal ash will be landfilled instead of being recycled.
Coal is the fuel source for approximately one-third of electricity generation in the US and produces large volumes of solid coal combustion products - primarily ash and synthetic gypsum from emissions control devices. This family of diverse products is referred to as coal combustion residuals in a disposal setting and is often generically referred to as ‘coal ash.’
According to ACAA's most recent ‘Production and Use Survey,’ 64.4% of the coal ash produced during 2017 was recycled. By volume, 71.8Mt of coal combustion products were beneficially used in 2017 out of 111Mt that were produced. Coal ash production volume increased by 4% year-on-year from 2016.
USG Boral Thailand wins Green Industry award
21 September 2018Thailand: USG Boral Thailand, also known as Siam Gypsum, has won the Green Industry Award at the Green Industry Forum Seminar. The award was presented by Suthon Nikomkate, Deputy Secretary-General of the Office of Industrial Product Standards, Ministry of Industry to Wuttichai Ponmanop, Factory Management Manager, Siam Gypsum. The gypsum wallboard manufacturer was awarded the accolade for its focus on its production process, environmental management and its social environmental responsibility.
Saint-Gobain joins Dow Jones Sustainability Index
19 September 2016France: Saint-Gobain has joined part of the 2016 Dow Jones Sustainability Index (DJSI), ranking among the top-three global companies and the number one European company for construction products. Special mention was given to the group's commitment and initiatives to tackle climate change. Established in 1999, the DJSI distinguishes best-in-class companies in the field of corporate social responsibility.
"I am very proud to see our group included in this renowned index, which is the benchmark for Corporate Social Responsibility. It is recognition of our commitment in this endeavour. We initially set out to be listed in 2017, so we met our target a year ahead of schedule. I would like to take this opportunity to thank our teams for achieving this excellent result," said Pierre-André de Chalendar, Chairman and CEO of Saint-Gobain.