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Azeri president attends opening of Ağdağ gypsum plaster plant
Written by Global Gypsum staff
02 February 2016
Azerbaijan: The president of Azerbaijan has attended the opening of the 0.4Mt/yr Ağdağ gypsum plaster plant built by Matanat-A in Baku's Garadagh District on 30 January 2016. The plant has been built using US$0.9m loan from the national business promotion fund. It employs more than 800 workers.
Suppliers supporting the project include Boemer, Saake, Haver and Boecker, Atlas Copco, ABB, Caterpillar, STP and Erisim. Half of the products made at the plant will be exported to Russia, Kazakhstan, Georgia, Turkmenistan, Ukraine and Iran.
Eagle Materials reports board earnings down by 8% to US$45.2m in Q3
Written by Global Gypsum staff
29 January 2016
US: Eagle Materials has reported that its operating earnings from its Gypsum Wallboard and Paperboard business fell by 8% year-on-year to US$45.2m in the third quarter of 2015. The decline was attributed to lower gypsum wallboard and paperboard sales volumes.
Gypsum wallboard and paperboard revenues fell by 9% year-on-year to US$132m. Wallboard sales volumes fell by 7% year-on-year to 53Mm2. Third quarter gypsum wallboard sales volumes did not benefit from pre-buying activity in advance of a price increase, as had been the case in the prior year's third quarter, due to a shift in the timing of our announced wallboard price increase for 2016 from 1 January 2016 to 31 March 2016. Paperboard sales volumes fell by 8% year-on-year to 71,000t, 8% lower than the same quarter a year ago.
Transnational Group Announces Hiring of Chief Operating Officer
Written by Global Gypsum staff
29 January 2016
US: Transnational Group has appointed Israel Gamliel as the company's Chief Operating Officer (COO). The firm is a mineral and natural resource exploration company focused on acquiring and mining mineral-rich assets, including high-grade gypsum, in the Southwestern US.
"Transnational Group is very pleased to welcome Israel Gamliel as our new COO. He has demonstrated an ability to lead companies through periods of significant revenue growth in a short time frame through the optimum management of people, products, raw materials and financial resources," said the Company's CEO, Philip Dutoit.
Gamliel has several years of experience serving as the CEO, president and owner of multiple companies in diverse markets including construction, real estate and the garment industry.
Valmet to supply a flue gas desulphurisation plant to CIECH Soda Polska in Poland
Written by Global Gypsum staff
28 January 2016
Poland: Finland's Valmet has signed a contract with CIECH Soda Polska for the supply of a flue gas desulphurization plant (FGD) to Soda Polska's Janikowo combined heat and power (CHP) plant in Poland. This is the second order of a FGD plant from CIECH Soda Polska. In August 2015, Valmet signed a contract for a similar plant for the Inowroclaw CHP plant including a Selective Catalytic Reduction (SCR) plant. The value of the order is around Euro20m.
"This investment will extend the lifetime of the Janikowo CHP plant and help us in complying with the Industrial Emissions Directive (IED) by decreasing our SO2 and dust emissions," said Marcin Malek, Director of Investments at CIECH Soda Polska.
The Janikowo CHP plant provides energy to the Janikowo Chemical Plant, owned by the Polish CIECH group. The CHP plant is in the national transition plan in Poland for compliance with the IED and will have to comply with tight annual emission ceilings for SO2, NOx and dust starting in 2017.
Valmet's delivery includes a wet limestone based flue gas desulphurisation (FGD) plant to remove SO2 from the flue gases of two existing coal fired steam boilers, each with 140t/hr steam capacity. The FGD is planned to be in commercial operation in September 2017.
Steve Rowley to retire as president and CEO from Eagle Materials
Written by Global Gypsum staff
28 January 2016
US: Steve Rowley will retire as president and CEO of Eagle Materials on 31 March 2016. Dave Powers, Executive Vice President for Gypsum Wallboard at Eagle since 2005, will succeed Rowley as President and CEO. He will also be appointed to the Board of Directors.
"Steve has positioned Eagle for an exciting future. He has led the doubling of the scale of our cement business and has guided the growth of our gypsum wallboard business in achieving its nation-wide scope. He also has successfully led the company through the longest and most challenging construction market down-cycle in US history," said Larry Hirsch, Chairman of the Board. Health reasons were cited for Rowley's retirement.
Dave Powers, aged 65, holds over 35 years of experience in the building materials industry. He joined Eagle Materials (formerly Centex Construction Products) in 2002 as Executive Vice President, Sales and Marketing. In January 2005, he was promoted to his role as Eagle's Executive Vice President for Gypsum (and President, American Gypsum Company LLC).