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Microban International secures new wallboard patent
Written by Global Gypsum staff
14 August 2014
Europe: Microban International has secured a European patent relating to treated wallboard, increasing its portfolio of wallboard technology patents that include the United States, Canada, Mexico, China, Hong Kong, Australia and Brazil. The patent covers the incorporation of an antimicrobial additive package into the wallboard to resist the growth of mould and mildew. The patented wallboard employs a two-part anti-microbial system and an innovative targeting approach to provide protection against mould, mildew and fungus.
"These types of product patents help us to develop new specific formulations for dealing with microbial issues that wallboard may have, especially in humid or damp areas," said Ivan Ong, VP of research and development. "In wallboard, fungal issues typically occur at the interface between the paper and the gypsum core. Fungal infiltration of this nature can occur without visual cues until it becomes extensive and damaging. The patent provides an effective and manufacturing-friendly method to deliver a combinatorial package of antimicrobial agents to specifically target microbial issues this interface."
Gypsum Association appoints Meima as new executive director
Written by Global Gypsum staff
29 July 2014
US: Stephen H Meima has been named as the executive director of the Gypsum Association. In this position, he leads the organisation's day-to-day operations, oversees its significant contributions to model building codes and standards and ensures that Association member companies and their customers receive vital services, including technical information on the proper selection and installation of gypsum panel products. The Gypsum Association represents all of the active gypsum wallboard manufacturers in the United States and Canada.
"The Gypsum Association has a lengthy history of service to both the gypsum community and the public in North America," said Meima. "I am proud to represent a building materials industry with a tradition of innovation and sustainability and an established commitment to safety and consumer satisfaction."
In addition to serving as the Gypsum Association's director of promotion from 1996 to 1999, Meima returned as CEO in 2013. During the interim, he served within a Gypsum Association member company for over a decade, taking on various marketing and communications leadership roles. Meima also headed marketing and membership at the Design-Build Institute of America.
A LEED Green Associate credential has enhanced Meima's ability to serve building professionals at a time when sustainability has taken on new and growing significance within the industry. In addition, Meima holds an Accreditation in Public Relations from the Public Relations Society of America.
USG reports strongest quarterly net income since 2007
Written by Global Gypsum staff
25 July 2014
US: USG Corporation has reported its strongest quarterly net income since 2007. Second quarter 2014 net sales of US$948m were up by 3% from second quarter 2013 net sales of US$916m. USG's second quarter 2014 operating profit was US$98m compared to US$74m in the second quarter of 2013. Second quarter 2014 net income was US$57m. This compares to a net income of US$25m in the second quarter of 2013.
"I'm pleased to report our best quarterly results in seven years," said James S Metcalf, chairman, president, and CEO of USG. "Despite slower than expected acceleration in industry opportunity, most of our businesses and products improved their performance from a year ago and we also recorded our first full quarter of operations in our USG Boral joint venture."
The corporation's adjusted operating profit was US$93m in the second quarter of 2014, which includes adjusted equity method investment income of US$6m from USG Boral Building Products, compared to an adjusted operating profit of US$76m in the second quarter of 2013. Adjusted net income was US$48m in the second quarter of 2014 compared to an adjusted net income of US$26m in the second quarter of 2013. Adjusted net income in the second quarter of 2014 excluded, among other items, a US$12m gain on the sale of its New Jersey paper mill, which has been idled since 2009.
"We remain confident in the recovery, but challenges in the macro-economic environment still exist," said Metcalf. "However, we believe that the second half of the year will be better than the first half and we are well positioned to capitalise on the improving opportunity."
Thai Gypsum Products foresees positive second half of 2014
Written by Global Gypsum staff
24 July 2014
Thailand: Thai Gypsum Products, the manufacturer of Gyproc brand gypsum products in Thailand, has reaffirmed its positive outlook regarding market conditions in the second half of 2014 with its commitment to build a new warehouse / distribution centre in Surat Thani Province. Following its strategic plan to achieve 5% growth before the introduction of the ASEAN Economic Community (AEC) in 2015, Thai Gypsum Products continues to expand its national footprint following the opening of the 5th Gyproc Centre, which was launched recently in Phuket.
"Gyproc aims to become the market leader in gypsum production following the AEC integration," said Thongchai Kamolpattana, commercial director. "As Thailand is located centrally within the region, we believe that many foreign investors will be attracted to invest in the country, whether by development of properties they own or the expansion of their regional offices, both sectors requiring materials for construction."
Eagle Materials reports record first quarter 2015 revenues
Written by Global Gypsum staff
23 July 2014
US: Eagle Materials has reported financial results for the first quarter of fiscal 2015, which ended on 30 June 2014. First quarter earnings before interest and income taxes increased by 21% year-on-year to US$59.8m, as first quarter sales volumes improved across nearly all businesses areas and sales prices improved in all businesses.
Gypsum wallboard and paperboard reported first quarter operating earnings were US$45.0m, up by 27% from the same quarter of its 2014 fiscal year. Improved wallboard sales prices and increased wallboard and paperboard sales volumes were the primary drivers of the earnings increase. Wallboard and paperboard revenues totalled US$136m, an 18% year-on-year increase. The revenue increase reflects higher average wallboard sales prices and higher wallboard and paperboard sales volumes. The average wallboard sales price grew by 11% year-on-year. Wallboard sales volumes of 569Mft2 represent a 7% year-on-year increase.