Gypsum industry news

US: Xeriant says that it has successfully tested a high-volume production process for its Nexboard alternative wallboard. The wallboard is made of recycled plastic content, and is 100% recyclable.

Recycling Today News has reported that CEO Keith Duffy said “The industry is desperate for a viable green alternative to gypsum board as part of a transition toward greater efficiency, safety and sustainability in building design. Drywall has essentially remained unchanged for over a century and is extremely vulnerable to moisture and mold. Our homebuilder clients are anxious to receive and approve our production samples so we can execute pending contracts and begin our quest to disrupt the building materials industry.”

Azerbaijan: Total national gypsum production was 36,500t during the first half of 2023, according to the State Statistics Committee. This corresponds to a 96% year-on-year rise from first-half 2022 levels.

US: CertainTeed plans to invest US$235m in an expansion to its 84Mm²/yr Palatka gypsum wallboard plant in Florida. The La Tribune newspaper has reported that the Saint-Gobain subsidiary will install a second production line to double the plant’s capacity. The company will also carry out work to increase the plant’s energy efficiency.

Spain: The government has established a Euro450m funding line for gas-intensive industries that struggled with high gas prices during 2022. The Boletín Oficial del Estado newspaper has reported that the gypsum industry is among those included. Companies can draw on up to Euro4m in relief. For those which recorded a drop of 30% or greater in earnings before interest, taxation, depreciation and amortisation, relief of up to Euro25m is available.

Oman: Producers and exporters despatched 9.9Mt of gypsum from Oman in 2022. The figure corresponds to year-on-year growth of 13% from 8.74Mt in 2021. The Oman Daily Observer newspaper has reported that India received 4.84Mt (49%) of Omani gypsum exports during the year. This accounts for 87% of the South Asian nation's total gypsum imports, of 5.54Mt, in 2022. The total figure shows a compound annual growth rate (CAGR) of 17% between 2009 and 2022. The market's forecast CAGR up to 2037 is 5.2%.

The Indian cement industry, which reportedly relies on the dwindling domestic stock of phosphogypsum, is anticipated an anticipated source of continued growth in demand.