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Fuchs Lubritech merges with Fuchs Schmierstoffe to form Fuchs Lubricants Germany

Written by Global Gypsum staff
06 June 2022

Germany: Fuchs Lubritech has merged into Fuchs Schmierstoffe. Following the merger, the latter also rebranded as Fuchs Lubricants Germany on 3 June 2022. Fuchs Lubricants Germany will assume all contractual responsibilities of Fuchs Lubritech.

Published in Global Gypsum News
Tagged under
  • Germany
  • Fuchs Lubritech
  • Fuchs Schmierstoffe
  • Fuchs Lubricants Germany
  • Merger
  • brand
  • GGM48

Saint-Gobain acquires Fibroplac

Written by Global Gypsum staff
30 May 2022

Portugal: Saint-Gobain has acquired Fibroplac, which operates the 10Mm2/yr Pombal gypsum wallboard plant in Central Portugal. Saint-Gobain already operates 10 plants, in addition to a research and development centre, in Portugal. Additionally, the France-based group acquired steel structures producer Falper.

The group said that the acquisitions align with its Grow & Impact strategy, which it says is being successfully implemented in Portugal."

Published in Global Gypsum News
Tagged under
  • SaintGobain
  • Portugal
  • Fibroplac
  • Falper
  • steel structures
  • Acquisition
  • strategy
  • GGM48

Eagle Materials increases sales and earnings in 2022 financial year

Written by Global Gypsum staff
20 May 2022

US: Eagle Materials has recorded consolidated sales in its 2022 financial year of US$1.9bn, up by 15% year-on-year. The group’s adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) was US$657m, up by 15%. Full-year light materials sales totalled US$804m, up by 27%, with gypsum wallboard and paperboard operating earnings of US$274m, up by 42%. The group sold 269Mm2 of gypsum wallboard, up by 3% year-on-year.

President and CEO Michael Haack said "As we look back on another extraordinary year, I am extremely proud of our team's ability to deliver record operating and financial results despite multiple external challenges, including transportation disruptions, supply chain constraints and, of course, continuing to navigate the Covid-19 pandemic.” He added "As we begin our new fiscal year, Eagle is well-positioned, both financially and geographically, to capitalise on the underlying demand fundamentals that are expected to support steady and sustainable construction activity growth over the near and long term. We expect that infrastructure investment should increase in the latter part of our fiscal year, as federal funding from the recently enacted Infrastructure Investment and Jobs Act begins in earnest. And, despite recent interest rate increases, housing demand remains strong across our geographies, outpacing the supply of homes. Nonresidential construction activity is also picking up."

Published in Global Gypsum News
Tagged under
  • US
  • Eagle Materials
  • Results
  • volumes
  • costs
  • logistics
  • Shipping
  • demand
  • construction
  • government
  • coronavirus
  • supply
  • shortage
  • GGM48

Russian forces bomb Knauf’s Donbass gypsum wallboard plant

Written by Global Gypsum staff
19 May 2022

Ukraine: The Russian military has reportedly damaged Knauf’s Donbass gypsum wallboard plant in an airstrike. Ukrainian Donetsk regional military administration chief Pavlo Kyrylenko posted on social media on 17 May 2022 that firefighters were working to contain and quell the blaze at the plant in Donetsk Region. Nobody was injured in the attack.

Knauf sent home the Knauf Gips Donbass plant’s 589 employees ‘as a precaution’ at the outbreak of war on 24 February 2022.

Knauf maintains 14 facilities with a total of 3900 employees in Russia.

Published in Global Gypsum News
Tagged under
  • Russia
  • Ukraine
  • war
  • Fire
  • staff
  • safety
  • sanctions
  • GGM48

CertainTeed’s Silver Grove gypsum wallboard plant’s paper recycling facility wins 2022 Better Project Award

Written by Global Gypsum staff
19 May 2022

US: The US Department of Energy has awarded CertainTeed its 2022 Better Project Award for the company’s installation of a 15,000t/yr production scrap paper recycling system at its Silver Grove, Kentucky, gypsum wallboard plant. The plant recycles ground paper and gypsum from the system in its gypsum wallboard production.

CertainTeed vice president environmental, social and governance North America and Saint-Gobain circular economy solutions managing director Dennis Wilson said "Our recycling technology in Silver Grove allows us to reduce our waste, reduce our consumption of natural resources and also reduce our production costs - all while continuing to produce the best gypsum wallboard product on the market.” Wilson continued “We will continue to look for ways to minimise our environmental footprint while striving to maximise our company's positive impact for our customers and the communities where we operate."

Published in Global Gypsum News
Tagged under
  • US
  • CertainTeed
  • government
  • Department of Energy
  • award
  • paper
  • Recycling
  • Upgrade
  • circular economy
  • costs
  • equipment
  • GGM48
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