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Saint-Gobain begins new gypsum wallboard line construction at Turda plant
Written by Global Gypsum staff
07 April 2021
Romania: Saint-Gobain has begun construction of a new line at its Turda gypsum wallboard plant in Cluj county. The company plans to invest Euro45.0m in the project. The scheduled completion date is April 2023. The group says that the expansion aims to meet ‘rapidly growing’ local needs as well as those of the wider Central and Eastern European market, and to secure Saint-Gobain's leadership position within light construction.
Saint-Gobain’s sales fall by 10% to Euro38.1bn in 2020
Written by Global Gypsum staff
31 March 2021
France: Saint-Gobain recorded consolidated net sales of Euro38.1bn in 2020, down by 10% year-on-year from Euro42.6m in 2019. Earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 9% to Euro4.42bn from Euro4.87bn. Following a 12% like-for-like contraction in the first half of 2020, consolidated net sales grew by 5% on a like-for-like basis in the second half of 2020, with a 5% increase in gypsum wallboard volumes and a 1% increase in prices.
Chair and chief executive officer Pierre-André de Chalendar said, “The record results of the Group for second-half 2020 confirm the pertinence of the Group’s differentiation strategy and the success of its profound transformation begun several years ago. I would like to sincerely thank the teams for these excellent results achieved and for their unwavering commitment and solidarity."
ScoZinc’s adds gypsum resources to Nova Scotia mine project
Written by Global Gypsum staff
26 March 2021
Canada: ScoZinc says that it has increased the gypsum resources at its Scotia mine project in Nova Scotia following a mineral resource estimate. The site has total measured and indicated gypsum mineral resources of 5.18Mt at a grade of 91.8%. Further inferred gypsum resources of 0.79Mt have been recorded at a grade of 91%. The company says that the project has a mining recovery rate of 95% and a cost of US$2/t for gypsum.
ABP celebrates start of wallboard plant project in UK
Written by Global Gypsum staff
25 March 2021
UK: Associated British Ports (ABP) has celebrated the commencement of a project to build a new plasterboard factory at the Port of Newport, Wales which will create around 60 new full-time jobs in the area.
The new facility will be used to store gypsum, which will be delivered by ship before being used for the manufacture of wallboard. This will eliminate the need to transport raw materials from the port to an in-land factory by road, which will help reduce CO2 emissions. Furthermore, the factory will benefit from green power generated by ABP's on-site renewable generation units, including wind and solar sources.
As part of the project, ABP, together with a number of European-based inward investors, has invested around Euro27m to create the new manufacturing facility in Newport. The Welsh Government has also contributed Euro870,000 in support of the project.
Saint-Gobain signs large wind farm contract in the US
Written by Global Gypsum staff
25 March 2021
US: 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.