US: GMS’s consolidates sales were US$2.19bn in the first half of 2021, up by 36% year-on-year from US$1.62bn in the first half of 2020. Its gypsum wallboard sales constituted 37% of its total sales at US$805m, up by 22% from US$659m. The company’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 70% to US$265m from US$156m, while its gross profit rose by 35% to US$708m from US$526m.

President and chief executive officer John Turner said “Net sales again topped US$1bn, with record levels of net income and adjusted EBITDA. Supply chain dynamics have led to all-time high levels of product inflation, which have been the principal driver of both sales growth and incremental profitability. He added “That said, our relentless focus on customer service and the solid execution of our strategic priorities have enabled us to capture the benefits of both this heightened product inflation across our portfolio as well as continued strength in the residential market.”

Turner concluded “While commercial activity remains well below pre-Covid levels, we were pleased to see certain commercial projects that were previously on hold receive approvals to move forward. With other positive signs also emerging, we believe that we are very well positioned as we head into the next calendar year to benefit from an eventual commercial construction recovery.”

Egypt: Dahab Sinai says that it has commenced pilot production at its 0.18t/yr plaster plant in the Suez region. The company invested around US$18m in building the unit. In early 2019 it was reported that Dahab Sinai ordered a gypsum production plant from Germany-based Claudius Peters. Rowad Tourism holds the 64% majority stake in Dahab Sinai.

Germany: Knauf Gips has partnered with Canada-based lithium hydroxide producer Rock Tech Lithium and waste management company Papenburg Entsorgung Ost to found the Institute for Technologies and Economics of Lithium (ITEL) at Halle (Saale) in Saxony-Anhalt. The institute aims to develop an inter-sector, CO2-neutral recycling economy for lithium in Germany. This will include the use of gypsum from lithium hydroxide production in gypsum wallboard production. ITEL has appointed Martin Luther University Halle-Wittenberg academics Ulrich Blum and Ralf Wehrspohn as its managing directors.

ITEL said “The switch to electromobility will make Germany the central location for battery production in Europe and thus also for the production of the crucial precursor lithium hydroxide. The reduction and reuse of the by-products generated during the refinement of lithium is the focus of the institute's work. Another focus is research into new production steps to optimise by-product value creation.”

Kenya/Mauritius: Saint-Gobain says that has acquired a gypsum wallboard plant in Nairobi, Kenya. The company says that it plans to build a construction chemicals line on the site of the plant. According to the Global Gypsum Directory 2021, Erdemann Gypsum and Tanzania Gypsum respectively operate 10Mm2/yr and 12Mm2/yr gypsum wallboard plants in the Kenyan capital city. Saint-Gobain has also taken over a majority stake in Chryso additives, mortars and waterproofers producer ABE Mauritius in Mauritius.

The company is seeking to expand its range of light and sustainable construction solution through the acquisitions. Its footprint in Africa extends over 12 countries across 29 facilities, nine of which it opened in the past two years.