Gypsum industry news

Peru: Mario Loor has been appointed as the general manager of Eternit Peru. He will joins a team led by Cristián Montes, General Manager of Latin America, according to Business Empresarial newspaper. Loor has previously worked for Kimberly Clark Corporation and Chemical Industrial Switzerland.

US: Stacy Kuszmaul, a plant manager at Delavan, Wisconsin and Deirdre Brockwell, staff researcher at Libertyville, Illinois have been recognised by the Manufacturing Institute as part of its annual Science, Technology, Engineering and Production (STEP) Ahead Awards. This marks the fifth consecutive year a USG employee has received this honour for her contributions to the manufacturing industry. The STEP Ahead Awards honour women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry, from the factory-floor to the executive level.

Kuszmaul, a plant manager with more than 15 years' experience at USG, has been recognised for her operational acumen - particularly on new line startups - and has been a key driver in the company's Performance Materials division. Brockwell, a researcher in USG's ceilings lab, develops early stage concepts and conducts research that helps to expand USG's ceilings portfolio and respond to demands from architects, designers and contractors. She is also a Lean Six Sigma (LSS) Green Belt.

The Manufacturing Institute will recognise Kuszmaul, Brockwell and their fellow STEP Ahead award recipients during a reception in April 2019 in Washington, DC.

Spain: Pladur Gypsum has officially opened its 12Mm²/yr Gelsa wallboard plant. The unit had an investment of Euro60m and it has created 75 jobs, according to the Periódico de Aragón newspaper. Start-up at the plant began in September 2018 and full production started in January 2019. The unit currently has a three-shift work pattern and this is expected to change to four shifts by the end of 2019.

Australia: USG Boral’s earnings fell in the first half of its financial year due to a slowdown in South Korea. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 16% year-on-year to US$89.3m in the half-year to 31 December 2018 from US$107m in the same period in 2017. Its revenue grew by 2% to US$594m from US$583m. This was attributed to sales volumes growth in Australia, Indonesia, Vietnam and India.

France: Saint-Gobain’s Interior Solutions division’s sales revenue grew by 4% year-on-year to Euro7.17bn in 2018 from Euro6.88bn in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 11% to Euro1.06bn from Euro953m. Overall, the group’s sales and earnings rose in 2018, although at slower rates.

"As expected, our results for the second half show a significant improvement, benefiting from broadly supportive markets, a strong pricing dynamic and the settlement of industrial issues that had weighed on the group's profitability in the first half,” said Pierre-André de Chalendar, chairman and chief executive officer of Saint-Gobain. He added that the group has a program underway to divest sales of over Euro3bn by the end of 2019.