Gypsum industry news

US: Taishan Gypsum and its owner China National Building Material Company (CNBM) have reached a US$1.38m settlement with Meritage Homes of Florida. According to the terms of the agreement Taishan and its fellow subsidiary Beijing New Building Material (BNBM) have agreed to pay Meritage in instalments by the end of March 2018. In return Meritage has agreed to withdraw all claims and allegations against Taishan Gypsum and BNBM following full receipt of the payment.

Germany: Australia’s James Hardie expects to complete its acquisition of Fermacell in early April 2018. It agreed to buy the gypsum wallboard producer from Xella International in November 2017. Louis Gries, chief executive officer of James Hardie said that there had been no impediments in the transaction.

Spain: Saint-Gobain España’s sales rose by 8% year-on-year to Euro1.18bn in 2017. In an interview with the Expansión newspaper, Mediterranean Region chief executive officer (CEO) Gianni Scotti said that increased housing construction in Spain had driven demand for building products. He added that Spain represents 58% of the sales from the eight countries in the company’s Mediterranean region. The majority of the division’s sales come from products for the construction industry including gypsum wallboard and insulation. However, Scotti wanred that high energy costs in Spain are making the country less competitive compared to other parts of Europe.

India: FACT - RCF Building Products (FRBL) plans to double production of its Gypwall product. The decision follows the Kerala Mission Livelihood Inclusion and Financial Empowerment housing scheme’s approval of Gypwall, according to the Hindu newspaper. The state government aims to build 430,000 houses in five years.

FRBL, a joint venture between FACT and Rashtriya Chemicals, produces Gypwall, a load bearing prefrabicated walling system. It consists of gypsum plaster reinforced with glass fibre. The company produces 86,000m²/yr of panels at its plant in Ambalmugal in Kochi.

US: USG has submitted a purchase application to the Michigan Department of Natural Resources (DNR) to expand its operations for its gypsum quarry at Alabaster, Michigan. The wallboard producer wants to buy 580 acres of state property adjacent to the sitem according to the Associated Press. The DNR says it will study the company's plan, considering issues involving forestry, wildlife, fisheries, recreation and minerals. It also will consult with tribal governments and host a public meeting.

USG founded the Alabaster quarry in 1902 and it employs 20 workers at the site. Customers for gypsum from the mine include LafargeHolcim cement plant in Alpena, Michigan and St Marys Cement’s cement grinding plant in Detroit. It says it wants to expand the quarry in order to extend its life span.