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Indian government extends anti-dumping duty on gypsum wallboard
Written by Global Gypsum staff
12 June 2017
India: The government has extended an anti-dumping duty on imports of gypsum wallboard from China, Indonesia, Thailand and the UAE to protect local producers. Saint-Gobain India asked for an extension of the duty on the imports of the boards from these four countries, according to the Press Trust of India. The tariff was originally implemented in 2013 at US$73.8/m2 to run until 7 June 2017. It has now been extended to 6 June 2018.
Saint-Gobain adjusts board membership following Wendel sale
Written by Global Gypsum staff
08 June 2017
France: Saint-Gobain has adjusted the representation of Wendel on its board of directors after a sale of the investment company's shares in the construction materials producer. Following the sale of 5.3% of Saint-Gobain's shares Wendell retains one sole director, Frédéric Lemoine, and a 6.4% stake. However, Saint-Gobain has decided to retain Wendel's other representative, Gilles Schnepp, as an independent director due to his experience of the group.
Knauf Petroboard to spend Euro54m towards upgrading liner plant
Written by Global Gypsum staff
08 June 2017
Russia: Knauf Petroboard and the local government of the Leningrad region have signed a Euro54m deal to upgrade a gypsum wallboard liner plant in Kommunar. Two thirds of the funds will be used to upgrade equipment at the site with the remainder targeted at treatment works, according to the Stroygaz newspaper. Start-up for the equipment is scheduled for the end of 2018. The agreement has been announced as part of the St Petersburg International Economic Forum framework.
PPG completes sale of Plaka Plasterboard to Knauf
Written by Global Gypsum staff
08 June 2017
Mexico: PPG has completed its sales of its Plaka plasterboard and cement-board business to Knauf. No financial value for the deal has been disclosed. PPG originally purchased its Plaka business in 2014 when it acquired Consorcio. The company produces wallboard, plasterboard and cement board primarily for the Mexican market.
Gypsum exports from Oman jump up by 29% in first five month of 2017
Written by Global Gypsum staff
02 June 2017
Oman: Exports of gypsum rose by 29% year-on-year to 3.29Mt in the first five months of 2017 from 2.55Mt in the same period in 2016. The boost in export volumes mainly arose in April and May 2017, according to data from the Oman Gypsum Association. Data from the Department of Primary Industries and Mines (DPIM) in Thailand suggests that gypsum exports have fallen from that country so far in 2017. Omani gypsum producers hope to take advantage of a growing supply deficit in Asian export markets.