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Cyber attack likely to have limited effect on Saint-Gobain’s half-year financial results

Written by Global Gypsum staff
13 July 2017

France: Saint-Gobain says that a cyber attack that hit its operations in late June 2017 is unlikely to negatively affect its first-half financial results by more than 1%. It is still investigating the impact of the incident and will report more fully in its results on 27 July 2017.

The building materials producer added that it had restored its remaining operations still 'experiencing difficulties' back to normal. It said that since early July 2017 the 'vast majority' of its businesses had been operating normally and that no personal data was disclosed to any third party. It does not expect the event to have any future commercial impact.

Published in Global Gypsum News
Tagged under
  • SaintGobain
  • France
  • virus
  • Ukraine
  • crime
  • GGM35

National Gypsum upgrades Oxford paper plant

Written by Global Gypsum staff
06 July 2017

US: National Gypsum is upgrading its paper plant in Oxford, Alabama. The work includes replacing a boiler at the site first installed in 1950s, according to the Anniston Star newspaper. The investment is intended to reduce operational costs and increase energy efficiency. Paper produced at the plant is used in the manufacture of gypsum wallboard at the company's other plants. No value for the upgrade has been disclosed.

Published in Global Gypsum News
Tagged under
  • US
  • National Gypsum
  • Plant
  • paper
  • Alabama
  • Upgrade
  • GGM35

Ivo Schädler appointed as regional manager for Europe, Middle East and Africa

Written by Global Gypsum staff
03 July 2017

Switzerland: Ivo Schädler has been appointed as Sika's regional manager for the Europe, Middle East and Africa (EMEA) region and will join Group Management. He succeeds Paul Schuler, who was appointed chief executive officer (CEO) in May. Both commence their new roles on 1 July 2017.

Schädler, aged 51 years, began his career at Sika in 1997. He held various management positions at the Swiss national subsidiary before becoming General Manager for the UK and Ireland in 2012. In this role he completed the acquisition and integration of Everbuild Building Products, a UK manufacturer of sealants and adhesives. In 2015 he was appointed Area Manager Europe South and Head EMEA Target Market Refurbishment.

Schädler is a qualified materials science engineer from the Swiss Federal Institute of Technology in Zurich (ETH Zurich) and also holds an MBA. He is a Swiss national and is married with two children.

Published in Global Gypsum News
Tagged under
  • Switzerland
  • Sika
  • Appointment
  • GGM35

Saint-Gobain affected by cyberattack

Written by Global Gypsum staff
28 June 2017

France: Saint-Gobain has been hit by a cyberattack. The building materials producer said that it subsequently isolated its systems in order to protect its data. It added that its production lines were continuing to operate and that it was still serving its clients. It is not known whether the company has been infected with the Petya ransonware virus. However, the company operates a gypsum wallboard plant in Ukraine, where that attack was first reported on 27 June 2017.

Published in Global Gypsum News
Tagged under
  • France
  • SaintGobain
  • virus
  • Ukraine
  • crime
  • GGM35

Knauf to invest extra US$5m in Tanzania

Written by Global Gypsum staff
28 June 2017

Tanzania: Knauf plans to invest an additional US$5m in a production site in Mkuranga district. The German company has already invested US$10m into the unit, according to the Citizen newspaper. The company started operations in the country in 2014 and it employs over 150 people. It is its first unit in Sub-Saharan Africa.

Zachopoulos Georgios, the managing director for East Africa, said that the subsidiary sources most of its raw materials locally and that it mines gypsum in the south of the country. He added that the company is focusing on promoting regular gypsum boards of 9mm and 12mm and boards of 12.5mm for moisture-resistance and fire resistance for the East African region. It will also offer other products from its portfolio, including related powder, steel sections, screws and tape offerings. The company exports 8% of its production at present and it hopes to increase this to 20 – 30% in the coming years.

Published in Global Gypsum News
Tagged under
  • Tanzania
  • Knauf
  • Plant
  • investment
  • Export
  • GGM35
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