US: USG’s operating profit fell by 7% year-on-year to US$367m in 2017 from US$394m in 2016. Its net sales rose by 6% to US$3.2bn from US$3.02bn. In the fourth quarter the company reported that wallboard volumes in the US increased approximately by 14% while prices declined by 4% year-on-year. It made a net loss of US$95m in the quarter, in part due to a US$138m income tax expense resulting from the Tax Cut and Reform Bill.

“We had an outstanding close to a solid year for USG. The combination of focused operational performance by our manufacturing facilities and a high level of service to our customers enabled us to profitably grow our business, with net sales increasing by 13% and adjusted operating profit by 10%,” said Jennifer F Scanlon, president and chief executive officer of USG.

Canada: The British Columbia government has granted an environmental assessment certificate for a 0.4Mt/yr opencast gypsum mine in West Kootenay proposed by CertainTeed Gypsum Canada. Construction of the project is expected to cost US$19m, according to the Canadian Press. Gypsum from the mine will be used to manufacture gypsum wallboard, cement and plaster products.

India: Pierre-Andre de Chalendar, chairman and chief executive officer of Saint-Gobain, has inaugurated the company’s Jhagadia 30Mm² gypsum wallboard plant in Gujarat. The plant is the largest wallboard plant in the country. Saint-Gobain’s local subsidiary, Gyproc, operates three other plants in Haryana, Maharashtra and Karnataka.

Uzbekistan: Knauf Gips Bukhara has suspended production of gypsum wallboard at its plant in Bukhara until 1 March 2018 while it builds a new production line. The upgrade is planned to increase the unit’s production capacity by 30%. It was originally scheduled for completion in 2017. Knauf has spent Euro40m on the project.