Market News
Recent Developments
New product launches
- In January 2022, Knauf Gips KG launched its new product line of ultra-lightweight floor screeds, named Ultraflor. These screeds reduce construction time and costs due to their low thickness and weight. Knauf Group is a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, founded in 1932.
- In June 2021, LafargeHolcim launched its new water-repellent construction plaster Systaic AirPlus, which improves indoor air quality through its high moisture buffering capacity. The Holcim Group, legally known as Holcim Limited, is a Switzerland Swiss multinational company that manufactures building materials. It has a presence in around 70 countries, and employs around 72,000 employees.
- In March 2020, Yoshino Gypsum announced the launch of its new fire-resistant gypsum boards with improved sound absorption and flame retardant properties. Yoshino Gypsum Co., Ltd., founded in 1937 and headquartered in Tokyo, Japan, is a manufacturer and supplier of building materials made from gypsum.
Acquisition and partnerships
- In October 2022, Saint-Gobain acquired Global Gypsum Company, a leading gypsum wallboard manufacturer in Sub-Saharan Africa. This expanded Saint-Gobain’s footprint in the African market. Compagnie de Saint-Gobain S.A is a France-based multinational corporation, founded in 1665 in Paris and headquartered on the outskirts of Paris, at La Défense and in Courbevoie.
- In December 2021, USG Corporation partnered with GE Renewable Energy to develop gypsum products using synthetic gypsum produced as a byproduct of flue gas desulfurization systems. USG Corporation, also known as United States Gypsum Corporation, is a U.S.-based company which manufactures construction materials, most notably drywall and joint compound. The company is the largest distributor of wallboard in the U.S. and the largest manufacturer of gypsum products in North America.
- In January 2020, Etex acquired Pladur, Spain’s leading manufacturer of plasterboards and gypsum products. This strengthened Etex’s position in the European calcium sulphate market. Etex NV (Etex) is a manufacturer of building materials and systems. It manufactures products such as tiles, plaster building boards, paints and coatings, fire protection, slates, roof elements, corrugated sheets, fire-stopping products, exterior building designing materials, and modular building systems. Pladur Gypsum SA is a Spanish company that specializes in manufacturing building materials, particularly gypsum products. The company was founded in 1979 and is headquartered in Madrid, Spain.
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