Industrial Minerals


US Gypsum Corp. posts increase in Q2 profit, despite 'weak demand'

26 July 2012

by Siobhan Lismore

Gypsum board company eyes India as emerging market; aims to reduce costs

Keywords: USG Corp., US Gypsum Corp., gypsum, Zawawi Group of Oman, India

 

US Gypsum Corp. today announced a Q2 2012 operating profit of $31m, up from a loss of $21m in the corresponding period the previous year.

Sales also increased, to hit $825m, up 8% year-on-year, the company, which is the leading US-supplier of gypsum wallboards, said.

“We are...