For Tambour: The gypsum market brings in more players

The gypsum market for the construction industry is on its way to undermining the control of Tambour and Orbond: Carmit Mr. Peaks and Cement are investing in the establishment of factories for the production of gypsum boards. The two are taking the move against the background of the expectation of a significant increase in the volume of construction projects in the next two decades and the trend of moving from “wet” cement-based works to “dry” works with gypsum boards.

Carmit Mr. Peaks, of the Inrom Industries Group, which manufactures adhesives, plaster and sealing products for the construction and renovation industry, will invest about NIS 190 million in establishing a factory for the production of gypsum boards. The plant will be built in the industrial area of ​​Pardes Hanna, next to the existing plants of the company and the sister company Itung, will be spread over about 20 dunams and will have a production capacity of 23 million square meters of gypsum boards per year. And dedicated profiles for gypsum works.

Mr. Peaks CEO Tommy Hardy told Calcalist that the plant will start supplying produce in the second half of 2024, and in the first phase will employ about 70 workers. For demand, ”Hardy said.

But rather That the developing gypsum market Winks not just at Mr. Peaks. Simant, a subsidiary of Israel Shipyards, owned by Sami Katsav, Shlomi Fogel and the Schmelzer family, is also in the process of establishing its own plant for the production of gypsum boards with an investment of about NIS 100 million. Cement’s gypsum plant will be established in Haifa, will employ about 100 workers and is expected to start operating in 2023. It produces about 20 million square meters of gypsum boards a year, as well as ancillary complementary products, and will be owned by Israel Shipyards (95%) and Eyal Hecht (5%), who serves as CEO of Cement, which previously led the establishment of Tambour’s gypsum operations and managed Her for eight years.

Cement was established in 2016 for the purpose of importing cement to Israel, mainly from Greece and Turkey. Its activities led to the breaking of the long-standing monopoly of the Israeli cement manufacturer Nesher. In the past, Cement stated that it intends to lead to a consumer and technological revolution in the Israeli gypsum market as well, similar to the revolution that has taken place in recent years in the cement market.

Mr. Peaks and Cement are blown away by the two main and veteran actresses who control it: Tambour, through its subsidiary Tambourd, and Orbond, which is owned by the German concern KNAUF.

According to estimates by construction industry sources, the Israeli gypsum board market consumes about 40 million square meters of gypsum boards and rolls about a billion shekels a year. Tambour and Orbond control 80% of the market, and 20% of it is based on gypsum boards imported mainly from Turkey. The market’s annual growth potential is estimated at about 10%, and it includes the gypsum plaster market, to which the major manufacturers Orbond and Tambour together supply about 150,000 tons.