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The growth of the construction industry across the world has increased the demand for decorative structures and drywall which has propelled the demand for synthetic gypsum. Furthermore, the use of synthetic gypsum as a filler in the cement production process bolsters the growth of synthetic gypsum market.
Based on application, the synthetic gypsum market is segmented into drywall, cement, soil amendment, dental, water treatment, and others. Drywall is one of the most common form of finish wall sheathing. The drywall is basically made of gypsum plaster, which has been stuck between two thick layers of paper and provides a smooth finish to the wall.
15 PSUs register profit of Rs 3,149 crore in 2019-20 ANI | Updated: Jan 20, 2021 21:15 IST
Thiruvananthapuram (Kerala) [India], January 20 (ANI): Amidst the COVID-19pandemic, 15 Public Sector Undertakings (PSUs) under the Kerala Industries Department had registered a profit with a consolidated turnover of Rs 3,149 crore during the 2019-20 financial year.
As per a statement from the Industries Department, the Kalavoor based Kerala State Drugs and Pharmaceuticals Limited (KSDP) is at the forefront, which opted for business diversification and focused on the manufacture of sanitisers during the first phase of Covid outbreak in the State.
KSDP achieved a record profit of Rs 7.13 crore in 2019-20 with a turnover of Rs 100 crore.