Global Gypsum
High-Tech Solutions For Gypsum Processing Have A Name - Grenzebach
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News Displaying items by tag: Etex

Gypsum industry news

Subscribe to this RSS feed

Etex becomes sole shareholder of Pladur

16 January 2018

Spain: Etex has become the sole shareholder of Pladur following the completion of a deal to buy all the remaining shares from Coemac. The deal was first announced in July 2017 and following customary closing conditions it closed on 22 December 2017. Pladur operates one gypsum wallboard plant near Madrid and it has been building a second plant at Gelsa that was due to open in mid-2017.

Published in Global Gypsum News
Read more...

Grupo Etex to invest US$77m in production activities

12 October 2017

Colombia: Grupo Etex is projected to invest US$77m in its production activities. 50% of the funds will be used to increase productivity, with 25% allocated to innovation and further 25% invested in safety and maintenance. According to the manager of Grupo Etex, Mauricio Lopez, the company will focus on rural housing in Colombia, the demand for which continues to grow thanks to the recent peace agreement and development of the agricultural industry.

Furthermore, Lopez anticipates a growth in exports to Venezuela and Ecuador, as well as the Caribbean and Central American regions in 2018, motivated by the recent devastation caused by a series of hurricanes. Currently, Grupo Etex is experiencing a strong demand from Puerto Rico, especially for Superboard cement panels and gypsum wallboard.

Published in Global Gypsum News
Read more...

Gyplac to rebrand as Grupo Etex

05 October 2017

Colombia: Gypsum wallboard producer Gyplac and cement producer Skinco Colombit will rebrand as Grupo Etex. The group also has investments worth US$77m planned over the next five years, according to Dinero magazine. The company holds a 12% share of the building materials market locally.

Published in Global Gypsum News
Read more...

Etex to grow stake in Pladur

25 July 2017

Spain: An agreement has been reached to make Etex the majority shareholder of Pladur, a Spanish manufacturer of gypsum products. Spanish sector peer Coemac currently owns 59.31% of the company, while Etex holds the remaining 40.69% of the shares. The agreement, which is subject to customary closing conditions, provides for the sale by Coemac of 35% of the shares to Etex, with an option for Coemac to transfer the remaining 24.31% in 2020. Closing of the transaction is expected to take place in December 2017.

Published in Global Gypsum News
Read more...

Etex wallboard division revenue holds steady in 2017

30 March 2017

Belgium: Revenue from Etex's Building Performance division rose slightly to Euro1.44bn in 2016 from Euro1.43bn in 2015. The division produces gypsum wallboard as well as fibre cement boards and other dry construction materials. The group said that it had posted sound results in 2016, particularly in Europe, its largest market, where it performed within expectations.

However, the company's overall revenue fell by 5.6% year-on-year to Euro2.88bn from Euro3.05bn. It blamed this on the sale of its ceramics floor and wall tiles business in Latin America and unfavourable exchange rates. On a like-for-like basis it said that its revenue rose by 1.5% in the period. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 10.4% to Euro404m from Euro366m.

Published in Global Gypsum News
Read more...

Etex revenue falls by 2.8% to Euro1.48bn in first half of 2016

30 August 2016

Belgium: Etex's sales revenue has fallen by 2.8% year-on-year to Euro1.48bn in the first half of 2016 from Euro1.52bn in the same period in 2015. However, on a like-for-like basis the group said that its revenue rose by 2.6% when exchange rates and scope were taken into account. Its profit fell by 12% to Euro55m from Euro63m.

The group reported that markets in Germany and France remain weak due to manufacturing capacity being downsized. In Latin American countries growth was realised with the exception of Brazil. The profitability of this growth was under pressure from exchange rates and increased competition.

Published in Global Gypsum News
Read more...

Gebr Pfeiffer to upgrade vertical roller mill at Siniat Hartershofen plant

20 July 2016

Germany: Gebr Pfeiffer will build a MPS 160 B vertical roller mill at the Siniat Hartershofen gypsum wallboard plant. The mill will replace the existing Pfeiffer MPS 125 A at the site. The new mill will be set up in an annex next to the old grinding plant and the majority of the existing equipment will be reused.

The scope of services comprises delivery of the mill, adjusting equipment including a hot gas generator, process ducting, electrics, buildings and foundations, including installation and connection works as well as integration into the existing process. Switch-over and commissioning of the grinding plant is planned for December 2016.

Published in Global Gypsum News
Read more...

Etex Group to invest US$77m to expand production in Colombia

27 June 2016

Colombia: Etex Group intends to invest US$77m in its Colombian production plants in the next few years. Currently, the firm operates on the local market through gypsum wallboard producer Gyplac and cement producer Skinco Colombit. The expansion plans are expected to create up to 1000 direct and indirect jobs accord to the Portfolio newspaper.

Published in Global Gypsum News
Read more...

Siniat, Promat and EOS Facades join forces to create Etex Building Performance UK

14 April 2016

UK: Etex Group has merged Siniat, Promat and EOS Facades to create Etex Building Performance UK. The new division will combine technical knowledge and research and development resources in the dry construction sector. Etex intends to create new products aimed at reduced installation times whilst catering to specifiers' requirements.

The division will employ over 500 people, with production sites in Bristol, Yorkshire and County Durham. It will be led by Neil Ash, the managing director of Siniat UK, who will become Head of Etex Building Performance UK. Each company will continue to trade separately in the UK as Siniat, Promat and EOS Facades.

"Our vision is singular - to be the leading expert in dry construction, concentrating our efforts on creating solutions for the buildings of tomorrow. The three brands within Etex Building Performance complement each other and are well known for their innovation, high-quality manufacturing and technical know-how," said Ash.

Siniat produces drywall products and Promat specialises in passive fire protection. Siniat acquired EOS Facades, a provider of Steel Frame Systems, on 8 April 2016,

Published in Global Gypsum News
Read more...

Etex board sales rise by 5% to Euro1.44bn in 2015

14 April 2016

Belgium: Etex's cladding and building board sales revenue rose by 5% year-on-year to Euro1.44bn in 2015 from Euro1.38bn in 2014. It attributed the growth to a strong market in the UK, stabilised performance in construction markets in Germany and the Benelux region and recovery in most of South America.

Overall the company reported that its revenue rose by 2.3% to Euro3.05bn from Euro2.99bn. However, its profit fell by 60% to Euro37m from Euro95m. This was attributed to restructuring in Argentina, France and Germany and impairment charges. The cladding and building board business represents 47% of Etex's building products portfolio. It built three gypsum wallboard plants, in Peru, Brazil and Romania, in 2015.

Etex expects to achieve modest growth in revenue and profit in 2016.

Published in Global Gypsum News
Read more...
  • Start
  • Prev
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • Next
  • End
Page 5 of 8
Moisture measurement for all process locations - Sensortech Systems, Inc.
ACS Mixers - Get The Right Mix - See Our Mixers
“Airscape - The new sealing standard for transfer poits in conveying systems
Global Gypsum Monthly Sign up
Global Gypsum Twitter
Global Gypsum LinkedIn
Acquisition Appointment Australia Belgium Boral Canada China coronavirus Eagle Materials Etex Export France Germany government Gypsum India Knauf Plant Recycling Results Russia SaintGobain Spain UK Upgrade US USA USG USG Boral Wallboard
« January 2023 »
Mon Tue Wed Thu Fri Sat Sun
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Links
  • Awards
  • Back issues
  • Subscribe
  • Register for free copies
  • The Last Word
  • Conferences >>
  • Global Ash
  • Global CemBoards
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global ConChems
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Websites >>
  • Global Cement
  • Global Slag
  • Cem Fuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online

© 2023 Pro Global Media Ltd. All rights reserved