Market News
Global Cement Board Market: Key Developments
- In October 2020, Knauf Group a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, acquired USG Boral in Australia and Asia Pacific. The acquisition includes gypsum wallboard-based businesses in Australia, New Zealand, Asia, and the Middle East. USG Boral is well-established leading manufacturer and supplier of advanced building materials in India, Malaysia, the Philippines, and Singapore, and this acquisition will create the world’s largest gypsum company.
- In July 2023, Johns Manville machine operator Ersal Yüksel devised an innovative solution after noticing that the dryers on the glass nonwoven machines continued to operate even during brief halts. Yüksel proposed switching the energy-intensive circulating air fans of the dryers to standby mode in such instances.
- In January 2021, Sahyadri Industries a well-known group in Building Material Industry based at Pune, launched Ecopro-S3 multi-use fiber cement in the Kerala market. Since the production facility at Perundurai in Coimbatore has a capacity of roughly 13,000 tonnes, the company plans to increase the new product’s production there. Also Shyadri Industries has an existing manufacturing facility in Vijayawada.
- In June 2020, Cembrit a distributor and manufacturer of fibre-cement products in Europe, announced the launch of Patina Rough, a distinctive through-colored cladding board with a sandblasted texture that provides board a lovely, stone-effect appearance. With its directed surface of the particles, Patina Rough compliments the original Patina to provide architects and specifiers with a desirable selection of quality paneling for a wide range of exterior applications.