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September 01, 2015 6:31 AM ET

Building Products

Company Overview of Etex S.A.

Company Overview

Etex SA manufactures and sells building materials worldwide. The company operates through four segments: Cladding and Building Boards; Roofing; Fire Protection and Insulation; and Ceramic Tiles. The Cladding and Building Boards segment provides fiber cement cladding boards under the Equitone, Superboard, Tonality, and Cedral brands that are used for the facades of houses or buildings, such as offices, schools, or hospitals; and gypsum boards under the Siniat, Superboard, Hydropanel, Gyplac, and Durlock brands. The Roofing segment offers small roofing elements, including fiber cement slates, and clay and concrete tiles; and large roofing elements used in agricultural and residential building ...

Avenue de Tervueren 361

Brussels,  1150


Founded in 1905

16,222 Employees


32 2 778 12 11


32 2 778 12 12

Key Executives for Etex S.A.

Chief Executive Officer and Director
Chief Financial Officer
Age: 53
Head of Latin America Division
Head of European Building Materials Division
Head of FPI Division and Asia Pacific & Middle East Region
Compensation as of Fiscal Year 2015.

Etex S.A. Key Developments

Etex Announces Board Changes

Etex S.A. appointed Caroline Thijssen, Guillaume Voortman and Paul Van Oyen as new members to its board of directors. In addition, three members left the Board: Marc Nolet de Brauwere, Amaury Pelgrims de Bigard and Philium bvba represented by Philippe Coens. Caroline Thijssen is Head of Talent Banking and Management Dynamics at BNP Paribas Fortis. Guillaume Voortman is Head of Finance and Administration at Tropicore - a trading company for tropical commodities, such as rubber. Paul Van Oyen has been attending the Board meetings since he was appointed CEO of Etex on January 1, 2015. On 27 May, he became a member of the Board in the role of Managing Director.

Etex Announces Executive Changes

Etex announced the appointment of Mel de Vogue as its new CFO. In this role, he will be a member of the building materials group's Executive Committee. The company announced that Mel de Vogue will be succeeding Jean-Pierre Hanin, who currently combines the responsibilities of CFO and Head of Division Siniat. From 1 May, Jean-Pierre will focus exclusively on Siniat, Etex's gypsum division. Mel de Vogue can boast a broad experience in big international industrial groups. He has been the CFO of Belgian chemicals group Tessenderlo since 2009. At Etex, Mel de Vogue will contribute to the strategy execution by leading its Finance function. He will be responsible for Consolidation, Tax, Treasury, Internal Control and Working Capital, and for managing the relationship with the financial institutions. Mel will also head Etex's Shared Service Centres and IT. In his role as CFO, he will join Etex's Executive Committee.

Etex Opens New Plasterboard Plant in Lima, Peru

Etex has opened its new plasterboard plant on the outskirts of Lima in Peru. The company invested EUR 22 million in the factory for Eternit Peru, the construction of which began in May 2014. Eternit Peru has been operating in Lima, the capital of Peru, since 1940. In 1998, the company began commercializing plasterboards, importing them from Chile and Colombia. Totaling EUR 22 million in investment, this factory will produce 12 million square metres of Gyplac plasterboards, every year. Along with its Superboard fibre cement flat sheets, Eternit Peru now ensures the local production of the two main components for dry construction solutions. The new plasterboard production site was built at a strategic crossroads just 39 km from Lima. It covers 20 ha at the Huachipa Este industrial estate.

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