Read our news and press releases

Global megatrends such as resources scarcity, ageing cities or technological evolutions are creating large opportunities for innovative building materials companies like Etex. In 2020, the company launched the New Ways division, focused on offsite lightweight and modular building solutions, to contribute to these challenges. Etex allocated a revenue stream to explore various options, resulting in the acquisition or participation in joint ventures of 9 companies.

Etex, the lightweight construction pioneer, is acquiring Skamol, a manufacturer of high temperature insulation materials. This acquisition further consolidates Etex’s portfolio of sustainable solutions in a market that is strongly supported by the need for energy efficient insulation products and solutions. Skamol and Etex - through its passive fire protection and high-performance insulation business - are complimentary in terms of products and geographies, allowing the combined organisations to broaden their offering in high-temperature insulation for building and industrial applications. This acquisition is subject to customary closing conditions.

For the fifth year in a row, Etex achieved new record performance across the board, including in revenue, REBITDA and net recurring profit while setting another major milestone with its Road to Sustainability 2030 commitments

Decarbonisation is one of the five priority areas defined by Etex in its Road to Sustainability 2030 commitments. The company decided to take part in the First Movers Coalition, a World Economic Forum initiative, to pave the way for the decarbonisation of industries.

To face our world’s critical needs for sustainable and qualitative living spaces, global building material manufacturer and pioneer in lightweight construction Etex further pledges to be an agent of change in the sustainable building sector. Next to its intrinsically sustainable portfolio, Etex is doing more by setting clear ambitions for the next eight years across five priority areas: health, safety and well-being; decarbonisation; circularity; diversity, equity, and inclusion; and customer engagement.

In the first half of 2022, like many other industrial players, Etex had to cope with significant raw material and energy price inflation in the context of post-COVID disruptions and volatility and the war between Russia and Ukraine. To face this situation, we had to implement a number of price increases. Our volumes and margins have been impacted, but these measures allowed us to achieve a positive evolution of both top line and bottom line.