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Annual Report 2014

This is the 2014 annual report of Etex Group

This is the 2014 annual report of Etex Group

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Activity report<br />

Ceramic tiles<br />

2.4<br />

Ceramic tiles<br />

In <strong>2014</strong>, every market<br />

in Latin America came<br />

with its own set of<br />

challenges. This was<br />

also the case for Etex’s<br />

ceramic floor and wall<br />

tiles: a business that<br />

posted mixed results<br />

across the continent, yet<br />

performed excellently<br />

in Colombia. Through<br />

pioneering innovation,<br />

we managed to maintain<br />

our competitive edge.<br />

ppA bathroom decorated with<br />

Deco Antique Mix tiles from<br />

Cerámico San Lorenzo. Picture<br />

provided by San Lorenzo Colombia.<br />

Ever since the early 1990s, Etex has been<br />

supplying ceramic floor and wall tiles to<br />

the Latin American market. Starting from<br />

Chile, we gradually expanded to also cover<br />

Argentina and Peru. And more recently, in<br />

2012, we set up a base in Colombia.<br />

Up-to-date production facilities<br />

Up until now, our factory in Colombia had<br />

one production line. We opened the second<br />

one in <strong>2014</strong>. At our Peruvian factory, three<br />

production lines manufacture ceramic tiles<br />

for the local and Chilean market, where we<br />

do not have a production facility. Finally,<br />

our 4 factories in Argentina operate six<br />

production lines, while a smaller factory in<br />

Mexico serves the US market.<br />

Today, the ceramic tile capacity of Etex<br />

enables us to secure prime market shares<br />

in each of our distribution markets. Etex,<br />

backed by our renowned brands Cordillera<br />

and San Lorenzo, is perceived by Latin<br />

American markets as a premium supplier of<br />

quality ceramic floor and wall tiles.<br />

Where trends meet innovation<br />

Ceramic tiles are popular floor and wall<br />

42

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