ETX-10829_Etex-AR2017_WEB_2018_DEF2 (2)
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2.4<br />
Activity report<br />
<strong>Etex</strong> Industry<br />
<strong>Etex</strong> Annual Report 2017<br />
Activity report<br />
<strong>Etex</strong> Industry<br />
<strong>Etex</strong> Industry<br />
<strong>Etex</strong> Industry offers thermal insulation and fireproofing products<br />
and systems for industrial applications. The division caters to the<br />
highly-specialised needs of original equipment manufacturers<br />
(OEMs), and the transportation, marine, petrochemical, heavy<br />
industry and renewable energy sectors. In 2017, <strong>Etex</strong> Industry posted<br />
sales of 164 million euro, compared to 152 million euro in 2016.<br />
A sharp focus to meet<br />
high demands<br />
Responding to<br />
global trends<br />
2017 marked a year of robust organic<br />
growth for <strong>Etex</strong> Industry. Worldwide market<br />
conditions were in our favour, driven by the<br />
following megatrends:<br />
• Urbanisation creates the need<br />
for greater efficiency in the use of<br />
space and energy, along with more<br />
stringent fireproofing regulations.<br />
• Energy efficiency drives demand<br />
for state-of-the-art equipment<br />
insulation and thus the replacement<br />
of existing insulation materials.<br />
• The rise in mass transportation<br />
also boosts demand for our highperformance<br />
acoustic and thermal<br />
insulation and fire protection products.<br />
Revenue growth in 2017 was also thanks to<br />
a gain in market share and a stronger focus<br />
on OEM markets. This was particularly<br />
evident in home construction, where we see<br />
more demand for fire-stopping and thin<br />
vacuum insulation.<br />
qqProcesses used by petrochemical<br />
facilities are extremely energy intensive and<br />
controlling heat loss is critical. <strong>Etex</strong> Industry<br />
provides thin and lightweight insulation for<br />
the complex piping structures and supports.<br />
<strong>Etex</strong> Industry is unique from other <strong>Etex</strong><br />
divisions as it focusses on a broad range of<br />
industrial customers and niche segments.<br />
We tailor our high-performance thermal<br />
insulation and fireproofing portfolio to their<br />
specific needs, backed by an extensive<br />
range of test certificates and a network of<br />
application specialists.<br />
At the core of <strong>Etex</strong> Industry are its products<br />
based on calcium silicate, cementitious<br />
sprays, microporous and intumescent<br />
materials. They are mainly sold under the<br />
brand names Promat and Microtherm.<br />
Thermal insulation<br />
is small or weight considerations are<br />
critical. Typical application areas include<br />
pipe systems in oil and gas refineries, fuel<br />
cells, exhaust systems and the insulation of<br />
furnaces and mechanical equipment.<br />
Fireproofing<br />
Our fireproofing products are used for<br />
diverse applications, from fire doors<br />
and petrochemical sites, to cruise boats<br />
and stayed cable bridge suspensions.<br />
Their physical and mechanical<br />
characteristics also make them well-known<br />
references among original equipment<br />
manufacturers (OEMs).<br />
Our thermal insulation products are<br />
high-performance solutions made to<br />
enhance energy efficiency. Our materials<br />
are used when the need for temperature<br />
management is high, the space to insulate<br />
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