Etex-AR2017-WEBSITE

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