Displaying items by tag: cement boards

US: Saint-Gobain has signed an agreement for the sale of its US-based fibre cement siding business to Plycem USA, a subsidiary of Elementia of Mexico. The transaction is expected to be finalised in the first quarter of 2014, subject to standard closing conditions.

The business is part of Saint-Gobain's Exterior Products activity of the Construction Products Sector. It manufactures and sells fibre cement siding, trim and accessory products for the US and Canadian residential and commercial construction markets. The business employs close to 250 people and has three US production sites at Roaring River, North Carolina, Terre Haute, Indiana and White City, Oregon.

Philippines: Thailand-based Siam Cement Group seeks to put up a manufacturing facility for fibre cement boards, smart boards and ceramic tiles, The Nation reports. These planned projects would cater to not only the domestic market but also SGC's markets across the Asean nations.

"If the products are marketable here, we plan to produce those products here. Investments would depend on market size. For example, for fibre cement board, we need (to be able to sell at least) 5Mm² to (justify the cost of putting up a facility). The current local demand is 30Mm²," said Surasak Kraiwitchai-charoen, international business director of SCG Building Materials Group in Thailand.