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News Displaying items by tag: Eternit

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Etex’s Huachipa gypsum wallboard plant on track for completion by 2025

26 October 2023

Peru: Nicolás Restrepo, the Andean Region manager for Etex, says that an ongoing upgrade to the Huachipa gypsum wallboard plant is set to be finished by 2025. In an interview with the Gestión newspaper he revealed that the US$31.5m project should be 60% complete by the end of 2023. Once commissioned the upgrade will double the production capacity of the unit.

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Eternit to expand Huachipa gypsum wallboard plant in 2020

11 September 2019

Peru: Eternit plans to start upgrading its Huachipa gypsum wallboard plant in 2020. It wants to start investing in the project in early 2020, according to the El Comercio newspaper. Following the upgrade the plant will double its production capacity by the end of 2021. The subsidiary of Belgium’s Etex wants to benefit from increased usage of wallboard products in the country. It was 0.45m2/capita in 2018 and the company is aiming to increase this to 1m2/capita by 2025.

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Eternit to upgrade gypsum wallboard plants in Peru

08 March 2019

Peru: Eternit plans to upgrade its gypsum wallboard plants at Cercado in Lima and Huachipa. Wallboard consumption is 0.4m2/yr per capita in Peru compared to 2.7m2/yr per capita in Chile, according to the Gestión newspaper. The subsidiary of Belgium’s Etex plans to increase its revenue from wallboard to 50% from 40% at present.

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Mario Loor appointed general manager of Eternit Peru

04 March 2019

Peru: Mario Loor has been appointed as the general manager of Eternit Peru. He will joins a team led by Cristián Montes, General Manager of Latin America, according to Business Empresarial newspaper. Loor has previously worked for Kimberly Clark Corporation and Chemical Industrial Switzerland.

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Local producers hold 90% of Peruvian market

12 December 2017

Peru: Volcan Peru and Eternit hold more than 90% of the gypsum wallboard market. Jaime Coronel Zegarra, a product manager for Eternit, said that since opening plants in 2013 and 2015 local production has driven off imports,
according to the El Comercio newspaper. He added that per capita consumption of wallboard rose to 0.39m2 in 2017 from 0.20m2 in 2010. Coronel Zegarra expects the market to grow by 8 – 9% in coming years.

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Reconstruction helps Eternit in Peru

08 August 2017

Peru: The local arm of global building materials manufacturer Eternit has recorded a 39% increase in sales in Peru during the first half of 2017 due to greater sales volumes in many of the company's main lines. This includes gypsum wallboard sales and sales of temporary housing modules to the Peruvian State as part of the government's reconstruction of areas damaged by floods in March 2017. While high prices of plaster and fibreglass benefitted the firm in the first half, Eternit expects prices to fall during the second half of 2017.

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Eternit Perú to invest US$7.8m by 2020

17 May 2017

Peru: Eternit Perú plans to spend around US$8.7m towards security, technology and plant productivity by 2020. Over half of this investment, US$4.4m, will be spent in 2017, according to the El Comercio newspaper. The building materials producer intends to double its gypsum wallboard business by 2020 and it has started a new marketing campaign to support this aim. It has recently won a government tender to build 2600 temporary homes using its wallboard system and it also plans to start exporting products to New Zealand in the short term.

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Production at Eternit’s Peruvian plant hit by El Niño

19 April 2017

Peru: Production at Eternit's gypsum wallboard plant in Lima has been disrupted by extreme weather related to the El Niño cycle. Production of the Gyplac drywall brand was affected when the district the factory is in flooded in late March 2017, according to the El Comercio, newspaper. The flooding also hit the company's logistic network.

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Eternit to re-launch marketing in Peru

03 October 2016

Peru: Eternit plans to re-launch its image to better target the local construction sector. The aim of the marketing re-launch is to increase sales of gypsum wallboard and fibre cement the country, according to an interview with CEO Fegale Manzur in the Gestion newspaper. The two lines represent half of the company's sales driven by its US$77m Huachipa plant that was built in 2015.

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Eternit inaugurates new wallboard plant in Peru

17 April 2015

Peru: Etex's Eternit aims to double Peru's demand for wallboard construction systems, having invested some US$35m in its new, modern plant on the Huarochiri industrial estate in Lima, which was inaugurated recently.

The new plant will produce 12.2Mm2/yr of wallboard. National demand for wallboard in Peru is 10Mm2/yr, although this segment is growing at an estimated annual rate of 20%/yr. Eternit is already looking at a first expansion in 2020. The company will now focus on the residential sector, where there is huge potential for growth. Consumption of wallboard systems per capita ranges between 6m2 and 8m2 in developed countries, compared to 2.8m2 in Chile, 0.6m2 in Colombia and <0.3m2 in Peru. Eternit aims to double this figure by 2018 or 2019. Currently, excess wallboard production from Peru is exported to Ecuador and northern Chile, where there is higher wallboard demand.

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