Etex in the news

Eternit has cautiously restarted production following a temporary shutdown prompted by 95 announced layoffs, while actor Rik Verheye experiences the public's reactions to his famous roles, often correcting their imitations.

Eternit cautiously resumed production after a temporary halt, as unions and management negotiate to mitigate 95 planned layoffs and gather information for a social plan.

Etex Ireland plans to stop metal forming at its Athy facility to focus on fibre cement manufacturing due to market conditions and investment needs.

Eternit, part of Etex, faces job cuts for 95 employees in Belgium, leading to emotional distress among staff and urgent consultations.

Eternit's Goor plant faces 57 job cuts as it plans to cease fiber cement corrugated sheet production by January 2027 and convert into a coating and logistics center.

Etex Ireland plans to close its metal forming operations in Athy by December 2026, risking around 20 jobs due to market competition and unsustainable investment requirements.

Eternit, part of Etex, is planning to cut 95 jobs at its Kapelle-op-den-Bos site due to challenging market conditions and aims to enhance long-term competitiveness.

Eternit is threatening 95 jobs in Kapelle-op-den-Bos due to overcapacity in the European fiber cement market and increased non-European competition.

Etex is cutting nearly 100 jobs at its Eternit plant in Kapelle-op-den-Bos and moving some production to Lithuania and China.

Etex manufactures and sells building materials globally, offering a compelling dividend profile with a 7.69% yield, stable dividends over the past decade, and strong earnings growth.

Etex Tisselt implemented a water management plan to reduce water consumption by 28%, mainly by reusing rinse water and optimizing demineralized water production, aiming for a 30% reduction by 2030.

Siniat decreased the carbon intensity of its plasterboard by 5% following a £170m production line upgrade and operational improvements, aligning with Etex's broader emission reduction targets.

Etex's H1 2026 revenue grew by 4.9% and cash flow by 8.8%, driven by strong global demand, though France and the UK lagged.

Etex reported increased revenue and operating cash flow, with reduced debt, despite global uncertainties and varied market performances.

Etex Building Performance appoints Si Gibson as technical director to expand testing and uphold technical standards in construction manufacturing, focusing on fire safety and industry collaboration.

Etex NV's global employee count is projected to reach 13,104 by March 2026, marking a 2.2% increase from 2023.

Etex Building Performance appointed Si Gibson as Technical Director to enhance testing and standards for its Siniat and Promat brands.

Etex is investing AUD 44 million to upgrade its Australian plasterboard manufacturing network, aiming to increase capacity and efficiency to meet growing market demand.

Flanders is resuming legal proceedings against Eternit for its asbestos legacy, ending compensation negotiations and preparing a criminal complaint.

The Flemish government ended talks with Eternit and Etex and is taking legal action again, seeking more money for asbestos removal in Flanders.