Report measures fiber cement market gains at vinyl siding expense

Source: The Freedonia Group, Cleveland

Fiber cement siding demand is forecast to grow 3.3 percent per year, to 2.1 billion square feet by 2022, and support sales volume that continues to outperform that of most other siding products. Led by Elementia, James Hardie and Nichiha, the market for fiber cement siding and companion building products will reach $1.6 billion in 2022, reflecting price increases and a shift to higher value offerings. These and other trends are presented in “Fiber Cement in the US, 3rd Edition,” a new study from market researcher Freedonia Group.

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Headwaters enters concrete roof tile market Via Entegra

Utah-based Headwaters Inc. has closed on separate transactions involving an 80 percent equity interest in Okeechobee, Fla.- based Roof Tile Inc., which produces and markets Entegra brand concrete lines in Florida and Caribbean markets, plus a 40 percent stake in a related joint venture behind Tag & Stick, a roofing underlayment product.

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Three-plant Saint-Gobain deal adds fiber cement siding to Plycem trim business

Sources: Saint-Gobain, Paris; CP staff

Saint-Gobain anticipates a first quarter 2014 closing on the sale of its Roaring River, N.C., Terre Haute, Ind., and White City, Ore., fiber cement siding facilities to Alpharetta, Ga.-based Plycem USA Inc., which distributes fiber cement trim sourced from a Costa Rica plant.

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Mexico joint venture aligns Lafarge with world’s top wealth holder

Sources: Lafarge S.A., Paris; CP staff

Lafarge will boost its cement production stake south of the border in partnership with Elementia, a consortium whose holdings include concrete pipe and fiber cement siding businesses in Mexico, plus a cement mill under construction in the country’s central region. A joint venture will span a) Lafarge plants in Vito and Tula, with combined output near 1 million metric tons; and, b) the new mill, with which Elementia was chartering Cementos Fortaleza, whose capacity slightly exceeds the sister facilities’ total.

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