Conférence de Bernard Delvaux

1. Forum Financier de Liège
La durabilité: menace ou opportunité pour l’industrie?
Point de vue d’Etex
Bernard Delvaux
Liège, le 25 octobre 2021

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Agenda
01
02
03
04
The megatrends driving the construction industry
Responding to the climate change at EU level with the Green Deal
Contributing to the world needs with lightweight construction and modular building
How should the authorities support this transition at federal, regional and
European level

3. The megatrends driving
the construction industry

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Climate change
and resource
scarcity
Rapid
urbanisation
Housing
shortage
Changing
regulations
Productivity lag
and skill gap
Ageing
infrastructure
Global trends in the construction industry
The world
Technological
disruption

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Global labor-productivity growth in construction lags far behind
that of manufacturing or the total economy

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The search for talent is particularly fierce in a sector that needs to find
skilled workers for a widening field of hi-tech jobs

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In 2018, 55% of the world’s population lived in cities. By 2050 this will be
68%. People move to the cities to improve their ways of living

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Countries all over the world are facing a housing crisis, with about 1.6
billion people live in substandard housing and 100 million are homeless

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Energy (electricity, heat and transport): 73.2%
• Industry: 24.2%
• Transport: 16.2%
• Buildings: 17.5%
• Unallocated fuel combustion: 7.8%
• Fugitive emissions from energy production: 5.8%
• Energy use in agriculture and fishing: 1.7%
Direct Industrial Processes: 5.2%
• Cement: 3%
• Chemicals: 2.2%
Waste: 3.2%
Agriculture, Forestry and Land Use: 18.4%
Climate change becomes a worldwide concern
The energy sector is the largest contributor to greenhouse gas emissions over any other sector

10. Responding to the climate
change at EU level with
the Green Deal

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Europe’s foremost flagship initiative
The European Green Deal
Launched in December 2019,
the Green Deal is a political
response at EU level to climate
change, an issue on which the
EU wants to take the lead at
global level.
The European Green Deal is a
transformative agenda that
combines policies to tackle
climate change, reverse
biodiversity loss, and eliminate
pollution by moving to a
circular economy.
It is also Europe’s new growth
strategy for the years to come
that will serve as a political
roadmap to make the EU’s
economy climate neutral and
circular while creating new jobs.
It will help decouple economic
growth from resource use
while ensuring that no one is
left behind. This is also called
the “Just Transition”.
The Green Deal is a to-do list of policy initiatives for the Commission to work on during its 2019-2024 legislature, aiming at aligning
all EU relevant pieces of legislation, including in the area of buildings and construction, with the 2030 and 2050 climate targets.

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CLIMATE
ENERGY
CIRCULAR
ECONOMY
The EU will be climate neutral in 2050 and reduce by at least 55% its greenhouse gas
emissions in 2030 compared to 1990 levels. The European Climate Law has turned this
political commitment into a legal obligation and a trigger for investment.
The EU will decarbonize the energy sector as the production and use of energy account
for more than 75% of the EU’s greenhouse gas emissions. The EU wants to reach 40% of
renewable energy in 2030 and reduce primary and final energy consumption by
respectively 39% and 36% by 2030.
The EU aims to accelerate Europe’s transition towards a circular economy by helping
"close the loop" of product lifecycles through greater recycling and re-use, and bought
benefits for both the environment and the economy. Through the revised waste
legislation, the EU wants to encourage reparability, upgradability, durability and
recyclability of products as well as promote energy savings also in the construction
sector.
Objectives of the European Green Deal in a nutshell

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Renovation as a key driver
How the construction industry will contribute to these objectives
• Buildings responsible for 40% of the energy consumption in the EU
• 75% of European buildings are not energy efficient
• 85-95% of today’s buildings will still be in use in 2050
• Double renovation rates in the next ten years
• Renovate 35 million buildings by 2030
Funding opportunities for the construction sector on both national and EU level
Annual investment of €57 billion foreseen + other funding from the carbon market’s revenues
Tackling energy poverty and
worst-performing buildings
Renovation of public buildings
such as schools, hospitals and
public administrations
Decarbonization of
heating and cooling

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Waste and recycling are also key levers
How the construction industry will contribute to these objectives
Sustainable building
environment
Circular design
of buildings
Ensure coherence across relevant policy areas
such as climate, energy and resource
efficiency, management of construction and
demolition waste, accessibility, digitalization:
• Recycled content requirements for
certain construction products
• Digital logbooks for buildings for
increased transparency of supply chains
• Carbon reduction targets and carbon
storage
• Material recovery targets set in EU
legislation for construction and
demolition waste
The proposal is to support the reduction of
waste, the optimization of material use, and
the reduction of environmental impacts of
designs and material choices throughout the
life cycle:
• Durability: building and elemental
service life planning, encouraging a
medium to long term focus on the
design life of major building elements,
as well as their associated maintenance
and replacement cycles
• Adaptability: to extend the service life of
building by facilitating the continuation
of the intended use or through possible
future changes in use – with a focus on
replacement and refurbishment
• Reduce waste and facilitate waste
management of the major building
elements following deconstruction

16. Etex:
Contributing to the world
needs with lightweight
construction

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Selective presence • Local anchorage • Major employer
Etex: an international industrial company
Teammates
> 11,000
Operating
Countries
42
Innovation &
Technology Centres
6
Sites: plants,
quarries, offices.
> 110
Million
revenue
EUR 2,616
Operating Country
Other countries with teammates
Export Country
Technology
Plasterboard
Fibre Cement
Fire Protection
Quarries
Insulation
Plaster & compounds
Offsite/Modular
ITC
Other

18. Our main brands

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High performance insulation
and fire protection solutions
for industrial players
Industry
Safe, sustainable, smart and beautiful living spaces
Our markets
Drywall systems, plasters and
compounds, fibre cement,
passive fire protection and
associated products
Architectural, residential and
agricultural fibre cement
materials
Specialised in offsite building
technologies in both wood and
steel framing
Building
Performance
Exteriors New Ways
• Multi-residential
• Industrial
• Hotels
• Offices
• Sports and leisure
• Healthcare
• Education
• Tunnels
• Energy
• Oil and gas
• Heavy industry
• Fire-rated assemblies &
appliances
• Transportation
• Mid to large-sized buildings
• New build
• Residential houses
• Renovation
• Agricultural buildings
• Multi-residential
• Residential housing

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Faster to install, tested performance, requiring less skilled labour, ready for cradle-to-cradle
Our Thruwall Systems providing a sustainable answer to current challenges
Façade
7
6
5
1
2
4
3
1
2
3
4
5
6
7
Thermal Insulation
Breather Membrane
Carrier/Sheathing Board
Steel Frame System (SFS)
Thermal/Acoustic Insulation
Internal Board
Requirements
• Fire
• Acoustic
• Thermal
• Building Mechanics
• Weathering
• Air Tightness
Other requirements
• Cost
• Time

21. Parco Bellaria
Where
Salerno, Italy
When
2019
Material
50 apartments & 5 terraced houses:
Aquaboard (exteriors), Solidtex
(interiors) intervention plan 8.345 m2,
green areas and 41.000 m2 services

22. Photographer: Camaralucida
Architect: Carlos Gómez
Tuluá Transportation Terminal
Where
Tuluá, Colombia
When
2020
Material
Partitions: 6.350 m2
Plasterboard Gyplac ½ in
offices. Façade: 4.000
m2 Fibrecement
Superboard Nogal 3.05m

23. HAUT
Where
Amsterdam, The Netherlands
When
2020
Material
10,000 m2 PROMATECT-
100, PROMASEAL-AG
and PROMASEAL-A
Photography: Lingotto

24. Renovation & extension of the
Museum of art Hong Kong
Where
Hong Kong
When
2020
Material
EQUITONE [tectiva]
Architectural Services Department
Hong Kong SAR Gorvernement
Picture: Daniel Wong

25. Veterinarian Office
Where
Neupré, Belgium
When
2018
Material
Cedral Alterna – Black –
Double pattern
Architect: AAMM (Atelier
d’Architecture Marie Marcotty)
Photographer: Marcel Van Coile

26. Boxes and laying hen run
Where
Nordhorn, Germany
When
2020
Material
Eternit Profile 6 in
dark grey
Photography: Conné van
d'Grachten

27. Bombardier transportation
Where
France
When
2015
Material
Promat battery case made
of high-performance
insulation
Picture provided by Bombardier
Watch the
video

28. Mondo Marine M41 yachts
Where
Italy
When
2013
Image used with the courtesy of
Mundo Marine
Material
Promat
Acoustic floating floor
Acoustic partition
Sound absorption system
Vibration treatment
Anti condensation treatment
Acoustic and fire insulation on engine room

29. M’Boi Mirim Hospital
Where
Sao Paulo, Brazil
When
2020
Material
Modules composed of steel
metallic structure with closure and
partitions in industrialised wood
frame panels
Watch the
video

30. Pennine Close
Where
Saint Helens, United Kingdom
When
2020
Material
10 built for rent houses,
constructed of custom-made
walling and flooring on steel
framing panelised system
Photography: Osco Homes
Architect: Walker Simpson
Architects

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Offsite building technologies in wood framing to bring beautiful, affordable and high-quality housing to people
Offering 5 modular houses to support the rebuild regions impacted by flooding

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More than 75% of our R&D projects have a positive sustainability impact
30% of our R&D resources directly driven by sustainability
Some Key Innovation focus
• Low carbon product design
• Circular economy-based product offer
• Boosting Disruption initiatives and offsite construction portfolio
Plasterboard technology
Over the last year, we
developed a new patented
dryer which will decrease our
gas consumption by 20%
Fibre-cement technology
Together with starter companies
who have developed a new
product prototype reducing the
CO2 impact of our new boards
by over 30%

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Further embedding waste management & circularity
Goal on Zero Waste: Today we landfill
64,000 tons per year (10 trucks per
day). By 2024, we will reduce our
landfilling by 80%.

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Prevent-reuse-recycle-recover
Since 2011, Etex is the most advanced player for circularity and waste management in Italy
2011 2012
Corfinio waste processing facility
Zero
Waste
Plant
Recycling
PGS Waste Collection Service
2018
CAM Regulation Compliancy
41%
Total
Recycled
Content
8%
Post-Consumer
Recycled
Content
2019
Siniat Range Fully Rated
2021
4.0 M€
Revenue
of Sustainability
Rated Projects
2016

35. Supporting this
transition at federal,
regional and EU level

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Gypsum, an endlessly recyclable material
The importance of mobilizing the entire value chain and creating partnership
• Disposal routes cheaper and easier than recycling routes
• Local regulation on circular economy not favouring the
emergence of gypsum recycling stream
• Lack of demand for sustainable solutions from the
construction market
• Practices on site regarding early sorting not favouring
good quality material
• Lack of traceability and transparency
Recycled gypsum waste in Europe

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Plasterboard Consumption per Capita (m2)
Market penetration of lightweight construction methods
5.2
4.9
4.8
3.0
2.7 2.6 2.6 2.5
1.7
1.3
Nordics UK France Poland Germany Belgium Romania Netherlands Iberia Italy
Despite high levels of construction activity
that inflates the consumption per capita
figure, rate Belgium is rather low.

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Reduced waste and time, reduced CO2 emission thanks to transport optimisation, designed for deconstruction
High-tech offsite modular solutions based on wood and steel framing
Load bearing
structures:
panel
preboarded
offsite
Fully designed &
engineered units
Infill studs &
tracks
assembled
boards &
insulated
offsite
Non bearing
preboard
structures

39. Title
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Mindset
• Prosperity and
sustainability are not
contradictory
• The authority must
define a vision
• The framework and
objectives should be
set at an international
level (at least Europe)
• Respect of the « Level
Playing Field »
A few ideas on how authorities can facilitate / support this transition

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Mindset
• Prosperity and
sustainability are not
contradictory
• The authority must
define a vision
• The framework and
objectives should be
set at an international
level (at least Europe)
• Respect of the « Level
Playing Field »
A few ideas on how authorities can facilitate / support this transition
Regulation
 A readable and stable
legal framework
 No gold-plating
 The application of the
principle of
proportionality and
administrative
simplification
 Provide to sectors a
feasible transition
perspective
 Respect of the « Level
Playing Field »

41. Title
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Mindset
• Prosperity and
sustainability are not
contradictory
• The authority must
define a vision
• The framework and
objectives should be
set at an international
level (at least Europe)
• Respect of the « Level
Playing Field »
A few ideas on how authorities can facilitate / support this transition
Regulation
 A readable and stable
legal framework
 No gold-plating
 The application of the
principle of
proportionality and
administrative
simplification
 Provide to sectors a
feasible transition
perspective
 Respect of the « Level
Playing Field »
Support
 Valuation and
recognition of
voluntary
sustainability-friendly
approaches
 Financing: guarantied
loans, public-private
investments, …
 Public sector as a role
model

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• Europe and Belgium are perfectly positioned to take advantage of the current
worldwide trends, compared to other regions.
• European and Belgian companies can be forerunners and can become world leaders
in industries based on sustainable processes and products.
• This will require a perfect alignment between environmental vision and objectives,
regulations and technological leadership development.
• “Just transition” will only work if environmental, social and economical impacts are
balanced
(Positive) Conclusion

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44. Thank you
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https://www.etexgroup.com