ANNUAL REPORT 2013

The stability in demand for chrysotile led Eternit to maintain its strategy of operating at full capacity. On its finished products line, production accompanied the pace of demand. Capacity utilization stood at approximately 80% in the fiber-cement operation and 60% in the concrete roofing tile operation.

80% capacity utilization in the fiber-cement operation

60% capacity utilization in the concrete roofing tile operation

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Chrysotile asbestos

Total sales of the mineral amounted to 286,500 metric tons, decreasing 5.6% from 2012. Responsible for 100% of chrysotile sales in the Brazilian market, Eternit grew by 8.4% in this market in 2013, which offset the contraction of 19.6% in the export market, due to the shipments not made in December due to problems posed by the complexity of the logistics process.

With annual production capacity of 300,000 metric tons, the subsidiary SAMA maintained its 15% share in the world chrysotile market.

Fiber-cement

With annual production capacity of 1 million metric tons, Eternit maintained its leadership in Brazil’s fiber-cement market in 2013, with market share of 31%. In the period, sales of fiber-cement, including construction solutions, amounted to 828,000 metric tons, or 5.4% more than in 2012, mainly due to the competitive advantages of these products in the roofing segment.

Concrete roofing tiles

With annual production capacity of 10 million square meters, Tégula is a leader in Brazil’s concrete roofing tile industry, with market share of 30% in 2013. Sales volume amounted to 5,341,000 square meters, decreasing 4.9% from 2012, due to the weaker demand from the high-end roofing segment.

Chrysotile sales (‘000 metric tons)*		Fiber-cement sales (‘000 metric tons)		Concrete roofing tile sales (‘000 m2)
* Includes intercompany sales.				* Tégula was acquired on Feb. 11, 2010. The 477,000 m2 were not consolidated into Eternit.

Other products

A leading brand in bathroom chinaware in the Brazilian market, Eternit is preparing to start in-house production of these products in 2014. On a smaller scale, the Group also sells metal bathroom and kitchen fixtures, toilet seats and metal roofing tiles.