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USG once again declared bankruptcy on June 25, 2001, under Chapter 11 to manage the growing asbestos litigation costs. USG was the eighth company in an 18-month period that was forced to utilize Chapter 11 to resolve asbestos claims. In the prior two decades, 27 companies filed for protection under Chapter 11 because of asbestos litigation.
Asbestos insulating board (AIB), also known by the trade names Asbestolux and Turnabestos, is an asbestos-containing board formerly used in construction for its fire resistance and insulating properties. [1] These boards were commonly used in the United Kingdom from the 1950s until production ended in 1980.
Homasote is a brand name associated with the product generically known as cellulose-based fiber wall board, which is similar in composition to papier-mâché, made from recycled paper that is compressed under high temperature and pressure. Homasote contains no adhesives.
In 1939, the U.S. Navy Bureau of Ships made Owens-Corning insulation standard in new warship construction. Warship insulation, called Navy Board, was a permanent form-board insulation covered with woven continuous fiber cloth. Owens-Corning produced a prototype boat hull constructed of fiber glass-reinforced plastic in 1944. [11]
The company was founded in 1920 in Chicago, Illinois as a subsidiary of Philip Carey Corporation, to manufacture its namesake product Celotex insulation board, often called simply Celotex. Celotex is a fiberboard made from bagasse (sugar cane waste after extraction of the juice), first produced in a factory in Marrero, Louisiana , outside of ...
Rigid panel insulation, also known as continuous insulation [13] can be made from foam plastics such as polyisocyanurate or polystyrene, or from fibrous materials such as fiberglass, rock and slag wool. Rigid panel continuous insulation is often used to provide a thermal break in the building envelope, thus reducing thermal bridging.
Magnesia boards are used in place of traditional gypsum drywall as wall and ceiling covering material and sheathing. It is also used in other construction applications such as fascias, soffit , shaft-liner and area separation, wall sheathing, and as tile backing (backer board) or as substrates for coatings and insulated systems such as finish ...
A new board of directors was established in 1983, with Samuel J. Heyman stepping into the roles of Chairman and CEO. [10] In 2007, GAF merged with Elk Corporation, a manufacturer of asphalt felts and coatings. [11] In 2011, GAF became the first roofing manufacturer to offer a Lifetime Limited Warranty on all laminated shingles. [5] [6]
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