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ASI Industries Announces Sale of Engineered Stone Division

Posted on 13 August 2021 by cradmin

ASI Industries Limited, an Indian stone mining and quarrying company, announced its intention to sell its engineered stone business to Marudhar Rocks International. The parties have signed a memorandum of understanding (MoU) for defining the main terms agreed upon, which will be used as the basis of a definitive agreement.

The deal has been approved by ASI Industries’ board of directors and is expected to close by March 2022. However, it is still subject to shareholders’ and lenders’ approvals and other statutory and contractual approvals.

As per the MoU, Marudhar Rocks International will also take on the debt of ASI Industries’ engineered stone business. The Tamil Nadu-based granite supplier will also take in all current employees of the business.

ASI Industries said that it will continue with its business of Kotah and other natural stone businesses. Deepak Jatia, CMD of ASI Industries commented, “The transaction was a bittersweet one for ASI as a company. While we were fully focused on developing the Engineered Stone Division as the next segment of growth, the conclusive benefits from the transaction were reason enough to enter into an agreement with Marudhar Rocks. The transaction helps us pare down our debts and become a zero-debt company in the near future. Going forward, we are committed to building on our Kotah stone business, and should there be an opportunity to move into some adjacencies, we will keep the investors informed.”

You may also be interested in this article: Architectural Surfaces Group Announces Strategic Rebranding

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AG&M, Pental Surfaces and Modul Marble rebranded as 
Architectural Surfaces

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Architectural Surfaces Group Announces Strategic Rebranding

Posted on 23 July 2021 by cradmin4

Architectural Surfaces Group, an importer and distributor of natural stone, engineered stone and tile for residential and commercial applications, announced the strategic rebranding of its regional brands AG&M, Pental Surfaces and Modul Marble as Architectural Surfaces.

The new name leverages the company’s national presence to provide brand clarity and streamline the customer experience for fabricators, architects and interior designers working in both the residential kitchen and bath and commercial construction industries. Customers now have the clarity and ease of engaging with one brand across the 20-plus U.S. markets Architectural Surfaces serves rather than three brands that varied by region.

With Architectural Surfaces, fabricators and designers will continue to enjoy a deep inventory of globally sourced materials, a robust national distribution network and industry experts who understand the unique needs of their market.

“In consolidating under the Architectural Surfaces brand, we brought together the core elements of each regional brand’s DNA just as we are bringing together our employee and customer base to form a stronger national brand.” says Patrick Dussinger, President of Architectural Surfaces.

You may also be interested in this article: TCNA Releases Industry-Wide Material Ingredient Guide

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Manufacturers, Importers, Fabricators Take Up Sides Over Quartz Antidumping Duties

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Manufacturers, Importers, Fabricators Take Up Sides Over Quartz Antidumping Duties

Posted on 26 January 2019 by cradmin

The biggest news to hit the countertop fabrication industry in 2018 was the imposition of new antidumping duties on quartz produced in China, and now stakeholders with opposing views have taken up sides by lending support to one of two groups: the Italy-based World-Wide Agglomerated Stone Manufacturers Association (A.St.A.), and the domestic group of importers and fabricators known as the American Quartz Worker Coalition.

The first organization is closely tied to the antidumping duties on Chinese quartz because one of its leading members is Cambria, the company that filed the original petition on the behalf of all domestic engineered stone producers. Among the other 13 prominent members of A.St.A. are Caesarstone, Vicostone, Cosentino, Santamargherita, RMC, Quartzforms, LG Hausys, and TopZStone.

A.St.A. took its present form as an international “association of manufacturers of agglomerated stones” in 2015, and since that time, it has grown to become a prominent organization in the countertop industry and other construction-related industries.

In December, A.St.A released an official statement reaffirming the organization’s commitment to the countervailing and antidumping duties imposed on quartz imported to the U.S. from China. Currently, the preliminary countervailing duties are 34.38 percent for most Chinese quartz imports and 178.45 percent for quartz from two particular manufacturers. The antidumping duties, announced last November also range from 242 to 341 percent.

 “A.St.A. World-Wide reaffirms its firm support of free and fair trade according to A.St.A.’s first and second articles of its statutes.

In particular, A.St.A. World-Wide supports the preliminary measures adopted by the United States Department of Commerce and by the United States International Trade Commission (USITC), as part of their investigations, to impose duties on Chinese producers to protect fair trade in the industry.

In addition, A.St.A. World-Wide considers similar measures should be adopted in other jurisdictions like the European Union to guarantee competition in equal conditions for the industry’s and of the consumers’ benefit.”

According to the statement, the organization represents 14 producers from 10 countries and 15,000 direct employees.

Cosentino also released its own statement on the matter.

“Our company stands in support of fair and free trade,” said Eduardo Cosentino, CEO of Cosentino North America and EVP Global Sales for Cosentino Group. “We fully support fair and free trade and sincerely applaud all efforts that have led to this decision and important cause. We are grateful for the opportunity to compete fairly in the United States, and with this announcement, we look forward to the restoration of a level playing field in the market.”

On the opposite end of the spectrum is a newly formed organization, the American Quartz Worker Coalition. According to a press release published January 23 of this year, the group is opposed to the duties on Chinese quartz imports, seeing the duties as “an attempt by one company, Cambria LLC, to convince the U.S. government to impose trade restrictions on imported quartz, a move designed to inflate Cambria’s profits.”

The Coalition claims to represent more than 200 U.S. fabricators and 5,000 workers across the country and believes that the duties will reduce the supply of available quartz by 50 percent, limiting consumer choice and threatening “tens of thousands of quartz-related fabricating jobs.”

“The U.S. quartz industry is an American success story,” said Matt Huarte, owner and vice president of Arizona Tile. “The industry has generated significant job growth, healthy profits and exploding sales over the past decade. Unfortunately, this success story is threatened by Cambria’s trade petition, which is simply an attempt to fatten its already high profits to the detriment of other manufacturers in the U.S. quartz industry, as well as U.S. quartz consumers.

“There are two very distinct market segments for quartz countertops in the U.S. – the luxury market and the mass market – with little competition between them,” said Rupesh Shah, co-president of MS International. “Cambria already dominates the premium luxury market with high-priced specialty products and is highly profitable as a result. U.S. fabricators, who serve the mass market and account for over 50,000 manufacturing jobs throughout all 50 states, rely on these imports to provide consumers with affordable quartz countertop products.”

“Cambria is petitioning the U.S. Government to diminish the vital role of fabricators in our industry, claiming that they play such a small and insignificant role in the industry that they should be ignored,” said Marisa Bedrosian, co-owner of Bedrosian’s Tile and Stone. “Nothing could be further from the truth. U.S. quartz fabricators are major employers and investors in this industry and, most importantly, are responsible for more U.S. labor to create quartz countertops than Cambria. It is easy to recognize the immeasurable value of our fabricators given that quartz countertops must be fabricated and installed to amount to any worth to a consumer.”

“The ‘Legend of Cambria’ is that fabricators don’t matter, and that is why we have come together to form this Coalition,” continued Bedrosian. “We will tell the real story and ensure that the facts about the entire U.S. quartz industry are heard and considered by the ITC. Hard working U.S. fabricators and other workers in our industry should be allowed to continue providing consumers with unlimited choices in quartz countertops.”

A final decision on this matter by the USITC is scheduled for May 2019.

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Weha Offers Carbon Fiber Rodding Bars

Posted on 01 February 2018 by cradmin

Weha Carbon Fiber Rodding BarsThe Weha Carbon Fiber rodding is the latest technology in fiberglass rodding for granite, all natural stones, engineered stones and quartz counter top applications. The rodding bars are available in pre-cut 4 ft. (48 in.) length in bundles of 100. The product allows for no more unraveling of rodding stands or rolls.

The 48 in. length will extend past any sink. Simply cut with a grinder or bolt cutters to the length you need and glue it in. It is made with a high concentration of fiberglass strands throughout the entire profile, reportedly making the rodding stronger than traditional white fiberglass rodding.

Weha has also added an additional top and bottom layer of high tensile strength carbon on both sides to increase the strength of the product. According to the company this makes the Weha Carbon Fiber Rodding one of the strongest granite fiberglass rodding that can be used.

You may also be interested in this video about rodding granite countertops

 

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Three Brands Establish Architectural Surfaces Group

Posted on 30 August 2017 by cradmin

ASG Press release imageThe new Architectural Surfaces Group (ASG) has been created as a comprehensive approach to interior surfaces. The consolidated company, comprised of Architectural Granite & Marble (AG&M), Pental Surfaces and Modul Marble, announced its new joint parent company name, Architectural Surfaces Group. The new parent company was designed to strengthen the organization via operational improvements, allowing the brands to focus on delivering a high level of service to their customers. Each business will continue to operate under their respective brands.

The new company name, ASG, encompasses all offerings and products from the brands it represents, which now includes a total of 13 distribution locations across the United States. AG&M imports and distributes natural stone, engineered stone and related products in Texas, Oklahoma, Tennessee and North Carolina. Pental Surfaces is a distributor of natural stone, engineered stone and tile, with five locations in the Western United States. Modul Marble imports and supplies natural stone, marble and quartz slabs with locations in California and North Carolina.

You may also be interested in this article about the partnership between Wilsonart and Hanwha Surfaces.

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All Tile Named Exclusive Distributor of Staron and Radianz in Two New Areas

Posted on 01 February 2017 by cradmin

13 Hillstate modelhouse_Cumberland Flax_2WEBChicago-based All Tile, Inc. has been appointed as the exclusive distributor of Staron® Solid Surfaces and Radianz® Quartz Surfaces by LOTTE Advanced Materials for northern Ohio and western Pennsylvania effective February 1, 2017. With their existing territory of Illinois, Indiana, Kentucky, southern Ohio, Wisconsin and Michigan, All Tile now has seamless coverage of much of the North Central Region.

Healthco-Breitschmid AG PortfolioDave Raymond, who heads All Tile’s Surfacing & Woodworking Products Division, commented “All Tile’s market-leading inventory and logistical strength, coupled with our team of industry veterans, ensures we will bring a level of service not seen thus far. Building upon our proven track record of aggressive marketing efforts and channel development, Staron® and Radianz® by LOTTE Advanced Materials will be the North Central region’s leading surfacing options in the residential, commercial and A&D segments.”

Radianz - wash basin_rangoonblack_v2WEBklc Staron® 100 percent Acrylic Solid Surfacing is available in more than 140 colors. Staron® is suitable for residential and commercial applications, and its hygienic characteristics also make it ideal for use in medical environments. Radianz® Quartz features visuals of vivid color and design and is highly resistant to stains, heat and scratches. Staron® and Radianz® by LOTTE Advanced Materials are both LEED certified, eco-friendly and easy to clean.

All Tile Logo HighWEB Founded in 1947, All Tile, Inc.is a family-owned enterprise that grew into an industry leader by distributing premier lines of building materials including floor covering as well as LOTTE Advanced Materials Staron® Solid Surfacing and Radianz® Quartz surfaces. In 2014 the firm increased its number of Midwestern facilities to 25 and greatly enhanced its logistics and employee base with the acquisition of Carpet Cushions & Supplies. More information about All Tile is available at www.alltile.com. All Tile’s headquarters is located at 1201 Chase Avenue, Elk Grove Village, IL 60007. The company can be reached by phone at (847) 979-2500.

PrintLOTTE Advanced Materials (formerly Samsung Chemical) built up ABS and PS plants in 1989, signaling its first major step into the market. Since then, the company has been expanding its business rapidly in a variety of categories including PC, solid surface and engineered stone. LOTTE Advanced Materials provides an integrated package of solutions tailored for customers, incorporating market trends and R&D for sustainable growth into its operations and global network.

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OHM International Introduces AUREA STONE New Innovative Surfacing Product

Posted on 22 December 2016 by cradmin

aurea stoneOHM International, historically an importer and wholesaler of quality natural stone products, has introduced AUREA STONE, a second-generation quartz surfacing.

Aurea Stone is being billed as Quartz 2.0 because of its realistic match to natural marble. The high-definition look of this quartz surfacing provide for its sharp, clean, tight lines of movement. It also has a translucent quality that allows for depth in soft subtle undertones of color that allow for its realistic marble look. It offers very bright whites and a grainless surface that result in solid light reflection and shine.

The material is nonporous, making it highly stain-resistant, easy to clean and exceedingly hygienic for food preparation. This durable surface is also etch-, scratch- and heat-resistant.

Slabs are jumbo sized at 3cm thick and 126 by 63 in. The material comes in seven marble-like colors/patterns: Paragon, Venatino Sfumato, Phidias, Calacatta Dinergy, Lincoln, Etched and Epitome. AUREA STONE comes with a 15-year warranty. For more information, visit www.ohmintl.com/aureastone/.

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Akrilika Launches AQ Stone Quartz Surfacing Series

Posted on 18 November 2016 by cradmin

akrilikaRussian-based supplier Akrilika introduced AQ Stone – а new line of quartz surfacing material that features marblelike aesthetic and vast veining, flowing through each design. The new products are distinguished by a dynamic combination of natural beauty and performance as demanded by the discerning customers.

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Fabricator Profile: KAT Fabricators Stays Organized

Posted on 14 October 2016 by CRadmin2

product-main-granite-largeKAT Fabricators is known as “your source for custom countertops” in the Dallas, Tex., area, and the company prides itself in keeping highly organized at all times. In fact, because the company does such a high volume of sales with big-box stores, such as Home Depot and Lowe’s, staying organized is a crucial element in maintaining customer relationships and honoring schedules.

Because KAT Fabricators does the majority of its business on the wholesale level, there is no need to maintain a showroom, and attention can be given to production and customer service. Stepping into the modest office, the company is all business. The customer-service department operates just behind the front door, and a few of the desks include state-of-the-art computer systems with dual monitors, which help to schedule up to 10 jobs each day with a high degree of accuracy.

Walking straight back through the office leads to the stone shop, which was originally dedicated to solid surface fabrication but now accommodates granite and engineered stone. Offering a wider variety of materials allows KAT Fabricators to act as a one-stop shop for dealers and builders with an assortment of jobs.

On the other side of the stone shop, is an open yard for warehousing slabs and remnants, and the solid surface shop is just past this. As of 2010, KAT Fabricators was using a CNC machine for sink holes while an advanced straight-line edger does most of the heavy work.

KAT Fabricators constantly and consistently works on improving efficiency and providing service and quality that surpasses that of the competition. This allows them to set competitive pricing without having to rely on low prices to gain new business.

Read more of this Fabricator Profile here: Tour of KAT Fabricators in Dallas

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Tenax Introduces Quartz Shield

Posted on 10 October 2016 by cradmin

tenax-quartz-shieldTenax introduced Quartz Shield, a new sealer for quartz and engineered stone. Quartz Shield is water based and acts as a water and oil repellent for polished, honed and brushed surfaces. According to the company Quartz Shield provides excellent stain proof power and is approved for food contact in accordance with EC Regulation 1935/2004.
The company states that the product is ready to use and requires no dilution and is easy to apply. The product is applied to a dry, clean surface using a clean cloth in a circular motion. Let Quartz Shield absorb for five minutes and then remove the excess.
You may also be interested in this article about transparent flowing stone glue by Tenax.

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