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 New Orleans.

In 1961, Jim Walter Corporation, a homebuilding company, acquired Celotex, moving the headquarters to Tampa, Florida in 1965.

A $1.2 billion settlement trust was established in 1998 to settle claims arising from asbestos-containing products manufactured by both Celotex and Philip Carey.

[3] The wallboard business was sold to BPB plc, its roofing products business to CertainTeed in 2000, its fiberboard products division along with the Celotex brand to Knight Industries LLC in 2001,[2] and its rigid foam insulation division to the Dow Chemical Company in 2001.

[7] In 2017, a disastrous fire at the Grenfell Tower, London was blamed on exterior cladding manufactured by Celotex-Saint-Gobain.