Owens Corning has reported consolidated net sales of $1.28 billion in the third quarter of 2012, down 11.7% from $1.45 billion during the same period last year. 

The company reported net earnings of $44 million, compared with net earnings of $124 million in the third quarter of 2011. 

Owens Corning has announced a new interactive digital Division 22/23 Mechanical Manufacturer's Guide eBook to make it convenient for mechanical engineers and building specifiers to access product information on job sites or at the office.

Owens Corning has named Michael McMurray as senior VP and chief financial officer, effective immediately, to replace Duncan Palmer, who is leaving the company to join Reed Elsevier, a U.K.-based company.

McMurray, 47, joined Owens Corning in 2008 as VP and treasurer. His most recent position was VP finance leader of the company's $3.5 billion building materials group. Prior to joining the Owens Corning, McMurray was finance manager of America’s Lubricants for Royal Dutch Shell.

Owens Corning reported net sales of $1.39 billion for the second quarter of 2012, a 4.1% decrease from sales of $1.45 billion during the same period last year.

Net income for the second quarter, which ended June 30, was $39 million, compared with $78 million during the same period of 2011.

Owens Corning has released its sixth annual Sustainability Report, which showed year-over-year intensity reductions in all environmental goals set and a list of innovation-driven achievements.

Among the accomplishments highlighted is a reduction in waste-to-landfill intensity by 22% in 2011, which represents an absolute reduction of more than 37,000 metric tons. Owens Corning also reduced its toxic air emissions intensity by 37% last year. That amounts to an absolute reduction of 236 metric tons.

Building products manufacturer Owens Corning reported net sales of $1.35 billion for the first quarter of 2012, a 9% rise over sales of $1.24 billion during the same quarter a year ago. The company reported a net loss of $46 million for the quarter, which ended March 31, 2012, compared with net earnings of $24 million in the first quarter of 2011.

"Owens Corning delivered results in line with our expectations for the quarter," said chairman and CEO Mike Thaman. "We continue to be confident that we will grow adjusted EBIT in 2012.

Building products manufacturer Owens Corning reported net sales of $5.3 billion for fiscal year 2011, a 7% increase from net sales of $5.0 billion in 2010.

Net earnings for the year were $276 million, compared with net earnings of $933 million in 2010.

Owens Corning Roofing & Asphalt has introduced its next generation of shingles designed to offer maximum durability. The new TruDefinition Duration Series Shingles are engineered with patented SureNail Technology to withstand the elements.

Owens Corning reported third-quarter net earnings of $124 million, compared with net earnings of $58 million in the third quarter of 2010.

Net sales increased 22% to $1.5 billion in the third quarter of 2011, compared with $1.2 billion in the same period last year.

Net earnings for the first nine months were $226 million, compared with $1 billion in the nine-month period of 2010. Net sales for this period totaled $4.1 billion, up 7.9% from $3.8 billion in the year-ago period.

Owens Corning has announced that it EcoTouch insulation has been certified as a biobased product by the U.S. Department of Agriculture. It is the first fiberglass insulation to receive this designation, according to the company.

Owens Corning has added John Williams, the president and CEO of Domtar, as its newest director, according to a filing with the Securities and Exchange Commission (SEC). Williams was elected after the Owens Corning board decided to increase its size by one member. His term expires in 2014.

Williams will serve on the audit and finance committees.

Domtar Corp. is a Montreal-based producer of paper and pulp products.