Knauf USG Systems is the legal entity of a manufacturer of cement board systems under the name Aquapanel.Knauf USG Systems was established in 2002. The company is a joint venture between Knauf GmbH and USG, both suppliers of systems and building materials on a worldwide basis. Knauf USG Systems is based in Iserlohn, Germany. The management team is based in Dortmund, Germany.Knauf USG Systems has manufacturing facilities in Iserlohn, Germany and Volos, Greece.