Around here it was simply called “celotex” or celotex board. The corners were done in plywood to provide shear strength / prevent racking. Plywood was generally called for within 2 feet of every window/ door opening. The rest was infilled with celotex. Quite popular in the 70’s / 80’s as the builder could save a few hundred $ on each house when compared to using plywood everywhere. I always thought it was ******, sort of “the least you could do”.
I think there was some asbestos litigation 20 or so years ago involving celotex. Yay one more thing I used to work with that had asbestos in it.