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News Recticel’s insulation sales down following MDI supply shortage

Recticel’s insulation sales down following MDI supply shortage

Written by Global Insulation staff
27 April 2018
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Belgium: Recticel’s insulation sales fell by 2% year-on-year to Euro60.1m in the first quarter of 2018 from Euro61.3m in the same period in 2017. Although it raised its prices due to increased raw materials costs it blamed a fall in volumes on poor weather and an industry-wide polyisocyanurate P(IR) insulation board unavailability in mid-2017 due to a methylene diphenyl diisocyanate (MDI) supply shortage. The company added that a new insulation plant it is building in Finland is due to start up in the fourth quarter of 2018.

Last modified on 27 April 2018
Published in Global Insulation News
Tagged under
  • Belgium
  • Recticel
  • Results

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