Insulation industry news from Global Insulation
India: NBCC India has signed a deal with Poland’s Bolix to use its external thermal insulation and composite systems (ETICS) solutions technology. The state-owned construction company intends to use ETICS technology in its on-going and upcoming projects in both India and overseas, according to the Press Trust of India. Initially, the company will import the building materials and technology but Bolix is also considering building a plant in India.
Poland: Paroc Group has upgraded its mineral wool plant in Trzemeszno to increase its production capacity with an investment of over Euro13m. “Up till now, some of the Paroc’s technical insulation solutions had been produced only in Finland,” said Joakim Westerlund, Chief Operating Officer at Paroc. “Shipping from Poland, combined with the fact that more products can now be transported on one truck thanks to new technology, not only will save time and resources of our customers, but also fits in our sustainability and energy efficiency policy.”
The investment marks a continuation of Paroc’s long-term development strategy in its Baltic and Central Europe area. Since 1998, when the Polish Paroc production plant was set-up, the company has invested over Euro140m in the Trzemeszno plant.
Poland: Rockwool has inaugurated a Euro80m mineral wool production line at its Cigacice plant. The new line will allow the introduction of a new portfolio focusing on products for flat roofs and exterior walls. It will also allow for improved product quality, higher production efficiency and improved environmental credentials.
“The investment in Poland not only gives us the opportunity to take advantage of the latest technology in producing innovative stone wool solutions, we are now also positioned for further growth,” said CEO Jens Birgersson. He attended the inauguration with the managing director of Rockwool Polska Andrzej Kielar and other local Polish authority figures.
Poland: Stepan Company has completed the relocation of its European R&D and Technical Service centre to new laboratories in Wroclaw. The expanded facilities will serve Stepan's business in insulation foams as well as the diverse Coatings Adhesives Sealants and Elastomers (CASE) business. In addition to providing increased space for its growing team of scientists, the expanded facilities include a wide range of test and production equipment to support Stepan's customers with innovation and technical development projects.
The specialist and intermediary chemical production company also confirmed that the expansion of its polyester polyol facility in Brzeg Dolny will be completed in mid-2016, with the addition of a new reactor. The new asset is required to support Stepan's growth in the CASE business for its European customers.
"The completion of this expansion to our facilities in Poland marks a significant milestone in our growth story within the European polyester polyol industry. Commitment to these plans by Stepan is an endorsement of our growth strategy,” said Roger Stubbs, Vice President, Polymers Europe.
Poland: Ineos Enterprises has agreed in principle to sell Ineos Styrenics, its expandable polystyrene (EPS) business, to Synthos for Euro80m. Completion of the transaction is likely to occur in the second half of 2016, subject to customary regulatory approvals.
Ineos Styrenics produces EPS for the building, construction and packaging industries at manufacturing sites at Wingles and Ribécourt in Northern France and Breda in the Netherlands. The three production sites are supported by its technology Centre in Breda. Customer Service, Logistics and Finance groups are also located in Breda. The business employs around 250 people who will transfer as part of this deal.
“The aim of the acquisition will be to provide the highest quality EPS to ensure that EPS remain the insulation material of choice for our customers.” said Tomasz Kalwat, CEO of Synthos.
Synthos S.A. is one of the largest manufacturers of chemical raw materials in Poland. The company is the first European manufacturer of emulsion rubbers and is a leading manufacturer of polystyrene for foaming applications. The Company is traded on the Polish stock exchange with its headquarters located in Oświęcim
Poland: Faist ChemTec has launched a second production line at its plant in Zlotoryja, which produces acoustic insulation materials for the automotive industry and for the producers of electrical household appliances. Thanks to the investment, some 25 new jobs will be created. Financial details of the project have not been disclosed.
Poland: Petralana has completed the construction of a mineral wool plant in Bytom. The plant will employ almost 200 people and produce 41,000t/yr of mineral wool.
Denmark/Poland: Rockwool International announced on 28 November 2011 that it had received the necessary approvals to acquire Polish insulation systems manufacturer Fast s.p. zoo and had closed the transaction.
The agreement was first announced in June 2011. Closing was originally expected to take place by the end of October 2011. The value of the deal was not disclosed.
Fast, also known as Etics, is one of the leading players in the Polish market for external facade insulation systems. Through this acquisition the Danish company will gain expertise in coating and plaster production, as well as colouring techniques.
Denmark/Poland: Rockwool International has signed an agreement to acquire FAST s.p. z o.o., a Polish system holder for external facade insulation. In 2010, FAST generated a turnover of USD 16.73m and employed 90 persons. The transaction is expected to close by the end of October 2011.
The acquisition of FAST allows Rockwool to gain access to capabilities within coating and plaster production as well as colouring techniques. In addition, the acquisition will enable Rockwool to expand the use of stone wool solutions and penetrate into the building insulation market.