Global Insulation
Top banner - Global Insulation Directory
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • My details
  • Advertise
  • About
  • Contact
News Displaying items by tag: cellular glass insulation

Insulation industry news from Global Insulation

Subscribe to this RSS feed

Owens Corning to buy cellular glass producer Pittsburgh Corning

16 May 2017

US: Owens Corning has signed an agreement to acquire Pittsburgh Corning, a producer of cellular glass insulation systems for commercial and industrial markets. Upon closing, the company will pay approximately US$560m in cash, on a cash free and debt free basis. The transaction, which is subject to regulatory approvals, is anticipated to close in the third quarter of 2017.

“The acquisition of Pittsburgh Corning will further expand Owens Corning’s commercial and industrial product offering and grow our presence in Europe and Asia,” said Julian Francis, president of Owens Corning’s Insulation Business. He added that the purchase will build Owen Corning’s core glass technologies.

Pittsburgh Corning employs over 1100 people in 17 countries. It operates facilities in the US, Belgium, Czechia and China. It produces Foamglas cellular glass, an insulation used for low-temperature industrial applications and in commercial buildings. The company also offers a line of accessory products. Pittsburgh Corning reported sales of over US$240m in 2016.

Published in Global Insulation News
Read more...
Gobal Insulation Conference & Exhibition 2018
Global Gypsum Monthly Sign up
Global Insulation LinkedIn
Global Insulation Twitter
Acquisition China Denmark Finland Fire France Germany GGM18 Insulation Ireland Johns Manville Kingspan Knauf Knauf Insulation Legal Mineral Wool Owens Corning Paroc Plant Polyurethane Product Results Rockwool Russia SaintGobain Superglass TechnoNICOL UK Upgrade US
« April 2018 »
Mon Tue Wed Thu Fri Sat Sun
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30            
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • My details
  • Advertise
  • About
  • Contact
  • Magazine >>
  • Introduction
  • Back issues
  • Articles
  • Conferences >>
  • Global Boards
  • Global CemFuels
  • Global CemProcess
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • Websites >>
  • Global Cement
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Pro Global Media

© 2018 Pro Global Media Ltd. All rights reserved