US: Industrial insulation producer NUTEC completed the acquisition of Ohio-based monolithic ceramic fibre linings producer ETS Schaefer on 1 March 2026. The wholly-owned subsidiary NUTEC ETS Schaefer. It will continue to supply ETS Schaefer’s existing range of high-temperature, lightweight linings to heavy industry and original equipment manufacturer (OEM) customers, including its Monster Modules and Monster Lock brand attachment systems.
Hungary: Masterplast recorded full-year sales of €171m in 2025, up by 26% year-on-year. Thermal insulation system sales constituted 39% of the total, at €67m, up by 3%.
During the year, Masterplast targeted investments in ‘income-generating capacity and predictable returns.’ Earlier in 2026, Global Insulation News reported Masterplast’s termination of plans for a new Central European stone wool plant, to be implemented through Budapest-based MIP Alapanyaggyártó, among other strategic shifts. Commenting on its 2025 results, the producer disclosed that high energy prices and CO2 costs, along with investors’ suppressed ‘risk appetite,’ meant that the MIP Alapanyaggyártó project would not have been able to deliver the ‘expected level of value creation.’
Russia: TechnoNICOL plans to carry out upgrades worth a combined US$65.8m at its Serpukhov glass wool insulation and Ryazan stone wool insulation plants in Central Russia. AK&M News has reported that the Serpukhov plant will receive US$45.1m in investments to increase the efficiency of flue gas scrubbing systems to 96% and line productivity by 25%. The Ryazan plant will receive US$20.7m in investments for a new combined heat and power plant and mineral wool briquetting workshop.
Finland: Foamit Group, a producer of recycled cellular glass aggregates, aims to more than double its sales from €41.1m in 2025 to over €100m by 2028. Tekniikka Talous News has reported that the producer plans to raise its sales through organic and inorganic growth.
Foamit Group grinds ‘unrecyclable’ glass fractions and mixes the resulting powder with a foaming agent, firing the mixture at 900°C to yield an aggregate suitable for use in the production of cellular glass insulation.
