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Masterplast to cease publishing financial forecasts amid ‘unpredictable’ economy
Written by Global Insulation staff
01 May 2025
Hungary: Masterplast has unveiled a new strategy for increasing internal flexibility and reducing exposure to an ‘extremely unpredictable’ global economic environment. MTI – EcoNews has reported that the producer will no longer publish numerical financial forecasts. It will additionally focus on inventory and cash-flow management and monitoring market feedback. Preparation is underway for ‘multiple scenarios,’ including slow, moderate and rapid global economic growth.
Masterplast expects to commence operations at its upcoming Szerencs glass wool plant in Borsod-Abaúj-Zemplén county in mid-2025.
Energystore launches Spacebead aerogel-based injected insulation
Written by Global Insulation staff
30 April 2025
UK/Ireland: UK-based Energystore has launched Spacebead, an expanded polystyrene (EPS) bead injected insulation containing aerogel and adhesive, on the UK and Irish markets. The Spacebead offers thermal conductivity of 0.029W/mK and is especially suited to use in limited cavity space. The producers say that this will help customers in the English market to easily conform to the upcoming Future Homes Standard for energy efficiency of new buildings there.
Russia raises mineral wool imports in first quarter of 2025
Written by Global Insulation staff
28 April 2025
Russia: The mineral wool market consumed ‘record’ volumes of imports in the first quarter of 2025, market research by ROIF Expert has revealed. Uzbek mineral wool has replaced that from Poland and Lithuania as dominant among imports. The Russia-based agency has reported that domestically-produced mineral wool rose in price amid on-going ‘adjustments’ in production volumes.
New insulation rules take effect in Türkiye
Written by Global Insulation staff
28 April 2025
Türkiye: The Turkish government has introduced new rules for thermal insulation of residential buildings. Fakti News has reported that the newly enacted standard TS 825 will require new homes to be designed to meet both ‘heating and cooling’ needs. This is intended to keep housing operating efficiently under increasingly extreme seasonal climactic conditions.
Property industry body IS & Partners reportedly said that the rules “Will lead to an increase in the cost of projects, and hence to an increase in the prices of purchasing or renting a home” by as much as 25%. It may additionally increase consumer interest in the ‘secondary’ market in existing homes, IS & Partners added.
Green Wave Organic launches new peat-based substrate to replace mineral wool
Written by Global Insulation staff
24 April 2025
Ukraine: Horticulture company Green Wave Organic has developed a new peat-based substrate to replace mineral wool in vertical horticulture at its facilities in Zolochiv, Lviv Oblast. New Voices of Ukraine News has reported that Green Wave Organic recently received a €15,000 EU4Business grant from the EU.
Compliance officer Ivan Fryz emphasised the need to continue to innovate under challenging circumstances, with electricity prices double their April 2024 levels.