China: Owens Corning has completed the acquisition of Guangde SKD Rock Wool Manufacture. SKD produces mineral wool insulation for the building and technical insulation market. No value for the purchase has been disclosed.
“We see great opportunity to provide our customers in China with products in both the mid temperature building and high-temperature industrial-application markets. This acquisition furthers our strategy to expand Owens Corning’s technology portfolio across the three largest insulation markets in the world,” said Owens Corning’s Insulation President Julian Francis.
Owens Corning now has seven insulation manufacturing facilities across China, that provide customers with a full temperature range of products including fiberglass, extruded polystyrene foam, cellular glass and mineral wool insulation.
