Global Insulation
Precision is no coincidence! More than 40 years - precise measured values - Fagus GreCon
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News Kingspan to spend Euro200m on insulation production project in Ukraine

Kingspan to spend Euro200m on insulation production project in Ukraine

Written by Global Insulation staff
13 June 2022
  • Print
  • Email

Ukraine: Ireland-based Kingspan plans to spend Euro200m towards building a ‘Building Technology Campus’ in Ukraine. The site will be used to manufacture insulation and district heating products. Development of the project is due to start immediately with eventually commissioning forecast for 2027. The insulation company has appointed a project team to identify a suitable site, likely to be in the west of the country, and is liaising with the Ukrainian Government. Over 600 jobs are expected to be created when the site opens.

Gene Murtagh, the chief executive officer of Kingspan Group, said “This investment sits at the crossroads of three crises: the climate crisis, the energy security crisis, and the crisis caused by the Russian war against Ukraine. The new Building Technology Campus we are planning will make positive contributions on all three fronts, supporting Ukraine as it rebuilds its economy, meeting demand across central and Eastern Europe for energy efficient buildings, and helping Europe to reduce reliance on oil and gas imports.”

Kingspan previously said it had exited the Russian market and divested its operations to local management in April 2022 following a decision made in March 2022.

Last modified on 14 June 2022
Published in Global Insulation News
Tagged under
  • Ukraine
  • Ireland
  • Kingspan
  • Plant
  • war
  • Russia
  • GGM48

Related items

  • Kingspan launches QuadCore LEC insulation panels
  • Austrotherm spends Euro20m on upgrade to Purbach insulation plant
  • Masterplast strikes deal with Market Epito to build mineral wool plants in Central Europe
  • Owens Corning sells Belarusian and Russian assets to Umatex
  • Rockwool insulation used in rebuilding of Mariupol
Global Gypsum Monthly Sign up
Global Insulation LinkedIn
Global Insulation Twitter
Acquisition appointment Belgium China coronavirus Denmark Fire France Germany Glass Wool government Insulation Ireland Johns Manville Kingspan Knauf Knauf Insulation Mineral Wool Owens Corning Plant Polyurethane Product Results Rockwool Russia SaintGobain Sustainability UK Upgrade US
« January 2023 »
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 31          
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Introduction
  • Back issues
  • Articles
  • Conferences >>
  • Global Ash
  • Global CemBoards
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global Concrete
  • Global ConChems
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Websites >>
  • Global Cement
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Pro Global Media
  • PRoIDS Online

© 2023 Pro Global Media Ltd. All rights reserved