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News Mongol Basalt produces 2248t of stone wool insulation in 2023

Mongol Basalt produces 2248t of stone wool insulation in 2023

Written by Global Insulation staff
26 February 2024
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Mongolia: Mongol Basalt produced 2248t of stone wool insulation in 2024, which it says helped Mongolians to reduce their energy consumption by 78GW. Nonetheless, the producer’s sales fell by 20%, amid a 35% drop in its prices.

During 2023, Mongol Basalt commenced construction of a new production line at its Ulaanbaatar insulation plant. The UB Post newspaper has reported that the company expects the upgrade to double its capacity to 50,000t/yr, and to introduce new energy-efficient solutions.

Published in Global Insulation News
Tagged under
  • Mongolia
  • Mongol Basalt
  • Stone wool insulation
  • Plant
  • Expansion
  • energy
  • electricity
  • Sales
  • price

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