Insulation industry news from Global Insulation
Paroc launches new sustainability goals 29 October 2020
Finland: Owens Corning subsidiary Paroc has committed to reduce CO2 emission by 50%, reduce plastics use by 30% and achieve zero waste by 2030. The company that it will also “expand the use of the Rewool customer waste recycling solution and develop and offer new low carbon products,” as exemplified by its launch of the new carbon-neutral product Paroc Natura line in early 2021.
Owens Corning Insulation Europe regional sustainability leader Beatrice Hallén said, “Paroc is in the business of energy efficiency. For each tonne of CO2 generated in the manufacturing of stone wool, about 200t of CO2 is saved by stone wool’s thermal insulation properties over a 50-year period. That does not mean we are content. We want to turn every stone to find new ways to make our general footprint as small as possible. We want to be forerunners in developing sustainable buildings together with our customers. We also want to design our products and solutions for recycling and reuse. For us, sustainability is about meeting the needs of the present while leaving the world a better place for the future.”
Lafarge France launches Airium mineral foam as insulation 29 October 2020
France: LafargeHolcim subsidiary LafargeFrance has relaunched its Airium mineral foam, a concrete block additive, for a new application, namely roof insulation. The company says that Airium has a lifespan of 50 years and “retains heat in winter like most insulation, while also preserving buildings’ freshness in summer” thanks to its phase shift time of over nine hours.
Lafarge France developed the new application in partnership with coatings producer PRB. It said, “We select premium applicators (blowers) from suppliers from LafargeHolcim’s screeds and PRB coatings network. The PRB and Airium partnership thus takes on its full meaning and ensures quality service to new users.”
Owens Corning reports fall in nine-month sales and earnings 29 October 2020
US: Owens Corning’s net sales in the first nine months of 2020 were US$5.13bn, down by 6.6% year-on-year from US$5.47bn in the first nine months of 2019. Loss before interest and tax (LBIT) was US$399m, compared to earnings before interest and tax (EBIT) of US$625m. Insulation sales fell by 3% to US$1.88bn from US$1.95bn. However, the company’s sales and earnings picked up in the third quarter of 2020, supported by its roofing division.