Insulation industry news from Global Insulation
Kingspan cleared to acquire Conqueror 18 December 2023
New Zealand: The Commerce Commission has allowed Kingspan to proceed with its acquisition of Conqueror. The commission said that the Ireland-based group will ‘not substantially lessen’ competition in New Zealand when it completes the acquisition. This is due to the market shares belonging to competitors Bondor and Metalcraft, of which the latter plans to open a new plant in Hamilton, Waikato in 2024.
Owens Corning ranks on Dow Jones Sustainability World Index 18 December 2023
US: Owens Corning celebrated its inclusion on the Sustainability World Index for its 14th consecutive year on 14 December 2023. Companies’ S&P Global Corporate Sustainability Assessment (CSA) contributed towards their assessment for the index. Owens Corning has a score of 85.
Chair and chief executive officer Brian Chambers said "Our industry-leading score is a testament to Owens Corning's unwavering commitment to sustainability and our progress toward achieving our 2030 sustainability goals. We remain dedicated to providing sustainable solutions to our customers and making a positive impact on the world."
