Insulation industry news from Global Insulation
Knauf Insulation to invest Euro120m in Novi Marof stone wool insulation plant's new Line 2 24 February 2023
Croatia: Knauf Insulation plans to invest Euro120m to build a second production line at its Novi Marof stone wool insulation plant. HINA News has reported that Knauf Insulation managing partner Alexander Knauf met government officials to discuss the company's plan. The producer says that the new line will create 70 direct jobs.
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Saint-Gobain to acquire Twiga Fiberglass 24 February 2023
India: Saint-Gobain has entered into an agreement to acquire Indian market leader glass wool insulation producer Twiga Fiberglass, local press has reported. Twiga Fiberglass has produced insulation as a licensee of Saint-Gobain's glass wool insulation technology since 2005.
Saint-Gobain previously acquired stone wool insulation producer Rockwool India in February 2022.
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