Insulation industry news from Global Insulation
Ireland: Kingspan's CO2 emissions fell by 26% over the two years between 2020 and 2022. The group aims to achieve a 90% reduction in CO2 emissions between 2020 and 2030. The Irish Times newspaper has reported that the company adopted a Euro70/t internal pricing mechanism in January 2023. Over the past three years, it increased its renewable energy share to 33% from 20%, increased its rainwater harvesting capacity by 26% and reduced its volume of waste sent to landfill by 42%.
Kingspan head of sustainability Bianca Wong said "It’s a testament to the enduring efforts of our colleagues that we completed over 100 projects in 2022. We will continue to build on our progress to date and aim to further accelerate our strategies in the coming years."
Saudi Arabia: Maersk Arabia Logistics Services has signed a contract with Zamil Steel Construction Company for the construction of a building materials terminal at Jeddah Islamic Port in Jeddah. Local press has reported that the terminal will consist of multiple warehouses, a logistics yard and office facilities. It will stock glass and stone wool insulation and insulation panels, along with other products.