Insulation industry news from Global Insulation
Kingspan and MV Aceros launch joint venture 02 August 2024
Paraguay: Ireland-based Kingspan has announced the successful launch of a new joint venture (JV) with metal building products company MV Aceros. MarketLine News has reported that the JV will produce insulated metal panels, among other products, for the local Paraguayan market. Kingspan noted MV Aceros’ ‘significant experience in and knowledge of’ the market. The Competition Commission of Paraguay gave the deal unconditional clearance.
Isover installs water meters at Runcorn insulation plant 02 August 2024
UK: Saint-Gobain subsidiary Isover has installed water meters and monitoring technologies at its Runcorn insulation plant in Cheshire. The initiative aims to reduce the plant’s consumption of water by 30ML/yr, 30% of its use in 2030.
Plant sustainability champion Matt Hill said “Reducing water consumption in our production processes is central to our sustainability journey at Isover. Through investments such as these, we’re not only reducing our environmental impact but also demonstrating our unwavering commitment to building a more sustainable future." He added "By 2023, we had reduced our total water withdrawal by 22% compared to 2017, and thanks to these continuing improvements, we have already further reduced this by more than 20% in 2024 compared to 2023."