
Insulation industry news from Global Insulation
Ukraine: Kingspan has broken ground on the €280m construction of its upcoming Lviv building materials complex in the western oblast of the same name. The complex will produce insulation, among other products, and also supply district heating. The Irish Times newspaper has reported that Kingspan first committed to a future expansion of its operations in Ukraine in 2022, after Russia invaded the country and occupied parts of its eastern oblasts of Crimea, Donetsk, Kharkiv, Kherson, Luhansk and Zaporizhzhia.
Project Director Mike Stenson said “Despite the perceived distance from the frontline, Lviv has experienced its share of conflict, highlighting the risks associated with such an investment. Nevertheless, Kingspan's move is seen as a bold step towards aiding Ukraine's economic recovery and demonstrating the country's viability for business amidst challenging conditions.”
New Zealand: Parliament has passed the Building Act, allowing the import of ‘thousands’ of building products, including gypsum wallboard, insulation and cladding systems. The act allows for cited standards, according to which the Minister for Building Construction will be able to issue a notice to recognise overseas product standards and certification schemes for local use.
Holcim acquires Compañía Minera Luren 03 April 2025
Peru: Holcim has acquired walling systems producer Compañía Minera Luren. Compañía Minera Luren’s walling systems integrate insulation and mortars.
Holcim Latin America Regional Head Oliver Osswald said that the business will complement Holcim’s operations in Peru. Osswald noted that “Compañía Minera Luren’s walling systems will advance Holcim’s ability to offer customers fully-integrated end-to-end solutions from foundation and flooring to walling and roofing.”