Insulation industry news from Global Insulation
Recticel anticipates Euro464,000 in extra costs due to Brexit
04 January 2024UK: Recticel says that new requirements following the UK’s exit from the EU have created estimated extra one-time costs of Euro464,000. Local press has reported that UK-based laboratory testing is estimated to cost Euro325,000 across eight products, while new fire tests for the same products will add a further Euro130,000.
Senior technical manager Simon Blackham said “It’s the same standards, to the same test method, the same everything - and it would have to be paid for, ultimately, by the customer.”
Mannok outlines Brexit preparations
17 December 2020Ireland/UK: Mannok says that it has undertaken extensive preparatory measures to help its operations transition smoothly when the Brexit transition period ends on 31 December 2020. While keeping operations unchanged, the group has formed new legal entities such as Mannok GB, which will deal with UK customers. The group acknowledged that prices would depend on the future tariff arrangement between the UK and the EU, but would remain in line with market pricing. It added that the same effects would impacts competitors, who import significant amounts of raw materials from Europe.
The group said that it has been working closely with suppliers for over 18 months to ensure the security of its supply chains. It has capacity at its sites to store enough raw materials for polyisocyanurate (PIR) insulation for a ‘number of weeks’’ of production.
Chief financial officer Dara O’Reilly said, “A key priority for us in all of this was to ensure that the service we can provide to our customers in a post-Brexit environment is as seamless as possible. We’ve made the changes to our structures; we’ve made the changes to how we operate and as a result of that, regardless of the outcome of the Brexit negotiations, we’re ready.”