Insulation industry news from Global Insulation

Egypt: Smith Troy for Chemical Industries says that it expects to commission a new US$5m insulation line at Amreya, Alexandria, in June 2024. Business News Africa has reported that trial production will then run for two to three months. Smith Troy for Chemical Industries' CEO Walid Gamal el-Din said that the plant will export 80% of its production, which will contribute US$10m in sales in its first year of operations.

Africa: UAE-based BCI Holding plans to expand its polyurethane (PUR) plant in Egypt. Arab Finance News has reported that the company also intends to establish to new PU plants, in Algeria and Nigeria. For the realisation of these plans, it will partly rely on a US$30.0m financing package from the International Finance Corporation. The PU supplier expects the moves to generate 80 new direct jobs. It said its strategy aims to combat poverty and create jobs by supporting the growth of the private sector in the Middle East and Africa. It added that the new plants will also help strengthen regional integration and technology transfer, and the development of regional supply chains.

Egypt: Amir Naguib, the head of GlassRock Insulation, said that the company's total investments reached US$63m by the end of 2017. The company supports the government’s plans to install thermal insulation in commercial, industrial, and residential facilities, according to Daily News Egypt. The mineral wool insulation producer has a production capacity of 50,000t/yr.

Egypt: GlassRock Insulation Company, part of regional mining platform Ascom, has reported the successful completion of the commissioning phase of its new production line for glass wool. The new production line will produce 20,000t/yr of glass wool increasing the plant's total production to 50,000t/yr, of which 30,000t/yr is mineral wool.

"We are exceptionally proud to be manufacturing these strategic insulation materials, which can be used as both residential thermal insulation and as acoustic insulation. Our products can help to significantly reduce the impact of the energy crisis that Egypt is currently facing," said chief executive officer Bechir Dardour. According to Dardour the glass wool insulation that will be produced in GlassRock's Sadat City Free Zone plant is being manufactured principally with local materials.

In September 2012 GlassRock announced the launch of its first mineral wool production line. The company is now targeting exports to key markets in Europe, North Africa, the Gulf Cooperation Countries and Turkey.

Egypt: GlassRock Insulation Co. has started targeting exports of mineral wool to key markets in Europe, North Africa, the Gulf Cooperation Council countries and Turkey following the start of production at its US$70m Egyptian greenfield facility in May 2012. The company, part of a portfolio owned by Citadel Capital's regional mining platform ASCOM, will also begin production of glass wool insulation in September 2012.

"Our goal is to become a world-class provider of heat and noise insulation solutions," said GlassRock Insulation chief executive officer Bechir Dardour. "Energy-efficient building materials are the only option going forward in Egypt and around the world and we are delighted to be part of the solution to the creation of a greener, more environmentally-friendly future."

Construction of the US$70m greenfield GlassRock plant, located eqhalf-way between Cairo and Alexandria in the Sadat City Free Zone, began in 2010. The facility has created 260 direct jobs and operates with technology licensed from Italy's Tenova. When fully operational GlassRock's production capacity will be 30,000Mt/yr of mineral wool and 20,000Mt/yr of glass wool.