Insulation industry news from Global Insulation

Europe/Spain: The European Commission has approved, under the European Union (EU) merger regulation, the acquisition of Spanish insulation producer URSA by Germany’s Xella. The commission concluded that the acquisition would raise no competition concerns because of the limited overlaps between the activities of the companies. The deal was first announced in August 2017 and it is expected to be completed by the end of 2017.

Europe: The EU energy commissioner Guenther Oettinger has said that European Union (EU) member states should install insulation in their public buildings, going as far as saying that the 27 nations should be forced to do so. Oettinger thinks that insulation should be improved by 3% in public buildings and that that this improvement should occur year-on-year starting in 2014.

The EU is ultimately aiming to cut energy consumption in buildings by 20% by 2020. It would also like to create new public procurement rules aimed at awarding contracts to products and services that are energy-efficient.