Insulation industry news from Global Insulation

France: Sales from Arkema’s high performance materials division, which includes insulation products, have risen by 2.8% year-on-year to Euro2.6bn in the first nine months of 2016 from Euro2.53bn. Overall, the company’s sales fell by 4% to Euro5.68bn from Euro5.92bn, although its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 12% to Euro946m from Euro843m. It blamed the drop in sales on the impact on sales prices of raw material variations.

Finland: Paroc’s net sales for its building insulation division has risen by almost 1% year-on-year to Euro215m in the first nine-months of 2016 from Euro213m in the same period of 2015. However, on an adjusted basis for comparable insulation rates the insulation producer says that its sales grew by 2.4%. It reported sales volumes growth in most markets except for the Baltic countries and Russia. Overall sales for the company rose slightly to Euro301m, boosted by growing sales for technical insulation.