Insulation industry news from Global Insulation
GlassRock completes commissioning of 20,000t/yr glass wool line
21 November 2012Egypt: 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’s GlassRock Insulation targets foreign markets
27 September 2012Egypt: 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.