Insulation industry news from Global Insulation
Ursa launches new extruded polystyrene panel in Italy
03 April 2018Italy: Ursa has launched a new extruded polystyrene (XPS) panel product called Ursa Maior. The insulation producer says that the product, Ursa Maior S27P, is the first and only extruded polystyrene thermal insulation panel that combines a thermal conductivity rate of 0.027W/mK with high compressive strength of 300kPa. Other features include water resistance and resilience to freeze and thaw cycles. It is being produced at Ursa’s Bondeno plant.
France: Saint-Gobain plans to build a new glass wool production line at its Isover branded plant at Chemillé near Angers. The line is scheduled to start production in mid-2019. It is being built to meet rising demand in the French market for roof insulation products.
In addition, Saint-Gobain is planning to open new production lines at its plants in Azuqueca near Madrid in Spain and Vidalengo near Milan in Italy. These lines will open in spring and autumn 2018 respectively. Altogether Saint-Gobain has invested Euro45m in the upgrades with the majority placed in Chemillé.
Sika buys majority stake in Index
16 January 2018Italy: Switzerland’s Sika has purchased a majority stake in Index Construction Systems and Products, a manufacturer of insulation, roofing and waterproofing products based near Verona. The acquisition is intended to extend Sika’s position in the Italian market and offer advantages in Southern Europe and North Africa. No value for the transaction has been disclosed.
“Index is a proven industry leader and together we will hold a strong number one position in the Italian roofing market. On account of its high research and development competence, and expandable production capacity, Sika will establish the new site as its Southern European production hub for bituminous systems, with potential to also serve the Middle East and Africa,” said Paul Schuler, the chief executive officer (CEO) of Sika.
Index’s product portfolio consists of bituminous membranes for roofing and waterproofing, products for thermal and acoustic insulation, as well as waterproofing and repair mortars. The company mainly serves customers in Italy, but also in more than 100 other countries worldwide. Index was established in 1978 by Luigi Carlon, who has owned and run the company since then. To ensure a smooth transition, he will keep a minority stake and continue to contribute to the management of the company as the chairman of the board of Index.
Italy’s top court annuls conviction for Swiss billionaire in Eternit asbestos scandal
21 November 2014Italy: Italy's top court has overturned an 18 year jail sentence for a Swiss billionaire who was convicted over his role in the country's biggest asbestos scandal. According to the court, too much time had passed since the alleged wrongdoing.
Stephan Schmidheiny was found guilty in 2012 of negligence at his company's Italian factories in the 1970s and 1980s, which eventually led to almost 3000 asbestos-related deaths. However Italy's highest court annulled the verdict on 19 Wednesday 2014, saying the statute of limitations had kicked in. The decision means that Schmidheiny will also escape having to pay millions of Euros in fines and compensation ordered by Italian courts in 2012 and 2013.
Prosecutors in the original trial said that Schmidheiny had not taken sufficient measures to protect the health of workers and nearby residents from the asbestos used at the Italian plants of his building material firm Eternit. The factories had used asbestos in the production of cement. The plants closed in 1986, but workers and local residents continue to suffer the consequences, with Italy's biggest union saying that the latest victim of an asbestos-related disease was only buried on 15 November 2014.
Prime minister Matteo Renzi said the ruling underscored the need to reform Italy's notoriously snail-paced judicial system. "We need to ensure that trials take less time and change the statute of limitations," said Renzi.
Russia’s TechnoNicol buys Italian membrane firm
25 September 2014Italy: TechnoNicol has strengthened its position in Western Europe with the acquisition of an Italian insulation and waterproofing producer, Italiana Membrane. TechnoNicol has said that it intends to invest in small upgrades aimed at increasing production efficiency and reducing costs at its new Italian business over the next two years.
Italiana Membrane runs several production plants that manufacture a range of roofing and waterproofing bitumen modified membranes, which are sold in Italy and 50 other countries. The company exports around 35% of its output, mainly to markets in North and Latin America, Scandinavia and the Middle East. In 2011, its annual turnover amounted to Euro50m.
"The acquisition of Italiana Membrane allows us to not only increase exports, but it gives TechnoNicol the opportunity to take a significant niche in the western markets," said TechnoNicol's president Sergei Kolesnikov. Prior to the takeover, TechnoNicol held talks with Italian trade unions and reached an agreement on the number of Italiana Membrane workers it would employ and future pay levels.
The Italian firm's main plant has a production capacity of 20Mm2/yr. It operates three polymer-bitumen material lines; one line produces roofing shingles made of APP modified bitumen reinforced with non-woven polyester and glass fibre; another turning out heat insulation and waterproofing panels and a sixth line producing waterproofing liquids.
Jail for two businessmen in historic asbestos trial
14 February 2012Italy: A Swiss billionaire and a Belgian baron have been found guilty and sentenced to 16 years each in prison by an Italian court in a ground breaking trial over more than 3000 asbestos-related deaths.
Stephan Schmidheiny, 64, the former owner of a company making Eternit fibre cement, and Jean-Louis Marie Ghislain de Cartier de Marchienne, 90, a major shareholder, were sentenced in absentia after being found guilty of causing an environmental disaster and failing to comply with safety regulations. They were also ordered to pay Euro30,000 in damages to relatives of people killed by asbestos-related diseases and Euro35,000 for every sick person, as well as other payouts expected to total tens of millions of Euros.
"It's a fair verdict which acknowledges their responsibility," said lawyer Sergio Bonetto. "The problem now is to see if the condemned men will face up to their obligations."
Prosecutors said Eternit failed to stop asbestos fibres left over from production of roof coverings and pipes at its northern Italian factories from spreading across the region. During the trial, which started in December 2009, some 2100 deaths or illnesses were blamed on the asbestos fibres. Such crimes usually carry a maximum 12-year sentence, but prosecutors had sought a harsher punishment because, they say, the fall-out continues to affect its victims. Defence lawyers denied that the accused had direct responsibility for the Italian company, and the pair have been absent from court throughout.
Italian health minister Renato Balduzzi hailed the verdict by the three-judge Turin court as 'without exaggeration, truly historic,' noting that it came after a long battle for justice.