Insulation industry news from Global Insulation

UK: Norway-based BEWI has acquired an additional 51% stake in Jablite Group for around Euro12m making it the sole owner. It previously purchased a 49% stake in the expanded polystyrene (EPS) insulation products producer and civil engineering provider in June 2020. At the time Jablite initiated a restructuring programme due the negative effects of the coronavirus pandemic and resulting lockdowns. As part of the programme it also closed two of its facilities.

The current management of Jablite, including managing director Richard Lee and finance director John Cooper, will continue in their roles going forward. Rik Dobbelaere, a previous chief executive officer (CEO) of Synbra Holding and BEWi Synbra Group, and director of the board of BEWI ASA, has been director of the board of Jablite since BEWI’s acquisition of the 49% stake in 2020.

“We are very pleased to now be able to include Jablite fully to our team. The company has shown an impressive development the last two years, and we look forward to further strengthen our market position in the UK together going forward,” said Christian Bekken, CEO of BEWI. He added that Jablite’s operations would complement the UK-based operations of Jackon well and that synergies were expected by combining the two companies once the acquisition Jackon transaction is completed. BEWI started to buy the Norway-based supplier of insulation and construction systems in late 2021.

BEWI is an international provider of packaging, components and insulation products.

UK: Two management buyouts (MBOs) at Synbra Group have resulted in the establishment of the UK's largest expanded polystyrene (EPS) producer.

With the financial backing of Mobeus Equity Partners, the management of Styropack and Jablite have successfully completed MBOs. The new company is owned by Richard Lee, the former CEO of Styropack, as well as Ken Hutchins, who now acts as finance director. The two other owners are Wayne Brown, who will oversee operations and Mobeus' John Colley, who has been named chairman.

The new owners have assured customers that business will proceed as usual, adding that they plan to further strengthen the two companies' market share in the future. "We are absolutely determined to grow our new company into a larger, thriving business whose products are always the first choice for insulation and packaging in the UK," said Lee. Styropack produces packaging solutions for the shipping, automotive, pharmaceutical, fishery and gardening segments, while Jablite specialises in the manufacture of EPS insulation.

UK: Jablite, the UK's leading manufacturer of expanded polystyrene insulation products, has appointed Silo, a new design studio, as 'designers-in-residence' at its Belvedere manufacturing site in east London. This unlikely relationship between an insulation manufacturer and the pair of designers, both MA graduates from the Royal College of Art, is taking both parties in unexpected and exciting directions.

"We were very impressed when we saw Silo's final degree show pieces made from EPS that we had given them," said Richard Lee, Managing Director at Jablite. "They were looking for sponsors to help them set up a studio. Instead of cash, we offered them studio space on our site." Jablite was keen to offer the pair a 'residency.'

"This is not something Jablite has ever done before but we are changing the way we work," said Lee. "Innovation of our products and operations is now central to our way of doing business and taking on Silo seemed an interesting step for us and them."

Through a process of trial and error, Silo has developed a new variant of EPS called 'Not So Expanded Polystyrene' (NSPS) and they have created some extraordinary and beautiful pieces with it, using handmade textile moulds.

"For us, the relationship with Jablite is a great opportunity. We can see how Jablite manufactures, the high standards it works to and the pressure of making quality products in large volumes to order and we can learn from that," said Oscar Wanless, one half of Silo. "Our aim is to use the same material and processes, but in an entirely new way, in a way that enables us to find new potential in a familiar material."

"Our challenge was to change the material properties to create a more durable, rigid and structural material that people will want to use and keep," added Silo's Attua Aparicio.