Insulation industry news from Global Insulation
Rockwool acquires Wetherby Building Systems
25 October 2024UK: Denmark-based Rockwool has acquired external thermal insulation composite systems producer Wetherby Building Systems. Reuters has reported that the newly acquired company will now operate as part of Rockwool Wall Systems, under the name Wetherby Wall Systems. The integration parallels that of previous Rockwool acquisitions in other markets, like Fast Wall Systems in Poland and Heck Wall Systems in Germany.
Rockwool CEO Jes Munk Hansen said “The share of stone wool insulation in the Wetherby business has been growing steadily, and we will be completing this transition to a fully stone wool-based portfolio, as we have done in other markets in the past.” He added that this will advance Rockwool’s transformation of the construction sector towards non-combustible façades.
Wetherby Building Systems managing director Bob Deane said “There is a long-standing relationship between Wetherby and Rockwool, and the match is strong on all significant drivers.”
European mineral wool insulation market to reach €9.44bn in 2028
17 October 2024Europe: Market research company Freedonia Group has forecast a 3% composite annual growth rate in European insulation demand over the five-year period between 2023 and 2028. This will result in a market value of €9.44bn, corresponding to volumes of 3.2Mt, in 2028. Drivers of the anticipated growth include tighter fire safety regulations and the cost effectiveness of mineral wool insulation.
Sweden: Owens Corning subsidiary Paroc has applied to expand its Hällekis insulation plant to 115,000t/yr of stone wool production capacity as part of an on-going upgrade. Nordic Daily News has reported that the company is also electrifying the plant and implementing recycled raw materials use. When commissioned, the upgraded plant will process 100,000t/yr of recycled minerals.
Knauf Insulation completes new plant in Târnăveni
04 September 2024Romania: Knauf Insulation has announced the completion of its new 100Mm2/yr mineral glass wool plant in Târnăveni, scheduled for inauguration by the end of 2024. With an investment of approximately €140m, the facility has a capacity of 75,000t/yr of mineral glass wool. This output will meet both domestic and regional market demands and create 100 jobs.
Adrian Garofeanu, general manager of Knauf Insulation Romania and Bulgaria said “In the second half of 2024, we are inaugurating the new Knauf Insulation unit in Romania. It is a remarkable success of the team, which will turn Târnăveni into a key location on the map of the international production of mineral glass wool.”
UK: Knauf Insulation UK & Ireland is preparing to build a €200m rock mineral wool plant to supply the UK market. The company is currently discussing with the authorities where the plant will be situated. The unit will have a production capacity of over 100,000t/yr and will use low-carbon electric melting technology. It is anticipated the additional capacity will become available in 2026.
Neil Hargreaves, Knauf Insulation’s Managing Director for Northern Europe, said "Following the €50m investment across our two UK glass mineral wool plants in 2023 - 2024, this represents another exciting development for the business and our valued customers, as well as a further sign of confidence from Knauf Group in the future growth of the UK and Northern European mineral wool markets. The investment represents a step change in the capacity, capability, and sustainability of our UK rock mineral wool solutions, whilst significantly contributing towards Knauf Group’s ambitious sustainability goals."
Kazakhstan: Russia-based TechnoNICOL has begun building its upcoming US$124m Karaganda insulation plant. Interfax Kazakhstan Newswire has reported that the plant will export 30% of its insulation to Russia. Additionally, it will export some insulation to China, Kyrgyzstan, Mongolia and Uzbekistan.
Kingspan Insulated Panels North America announces upcoming Mattoon mineral wool insulation plant
02 April 2024US: Kingspan Insulated Panels North America is building a new K-Roc mineral wool insulation plant in Mattoon, Illinois. The producer expects the plant to commence operations in early 2025. It will be equipped with a solar power plant and rainwater harvesting system, recycling system and electric vehicle charging stations. When operational, it will employ 50 people. Kingspan’s K-Roc mineral wool insulation offers a three-hour fire rating in wall applications and one-hour fire rating in ceiling applications.
Kingspan Insulated Panels North America president Alswinn Kieboom said "As a result of continued growth and optimism for the future, the addition of this new facility complements our existing footprint in North America, giving us better access to our customer base. We are looking forward to launching this new site and having a presence in the Midwest."
Knauf Insulation releases sustainability highlights report for 2023
07 December 2023Belgium: Knauf Insulation has released its ‘Sustainability Journey: 2023 Highlights’ report. It reveals the company’s sustainability strategy achievements focusing on safety, employee engagement, decarbonisation and the circular economy.
The company reduced its absolute full-scope emissions for its mineral wool production by 8.2% year-on-year to 1.34Mt of CO2e in 2022 from 1.46Mt in 2021, mainly due to a significant fall in Scope 2 emissions. it currently has a target to reduce its specific embodied carbon emissions by 15% from 2021 to 2025. The recycled content of its glass mineral wool products fell to 55% in 2022 from 64%, despite the company having a target of 65% by 2025. It explained that sourcing large volumes of recycled materials of sufficient quality had proved challenging in some markets. However, it did increase the recycled content of its rock mineral wool products to 13% from 11%, with a target of 25% set for 2024. It also reduced its total recordable incident rate by 8% to 5.9 from 6.4 against a target of below 5 for 2025.
Dominique Bossan, the chief executive officer for Europe, Middle East and Asia at Knauf Group, said “The report documents our progress towards achieving our 2025 sustainability targets. It shows the areas where we need to improve, celebrates where we have made positive progress and pays tribute to the hard work of our teams."
South Korea: KCC has started operating its new second 48,000t/yr glass wool production line at its Gimcheon plant. Chair Chung Mong-jin and chief executive officer Jeong Jae-hun attended a ceremony marking the achievement in late August 2023. The company says that the new line is the largest single one of its type in the country.
Indonesia: The Indonesian Safeguards Committee started an investigation into slag wool, rock wool and similar mineral wools (including intermixtures) in bulk, sheets or rolls from late July 2023. It scheduled a hearing in mid-August 2023 for interested parties - such as importers and exporters - to present their views and evidence on the matter.
A safeguard investigation seeks to determine whether increased imports of a product are causing, or threatening to cause, serious injury to a domestic industry. A World Trade Organisation member may take a safeguard action, including the temporary restriction of imports, only if the increased imports of the product are found to be causing, or threatening to cause, serious injury.