Insulation industry news from Global Insulation
Knauf Insulation closes deal to acquire the Pilkington Architectural site in St Helens
02 December 2022UK: Knauf Insulation has concluded a deal to acquire the Pilkington Architectural site next to its glass wool plant in St Helens. The purchase of the seven hectare area is part of a combined Euro46m production capacity expansion project at both the St Helens and Cwmbran plants that was previously announced in April 2022. At the St Helens plant the company plans to use the additional space storage space and better logistics arraignments.
Knauf Insulation begins production at Tarnaveni plant in Romania
06 October 2022Romania: Knauf Insulation has begun mineral wool production at its recently acquired Tarnaveni plant in central Romania after investing Euro4m in upgrades. The investment covered the initial stages of modernisation at the Gecsat plant production line in Mures County, according to a Knauf press release.
A second stage of refurbishment began in September 2022. Once the entire investment plan is implemented, the Knauf Insulation factory in Tarnaveni will have an annual production capacity of about 60,000t/yr of mineral wool, with the aim of serving both domestic needs, as well as markets in Central and Eastern Europe.
Founded in 1918 in Tarnaveni as Ardeleana Glass Factory, former owner Gecsat started producing glass mineral wool at the site in 2007. Knauf announced that it was acquiring the glass mineral wool plant in January 2022 and became its owner in March 2022.
Kingspan acquires Calostat from Evonik
06 October 2022Germany: Ireland-based Kingspan has concluded a deal to acquire mineral wool-based sandwich panels producer Calostat from speciality chemicals company Evonik. Calostat's boards have Cradle to Cradle Gold certification for sustainability and employ a unique moisture management concept.
Kingspan said that the acquisition complements its portfolio and enhances its ability to offer the right type of insulation for every application.
Kingspan acquires Invespanel
03 October 2022Spain: Ireland-based Kingspan has acquires mineral wool-based sandwich panel producer Invespanel. Invespanel’s panels include extruded polystyrene (XPS) and expanded polystyrene (EPS)-core refrigeration panels, and the company continually develops new sandwich panels for various applications. Invespanel recorded a turnover of Euro11m in 2021.
Kingspan’s Southern Europe insulated panels director Josep Jordan said “The integration of Invespanel into Kingspan is a great opportunity to complement our offerings with customised products for even the most demanding applications. The synergies with the Kingspan group, together with Invespanel's technological know-how and human capital, will be the key tool to drive the growth of our project in Southern Europe.”
India: Knauf Insulation has donated and installed a 600m2 insulative Urbanscape Green Roof at Piala Ashar Alo girls’ primary school in Kolkata, West Bengal. The roof includes a 2cm-thick layer of exposed mineral wool in which plants are able to grow. By retaining up to 47% of rainwater, the roof can help to prevent streets from flooding in the rainy season. Knauf Insulation’s Slovenia-based Urbanscape team supported the installation. The producer says that the renovation will protect learners from summer highs of 40°C and winter lows of 9°C, as well as seasonal dust squalls and downpours.
Head of building science Domen Ivanšek said “The flat surface of the 10cm-thick concrete roof was constantly hot, overheating the rooms below, and it was covered with a latex waterproof layer that was coming to the end of its life. When the school’s head said she wanted to provide the children with a place to learn about gardening and botanical science, it was clear that an Urbanscape Green Roof was the best solution all round.”
Valentin Salazar appointed as plant manager of Knauf Insulation’s new glass wool insulation plant in Texas
31 August 2022US: Knauf Insulation has appointed Valentin Salazar as the manager of its forthcoming glass wool insulation plant at McGregor in Texas. Other hires include Alex Garcia as Health, Safety & Environmental Manager and JT Tristan as Human Resources Manager. Crossland Construction was previously announced as the general contractors for the project in July 2022. The company expects to open its new unit in early 2024.
UK: Denmark-based Rockwool has launched its NyRock stone wool technology in the UK. The insulation producer says that the new product offers the “lowest lambda stone wool insulation available in the UK.” It is manufactured using a new patented production process and offers a thermal conductivity as low as 0.032W/mK. One of its key features is that it can deliver better insulation with comparatively thinner constructions compared to similar products. It also offers the usual benefits of stone wool insulation including durability, recyclability, acoustic properties and fire resistance. NyRock technology will be rolled out across a range of Rockwool insulation products during 2022.
KCC upgrading Gimcheon and Munmak glass wool plants
20 July 2022South Korea: KCC Corporation is upgrading its Gimcheon and Munmak glass wool plants. A second production line is being built at the Gimcheon plant in Gyeongbuk and the production capacity of the existing production line is being increased at the Munmak plant in Gangwon-do. The upgrade projects will be completed in October and March 2023 respectively. Once finished the combined projects will increase the company’s total production of glass wool by 80,000t/yr.
KCC says that it is making the investment in inorganic insulation production capacity in response to revisions to local building regulations. It added that the law was changed in 2021 due to several fire-related incidents. The upgrades are also expected to reduce production costs per unit.
Denmark: Rockwool recorded consolidated sales of Euro924m in the first quarter of 2022, up by 38% year-on-year from first-quarter 2021 levels. The group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 12% year-on-year to Euro155m.
CEO Jens Birgersson “High demand and sales price increases drove double-digit revenue growth across almost all business units. While not materially affecting sales performance at this point, the terrible war in Ukraine and the challenging geopolitical situation are contributing to an already stressed global economy. Even with the price increases, the soaring energy, material, and logistics costs diluted margins in the first quarter. This will necessitate further price increases across the businesses.” Birgersson added “We expect to restore margins in the coming quarters.”
In its Outlook 2022, Rockwool predicted full-year net sales growth of 20 – 25% in local currencies and Euro425m-worth of group investments during the year, excluding acquisitions. It says that its business in Russia continues operating on a stand-alone basis, in order to avoid nationalisation and loss of its intellectual property.
US: Saint-Gobain plans to spend US$32m towards to upgrade to CertainTeed’s Chowchilla glasswool plant in California. The investment is part of a US$400m expansion package planned for four US plants previously announced in November 2021. The upgrade work at Chowchilla will include the addition of a new furnace and other equipment that will use less natural gas and electricity. It is the largest investment in the site since its creation in 1978. Saint-Gobain Group estimates that these improvements will reduce CO2 emissions by 4000t/yr at the site.