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News Displaying items by tag: Power plant

Insulation industry news from Global Insulation

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TechnoNICOL to build new stone wool plant in Rostov

22 April 2025

Russia: TechnoNICOL says that it will build a US$61.3m stone wool plant in the Krasnosulinsky Industrial Park in Rostov Oblast, scheduled for commissioning by late 2026. Interfax-Russia News has reported that the plant will include a 20MW power plant and new warehouses, situated on a 25ha site next to the company’s existing plant in the industrial park. Preparatory work is complete for the commencement of construction in May 2025.

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TechnoNICOL to invest US$219m in mineral wool operations in Russia in 2025

11 March 2025

Russia: TechnoNICOL says that it will invest US$219m in new mineral wool plants and plant upgrades in Russia throughout 2025, as part of a drive to raise its capacity to 5Mm3/yr by 2030. Interfax has reported that projects include the upcoming Krasnosulinsky stone wool insulation plant in Rostov, scheduled to open in late 2026. In Moscow, the company is investing US$46.2m to rebuild it Serpukhov glass wool plant, scheduled for completion in April 2026. At its Ryazan plant, meanwhile, TechnoNICOL is installing a 1.25Mm3/yr mineral wool recycling line and captive power plant, with a combined investment of US$29m.

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Invenergy signs 125MW power purchase agreement with Owens Corning

16 November 2015

US: US developer Invenergy has signed a 125MW wind power purchase agreement with Owens Corning. When completed, Invenergy's Wake Wind facility in Texas will provide Owens Corning with power sufficient to supply 32,000 homes each year. Invenergy will also help Owens Corning support the wind power industry, a market to which the company supplies glass fibre reinforcements.

"Owens Corning has a long history of delivering energy-efficiency improvements through our products and in our operations," said Owens Corning Chief Sustainability Officer Frank O"Brien-Bernini. "Our ambitious and impactful greenhouse gas reduction goal is being made more achievable by collaborating with great partners, like Invenergy, to execute large scale wind energy agreements like this."

"Over the last few years there has been a seismic shift in the way corporate customers like Owens Corning have thought about the value proposition of renewable energy. Not only is it good for the environment, it's good for the bottom line," said Invenergy's Sales and Marketing Lead Craig Gordon. "By acting now, these customers are taking advantage of extremely competitive long-term wind energy pricing, as well as facilitating the transition to a sustainable and clean energy economy."

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