Insulation industry news from Global Insulation
Hankuk Glass Industries makes offer for minority shareholders
21 September 2018South Korea: Hankuk Glass Industries (HGI), a subsidiary of Saint-Gobain, has launched a tender offer to acquire the 23% of its shares owned by minority shareholders. As a result of this successful offer, Saint-Gobain, together with HGI, now holds 96.8% of the share capital of HGI, with a delisting planned. HGI manufactures insulation for the construction and automotive markets and glass products for markets in South Korea and Asia.
Saint-Gobain buys HKO
01 August 2018Germany: Saint-Gobain has acquired HKO, a manufacturer of very high temperature thermal insulation and fire protection solutions made from various types of glass fibres to cover temperature resistances between 600 and 1000°C. The French building materials company said that the purchase was in line with its strategy of developing technological niches. It will join the ADFORS business within the High-Performance Materials Activity.
Founded in the 1970s, HKO employs 225 people and has two plants in Germany with sales affiliates in France, USA and China. It reported sales of Euro39m in 2017. With mostly customised solutions. It serves the construction, industrial and automotive markets.
UK: An investigation by the BBC’s Panorama news program has alleged that a safety test for Celotex’s RS5000’s polyisocyanurate foam (PIR) insulation board product used extra fire retardant in safety tests. The programme believes that a different product was eventually sold to the public. It also accused the subsidiary of Saint-Gobain of mis-selling the insulation with misleading marketing.
Celotex said that it was unaware of this allegation and had not identified anything that would support it. It is investigating this allegation as a ‘matter of urgency.’ It added that it had not used any special formulation for a recent successful BS-8414 system test in May 2018 or Class 0 fire testing.
Celotex suspended supply of RS5000 PIR insulation board in June 2017 following its use as part of the rainscreen cladding system in the refurbishment of Grenfell Tower. The building had a fire in June 2017 that killed 72 people.
UK: Celotex says that a rainscreen cladding system using its RS5000 polyisocyanurate foam (PIR) insulation board product has passed the BS 8414:2 safety test. The insulation producer previously announced in January 2018 that it had found errors between a previous test and the description of the system in the report of the test. It added that the rainscreen cladding system conformed to the BR 135 fire test. It is now notifying the relevant bodies and is contacting its customers about results of this latest test.
Celotex suspended supply of RS5000 PIR insulation board in June 2017 following its use as part of the rainscreen cladding system in the refurbishment of Grenfell Tower. The building had a fire in June 2017 that killed 71 people. The suspension remains in place.
UK: A leaked report by the by fire investigation specialists BRE Global has blamed a poor cladding refurbishment on a lethal fire at the Grenfell Tower in London on 14 June 2017. The document, leaked to the Evening Standard newspaper, found multiple deficiencies in the installation of the windows, cavity barriers and cladding system, and their failure to meet building regulations.
The report described insulation used in the refurbishment as ‘combustible’ and said that it provided a medium for the fire to, ‘spread up, across and within sections of the façade.’ BRE noted that the 75mm insulation foam used on most of the spandrel beams had, ‘no markings to identify the manufacturer of the foam.’ The Evening Standard says that 100mm Celotex foam insulation was also used in the columns but that the BRE report does not further distinguish between the two types.
71 people were killed in the fire that took place on 14 June 2017. The draft BRE report was submitted to the Metropolitan Police Service as part of its investigation.
Romania: Saint-Gobain Isover is upgrading its Ploiesti mineral wool plant. A modernisation and extension project of its stone wool production line is scheduled to start operation in the second half of 2019. The upgrade will increase the plant’s production capacity to 30,000t/yr and extend its range of products for the Romanian market and neighbouring countries.
Saint-Gobain Isover has run operations on its Ploiesti site since 1997, with a glass wool line currently being modernised and due to start up in July 2018, and a stone wool line.
UK: Celotex has found errors in a safety test for its RS5000 polyisocyanurate foam (PIR) insulation board product that was used as part of the rainscreen cladding system in the refurbishment of Grenfell Tower. As part of a review of the product the company has determined that there were differences between the system as tested for BS 8414:2 and the description of that system in the report of the test. The BS 8414:2 safety test was originally conducted prior to the RS5000 product being launched.
The insulation producer is exploring whether any safety issues arise from the differences in the test. It says it has notified the relevant bodies and is contacting its customers.
“It is a matter of real regret for us that this issue has arisen: we fully recognise its potential seriousness and that it will give rise to concern. We are working hard to arrange the further testing as quickly as possible and we will make a further announcement once the results of that testing are available,” said Celotex in a statement.
Celotex suspended supply of RS5000 PIR insulation board in June 2017 following a fire at Grenfell Tower in London that killed 71 people.
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.
Kuwait: Saint-Gobain and Kuwait’s Alghanim Industries have become joint venture partners in insulation producer Kimmco. Kimmco runs a mineral wool plant in Shuaiba-Kuwait, operating under license from Saint-Gobain Isover. It reported sales of around Euro70m in 2016 selling products in Kuwait and the Middle East.
Saint-Gobain and Alghanim Industries already operate joint venture in Turkey (Izocam) and Saudi Arabia (Siimco). Kimmco, like the other common joint-ventures, will be managed jointly by both partners and will be consolidated in Saint-Gobain's accounts.
Saint-Gobain Isover to restart glass wool production line at Ploiesti plant in Romania
04 December 2017Romania: Saint-Gobain Isover plans to reopen its glass wool production line at its Ploiesti plant in July 2018. The line is expected to restart following a complete furnace rebuild and other upgrades. 50 new jobs will be created in production, logistics and administrative departments.
“The production line allows Isover to adapt its glass wool production capacity to the market demand in the region, given that Romanian market is the largest of the South-East European region. Our decision was generated by the positive trend registered by the construction market in the past year, a trend that is expected to continue over the next years as well,” said Ovidiu Pascutiu, General Manager for Saint-Gobain Rigips and Isover Romania.
Isover has also announced plans to upgrade its stone wool production line at the Ploiesti plant in 2018. The production capacity of the line will be increased by 30,000t/yr in 2019 following the Euro50m upgrade.