
Insulation industry news from Global Insulation
Etex acquires Superglass
28 June 2023UK: Belgium-based Etex has concluded a deal to acquire glass wool insulation producer Superglass. Superglass operates the Stirling glass wool insulation plant in Stirling, Scotland, and employs 200 people. Etex says that the acquisition will increase its number of employees in its insulation division, which operates 11 plants across Europe, to 1500, and its total UK-based employees to 1300. Etex already produces gypsum wallboard, fibre cement sidings and slates and fibre cement corrugated sheets in the UK.
CEO Bernard Delvaux said “Etex has a clear focus to be the most innovative and sustainable global lightweight building material manufacturer. Joining forces with Superglass today is a great step forward on our growth path in insulation, just one year after we acquired URSA. The need for energy efficient and sustainable buildings is crucial, and Superglass and URSA are a perfect answer for it.”
Belgium: Recticel has launched a new range of polyurethane insulation board products that contain 25% bio-circular raw materials. The new ‘Impact’ range reduces CO2 emissions by an average of 43% compared to a standard board while offering equivalent insulation performance. These new products are an important element of Recticel's proactive approach to reaching net zero emissions by 2050, as committed to the Science Based Targets initiative (SBTi).
The Belgium-based insulation producer also completed its divestment of its Engineered Foams division in mid-June 2023. The bulk of the business was sold to US-based Carpenter Co for an enterprise value of around Euro454m with two UK-based units sold to GIL Investments, as part of the competition clearance provided by the UK Competition & Markets Authority (CMA). Following the divestment of its Engineered Foams division, Recticel has become solely an insulation manufacturer.
UK/Ireland: Knauf Insulation UK & Ireland has launched ‘OmniFit Slab 32’, a 32 lambda glass mineral wool insulation slab product for use in light steel frame systems (SFS) as part of a rainscreen façade or other external wall build-ups.
Liliya Luke, the Glass Mineral Wool Product Manager at Knauf Insulation, said “We have launched OmniFit Slab 32 to help our customers deliver the low U-values required, without compromising on fire safety, acoustic performance or sustainability.” He added, “Specifiers can now optimise their rainscreen façade systems by adding the benefits of glass mineral wool to their build-up - delivering acoustic performance, and reduced embodied carbon compared to rock-only solutions, with an insulation specification that remains completely non-combustible.”
The new product is primarily designed for use with ‘Rocksilk RainScreen Slab’ when used in rainscreen applications, and is suitable for use in the external wall systems of all residential buildings over 11m tall and relevant residential buildings over 18m tall. It is the latest addition to Knauf Insulation's OmniFit range of glass mineral wool roll and slab products.
Kingspan increases first-quarter sales in 2023
04 May 2023Ireland: Kingspan recorded sales of US$2.21bn during the first quarter of 2023, up by 4% year-on-year from first-quarter 2022 levels, Reuters has reported. The producer said that group insulation sales remained in line year-on-year. Insulated panel sales remained ‘sluggish,’ but constituted 25% of all orders. By region, sales were ‘strong’ in the Americas and ‘solid for the most part’ in Western Europe, while conditions ‘remained tough’ in Central and Eastern Europe. Kingspan forecast first-half earnings of US$441m in 2023.
The company proposed its future delisting from the UK-based London Stock Exchange, where it says current share trading is ‘negligible as percentage of total trading.’
Settlement reached in Grenfell Tower civil court case
14 April 2023UK: Around 900 people have reached a settlement at the High Court related to civil claims following the fire at Grenfell Tower in 2017. A total settlement figure of Euro170m has been set by the court, according to ITV News. However, the civil claim will have no determination on the ongoing public inquiry into the fire and any potential future criminal charges.
Both cladding company Arconic and insulation producer Celotex have been part of the various civil legal cases. Celotex, a subsidiary of Saint-Gobain, said that “without admission of liability” it had agreed to make a financial contribution towards the settlement. It added that, “Celotex and the Saint-Gobain Group reaffirm their deepest sympathies to everyone affected by the fire.” Kingspan has also confirmed its involvement in civil cases relating to the fire at Grenfell Tower in a statement reported upon by Building magazine.
UK/Ireland: The UK Housing Secretary Michael Gove has invited Ireland-based Kingspan to enter into discussions over a possible contribution by the company towards fire safety renovations on unsafe buildings across the UK. Following the deadly Grenfell Tower fire of June 2017, extensive UK housing stock was found to be unsafe due to the presence of flammable materials in exterior insulation systems. In an open letter, Gove said “Those companies who do not share our commitment to righting the wrongs of the past must expect to face commercial consequences.”
The Irish Times newspaper has reported that Kingspan previously said that it would contribute to 'an appropriate joint government and industry-wide funding mechanism' for the policy. Kingspan's Kooltherm K15 phenolic insulation accounted for 5% of Grenfell Tower's insulation. Kingspan clarified that it was not responsible for the supply of the insulation used in construction of the tower.
UK: The Peatland Progress bog restoration project in Cambridgeshire will plant and harvest bulrushes for use as a raw material in alternative insulation production. The Evening Standard newspaper has reported that trials have successfully produced insulation from bulrushes in Germany and the Netherlands. Peatland Progress holds Euro9.08m in National Lottery funding. The project will rewet peat and restore wetland habitats over 120 hectares of the historic Fens.
Ross Foreman appointed as National Wood Wool Manager for UK & Ireland for Knauf Insulation
13 February 2023UK/Ireland: Knauf Insulation has appointed Ross Foreman as its National Wood Wool Manager for UK & Ireland. Foreman will support the company’s drive to meet increasing demand for its Heraklith range of wood wool products.
Knauf Insulation offers two core products in the Heraklith range: the Heraklith A2 Decorative Panel, which is a cement-bonded wood wool panel; and the Heraklith Tektalan A2 SmartTec, which is a cement-bonded wood wool panel combined with a rock mineral wool insulation core. Both products are non-combustible with A2 - s1, d0 Euroclass reaction to fire classification.
The Heraklith A2 Decorative Panel is designed for use in residential, recreational, industrial and commercial environments where sound absorption is desired. It is available in three panel thicknesses with thermal conductivity of 0.085W/mK.
Heraklith Tektalan A2 SmartTec is suitable for insulating the soffits of carparks and underground garages, basement ceilings and technical rooms. It has a thermal conductivity of 0.095W/mK and the mineral wool core a thermal conductivity of 0.034W/mK.
SIG’s revenues grow in 2022 despite softer second half
13 February 2023UK: SIG’s sales revenue grew by 17% year-on-year to Euro3.12bn in 2022 on a like-for-like basis. Market demand fell in the second half of the year with particularly slowed growth in Poland and Ireland although growth increased in the Benelux region. The group said that its commercial strategy had strengthened its positions in the markets in which it operate. It observed that although input price inflation eased in the second half of 2022 it had slowed revenue growth. The company also reported a one-off loss of around Euro5.60m in the second half due to Avonside, a large UK-based roofing contractor and one of the group's largest customers, entering financial administration.
Kingspan launches QuadCore LEC insulation panels
27 January 2023Ireland/UK: Kingspan has launched a range of reduced-CO2 insulation panels called QuadCore LEC. The producer says that a 100mm-thick QuadCore AWP panel has 40% lower embodied CO2 than an EN15804-A2 standard insulation panel of the same thickness.
Kingspan’s head of innovation Mike Stenson said “As a business we are committed to developing high performing, energy efficient building envelope solutions that help minimise the carbon footprint of buildings over the whole life cycle.” He added “QuadCore is already one of the highest performing insulation technologies in terms of thermal efficiency (underpinned by a 25-year thermal warranty), which could enable higher energy and carbon savings through the operational life of the building. This is the first step on our journey to reducing the embodied carbon of our products, and we anticipate some major milestones by 2030 to drive that down even further.”