Insulation industry news from Global Insulation

Russia: The Ministry of Industry and Trade of the Russian government says that building materials are in high supply, but projected possible future shortages, beginning in 2024. Russian construction remains dependent on imports, and the government says that it will look to further develop the domestic production capacity of insulation and other materials from 2024.

Taiwan: Ming Dih Group is considering cutting output at its expandable polystyrene (EPS) plants in September 2016 due to low demand in the region, according to a company source quoted by ICIS. The company previously lowered output at its plants to around 70% of production capacity in July 2016 due to poor sales. It operates a 180,000t/yr plant in Taiwan and a 50,000t/yr plant in Thailand. Products from its plants are used to make insulation panels.