
Insulation industry news from Global Insulation
Indutrade to acquire Bramming Plast-Industri
31 October 2022Denmark: Sweden-based Indutrade has concluded an agreement to acquire foam producer Bramming Plast-Industri. The parties expect to close the transaction later in 2022.
Bramming Plast-Industri's products include Inotan polyurethane (PU) and polyisocyanurate (PIR) foams and Setex recycled PU granular foam.
Belgium: The Programme for the Endorsement of Forest Certification (PEFC) has certified Recticel Insulation’s Recticel Eurothane GP, Eurothane Eurodeck and Eurowall Cavity polyisocyanurate (PIR) and polyurethane (PUR) as meeting good forest management standards. This ensures customers that the products’ multilayer paper facings are sustainably sourced.
Head of technical management Dirk Vermeulen said “With the PEFC label on our insulation products, we provide proof of our commitment to sustainability to architects, turnkey companies, project developers and contractors, as well as end-users.”
Belgium: Recticel Insulation has obtained Programme for the Endorsement of Forest Certification (PEFC) for its multilayer thermal insulation products. It says that it is the first polyisocyanurate (PIR) and polyurethane (PUR) producer to do so. The insulation manufacturer will be selling thermal insulation products, with multilayer paper facings made from wood fibres sourced from a PEFC-certified and sustainably managed forests. The PEFC label will be added to its Recticel Eurowall, Eurothane Silver, Eurothane Silver A, Eurofloor, Euroroof, Eurothane GP, Eurowall Cavity and Eurothane Eurodeck products.
Recticel Insulation already held the PEFC label for some of its insulation products manufactured at its plants in Bourges, France and Stoke-on-Trent, UK. The certification is now being gradually rolled out to more products and to all plants where multilayer facings are used.
Kingspan acquires Minnesota Diversified Products
08 October 2021US: Ireland-based Kingspan has acquired Minnesota Diversified Products, the producer of the DiversiFoam range of expanded polystyrene (EPS) and extruded polystyrene (XPS) foam and polyisocyanurate (PIR) foam billets. The group says that DiversiFoam will join Kingspan Insulation’s North American division and become a key proponent of its 10-year sustainability programme, Planet Passionate. It plans to expand the company’s Rockford EPS foam plastic recycling plant. Minnesota Diversified Products is committed to recycling 99% of production waste.
Managing Director Doug Crawford said "DiversiFoam and Kingspan are a natural fit from a geographic, technical and cultural perspective. The combination of these two outstanding businesses, coupled with Kingspan’s commitment to further investment will provide our collective customer base, our employees and our business partners with significant value. I am thrilled to welcome the DiversiFoam team into the Kingspan family.”
Ireland: Xtratherm has agreed to acquire Ballytherm’s Ireland and UK operations. The businesses include one polyisocyanurate (PIR) insulation plant in Ballyconnell, County Cavan and a new production unit that the company is preparing to open at Ross-on-Wye in the UK. The expansion is intended to expand the operations of Unilin Insulation, the owner of Xtratherm, in the UK and Ireland.
Barry Rafferty, the managing director of Xtratherm, said “The acquisition of Ballytherm, along with additional investment in new technologies will allow Xtratherm to deliver on operational excellence, new product innovations and improved service that will contribute towards a stronger and more sustainable future for our employees, customers and the construction sector in the UK and Ireland.” At present Xtratherm operates two foam insulation plants in Ireland and the UK respectively.
The proposed acquisition will be subject to the approval of competition authorities in Ireland. The transaction is expected to complete by the end of 2021.
Poland: Belgium-based Recticel has signed a preliminary agreement with Poland-based insulation company Gór-Stal. Under the agreement, the producer will acquire the company’s polyisocyanurate (PIR) insulation business for Euro30.0m. The company employs 66 people at its Bochnia plant in Lesser Poland Province. In 2020 it generated net sales Euro16.7m and earnings before interest, taxation, depreciation and amortisation (EBITDA) of Euro2.50m. Its capacity utilisation rate was 40%.
Chief executive officer Olivier Chapelle said, “The acquisition of the Gór-Stal PIR-based insulation board activities marks an important step in the development of our insulation business. This acquisition perfectly fits our ambition to further expand in the growing thermal insulation markets of Central and Eastern Europe. It meets three fundamental prerequisites: a state-of-the-art asset, a perfect geographical complementarily, and a focus on high performance PIR insulation solutions. We look forward to welcoming our new and highly skilled colleagues from Gór-Stal.”
Recticel expect to close the deal in July 2021.
UK: The Construction Products Association and the Builders Merchants Federation have raised the issue of low short-term availability of polyurethane (PUR) and polyisocyanurate (PIR) insulation. The associations attributed the shortages to the effects of ‘historically’ high raw materials costs on production. These it said resulted from high international demand for raw materials and finished products and challenges as a result of the Covid-19 pandemic.
The associations expect PUR and PIR availability to improve in the third quarter of 2021. They said that long-term demand growth was set to continue, in part due to the government’s 2050 net zero carbon target.
Assan Panel launches AssanBoard polyurethane-polyisocyanurate and AssanWool stone wool insulation boards
06 January 2021Turkey: Assan Panel has added two new insulation boards to its product range. Its new AssanBoard insulation boards consist of a polyurethane (PUR)-polyisocyanurate (PIR) mix, while its new AssanWool insulation boards are made of stone wool. The company says that both boards are suitable for roof trapezoidal sheet, seam system, cassette and curtain wall system use, as well as for use in acoustic applications and fire compartment applications.
Mannok outlines Brexit preparations
17 December 2020Ireland/UK: Mannok says that it has undertaken extensive preparatory measures to help its operations transition smoothly when the Brexit transition period ends on 31 December 2020. While keeping operations unchanged, the group has formed new legal entities such as Mannok GB, which will deal with UK customers. The group acknowledged that prices would depend on the future tariff arrangement between the UK and the EU, but would remain in line with market pricing. It added that the same effects would impacts competitors, who import significant amounts of raw materials from Europe.
The group said that it has been working closely with suppliers for over 18 months to ensure the security of its supply chains. It has capacity at its sites to store enough raw materials for polyisocyanurate (PIR) insulation for a ‘number of weeks’’ of production.
Chief financial officer Dara O’Reilly said, “A key priority for us in all of this was to ensure that the service we can provide to our customers in a post-Brexit environment is as seamless as possible. We’ve made the changes to our structures; we’ve made the changes to how we operate and as a result of that, regardless of the outcome of the Brexit negotiations, we’re ready.”
Ballytherm UK orders lamination line from Hennecke-OMS
09 October 2020UK: Italy-based Hennecke-OMS says that it has received an order for a 45m/min lamination line for Ballytherm UK’s upcoming 1.2Mm2/yr Herefordshire polyisocyanurate (PIR) and polyurethane (PUR) insulation plant. The plant consists of a continuous foaming line including a 38m double belt conveyor and foaming, mixing and distribution units for the PUR foam inside the two flexible facings, a cross cutting unit, a panel cooling section and stacking and packing equipment. The company said, “The entire plant in a fully automatic cycle and is controlled by a series of electric control panels based on an industrial Siemens S7 PLC and with relevant interface operator panels.”
The supplier added, “The choice of Hennecke-OMS as the supplier for Ballytherm’s second plant confirms the excellent co-operation between supplier and customer, as well as Hennecke-OMS’ leading position in continuous plant technology.”
Installation will commence in October 2020 and Ballytherm plans to commission the line in early 2021. It has future potential for expansion to 70m/min lamination capacity, according to the supplier.