Insulation industry news from Global Insulation

Saudi Arabia: Maersk Arabia Logistics Services has signed a contract with Zamil Steel Construction Company for the construction of a building materials terminal at Jeddah Islamic Port in Jeddah. Local press has reported that the terminal will consist of multiple warehouses, a logistics yard and office facilities. It will stock glass and stone wool insulation and insulation panels, along with other products.

Belgium: The government has reduced value-added tax (VAT) on insulation to 6% from 21%. The measure aims to reduce national natural gas consumption in order to be prepared for any future shortage. Belgium is 6% reliant on Russia for its gas supply. Utilities companies supplying the Benelux region have declined to settle their bills with Russia-based producer Gazprom in Russian Rubles, so face a shut-off. Energy Minister Tinne Van der Straeten said that the Port of Zeebrugge was ready to begin imports of liquefied natural gas (LNG) from the US and elsewhere.

Van der Straete called on Belgians to ‘Insulate your homes, isolate Putin.’

Netherlands: Belgium-based Triple Helix has signed an agreement as one of the first concessionaires at the NextGen District at the Port of Antwerp. It plans to build a plant to convert polyurethane foam, from insulation panels and other sources, into polyols. These chemicals can then be reused, for example in the production of new polyurethane products. The plant is intended to be fully circular and self-sufficient in terms of energy.

Steven Peleman, the chief executive officer of Triple Helix, said “To drastically reduce emissions and waste pollution, we want to show the principle of material reincarnation to the world. In our plant at NextGen District, we want to recover polyurethane foams at the end of their life and transform them into their main components to be used again in new products. This is innovative and challenging, but with Port of Antwerp, BlueChem and our industrial and knowledge partners, we are ready to fight this battle. Not words but deeds!”

The Port of Antwerp has set aside the former 88 hectare General Motors site to develop into a future circular economy hotspot. Rubber and plastics recycling company US-based Bolder Industries has also signed up for an early place at the port.

Australia: Kingspan Australia has complained that its can’t compete against foreign competitors due to shipping charges at the Port of Melbourne. Charges at the port have led to the state government to consider taking action. Kingspan says it has conducted an international benchmarking survey across ports it uses, including those in the UK, the UAE, China and South Korea. It found that Melbourne was the most expensive and one of the most expensive ports in the world for terminal handling and port service charges.

Exports comprise a third of the output of Kingspan’s plant at Somerton. Further plans to upgrade the plan depend on its export market. The US$30m plant opened in mid-2017.