Insulation industry news from Global Insulation

Bulgaria: Bulgarian insulation materials producer Hydroizomat said that its net loss rose to Euro613,600 in the first nine months of 2015 from Euro92,201 in the same period of 2014. Its operating loss jumped to Euro511,219 from Euro29,708 in the year-ago period. The company's total revenue plunged to Euro226,908 in the first nine months of 2015 from Euro482,499 in the same period of 2014.

Slovenia: Germany's Knauf Insulation, which is switching from coke to natural gas as part of an upgrade at one of its three stone wool production lines, will be the main user of what is to be Messer's first oxygen production plant in Slovenia and one of around 30 in Europe.

"This will be the most technologically-developed line in Europe and will mean a great competitive edge for the company," said Knauf Insulation boss Tomaž Lanišek.

Using natural gas requires oxygen and Lanišek described the investments of Knauf and Messer Slovenija as complementary. He pointed out that CO₂ and sulphur and nitrogen oxides emissions would be halved. "Messer is becoming a partner company in our future plans at our location," said Lanišek.

Messer said that this was its biggest investment in the country to date and was expected to generate 15 to 20 new jobs. The company's CEO Danilo Lukač explained that the plant would produce oxygen, nitrogen and argon.