Insulation industry news from Global Insulation
South Korea: KCC has signed a memorandum of understanding with the local government in Gimcheon concerning an upgrade to its glass wool plant. The company plans to invest around US$75m on building a second production line at the unit by the end of 2023. The project follows a similar upgrade at the Munmak glass wool plant in 2022.
Kingspan withdraws fire test reports for Kooltherm K15 in the UK
12 November 2020Ireland: Kingspan has written to the Building Research Establishment (BRE) to withdraw fire test reports on its rigid thermoset phenolic insulation Kooltherm K15. The Irish Times newspaper has reported that, speaking at the inquiry into the Grenfell tower fire in London, a representative of the company admitted that the fire test reports on Kooltherm K15 may not reflect the actual product. This was due to possible compositional changes arising from “process shortcomings” that “fell short of the high standards which Kingspan sets itself." In 2007 it failed a fire test in which it was reportedly tested with a cladding system that also failed subsequent testing with another company’s insulation.
The Grenfell inquiry has asked Kingspan why it had not previously withdrawn the Kooltherm K15 fire test reports with the BRE. A distributor supplied the insulation to contractors for use in the refurbishment of Grenfell in 2012 – 2016.
The majority of the insulation purchased for use in a refurbishment of Grenfell Tower prior to the fire in June 2017 was Celotex’s RS5000 polyisocyanurate foam (PIR) insulation board. However, Kingspan confirmed in July 2017 that a small amount of its Kooltherm K15 product had also been used without its knowledge and that it had no involvement in the design or specification of the refurbishment.
SIG focuses on profit building in 2018
10 May 2019UK: SIG’s revenue fell by 1.2% year-on-year to Euro3.11bn in 2018 from Euro3.15bn in 2017. Its profit before tax increased by 8.5% to Euro87.2m from Euro80.4m. The building materials producer blamed ‘challenging’ market conditions but it highlighted its focus on prices and profitability.