Insulation industry news from Global Insulation

Russia: TechnoNICOL says that it will build a US$61.3m stone wool plant in the Krasnosulinsky Industrial Park in Rostov Oblast, scheduled for commissioning by late 2026. Interfax-Russia News has reported that the plant will include a 20MW power plant and new warehouses, situated on a 25ha site next to the company’s existing plant in the industrial park. Preparatory work is complete for the commencement of construction in May 2025.

Russia: TechnoNICOL plans to build a machine-building workshop in Ryazan to supply equipment for mineral wool production, according to Russian government sources.

The company said that is currently replacing some ‘European-made’ equipment with prototypes produced in China and Türkiye. It invested US$392m in its ‘fixed assets’ in 2024.

Spain: Bank BBVA has signed an agreement with property management company General Council of Associations of Property Administrators to provide loans for 100% of the cost of energy efficiency renovations in its residential buildings. The agreement also covers loans for accessibility upgrades. Diario de Ávila News has reported that financial products available under the agreement include the Homeowners’ Associations Loan, which covers the costs of construction and materials, including insulation.

Poland: Belgium-based Unilin has announced plans to build an 8Mm²/yr polyisocyanurate (PIR) insulation board plant in Leśnica. The €40m project is scheduled to become operational in late 2026. The unit is intended to target markets in Poland, eastern Germany, the Czech Republic, Slovakia and Hungary. It is expected to create 40 new jobs.

US: The Reflective Insulation Manufacturers Association International (RIMA International) has elected three new members to its 2025 board of directors. Rodney Miller of Florida-based Fi-Foil, Philip Ramstack of Iowa-based MWI Components and Paul McIlwee of Pennsylvania-based Environmentally Safe Products will sit on the board for the rest of 2025.