Bulgaria: Insulation materials producer Hydroizomat plans to pay no dividend for 2014 as it ended the year at a loss. The proposal will be voted at a general shareholders' meeting on 6 July 2015. Hydroizomat posted a preliminary net loss of Euro48,100 in 2014.

US: According to Recycling Today, American Fiber Green Products Inc (AFBG), based in Tampa, Florida and Owens Corning, a Toledo, Ohio-based developer and manufacturer of insulation, roofing and fibreglass composites, have entered into a five-year agreement for recycling services. The deal calls for AFBG to recycle the fibreglass-related material generated at Owens Corning's Amarillo, Texas plant, which is currently being landfilled.

"The recycling plan in Amarillo represents continued progress toward Owens Corning's 2020 environmental footprint goals," said Doug Pontsler, Owens Corning's vice president of environment, health and safety and operations sustainability. "Concurrent with our progress to reduce waste generation, we've made securing more reliable recycling for fibreglass waste a top priority. The solution from American Fiber Green Products, which will convert our waste into useful, marketable products, will help us achieve our sustainability goals."

"AFBG is excited to provide recycling services to this market leader through our Amour Fiber Core subsidiary," said AFBG Chairman Kenneth McCleave. "This contract has been in negotiation for over a year and a half and will substantially boost revenue for AFBG. The project will commence upon completion of construction of our recycling and manufacturing facility in the Amarillo area. Construction is expected to take about 12 months. We expect a successful recycling program in Amarillo to be the catalyst to an expanded relationship between our firms and potentially include other Owens Corning facilities around the country."

US: Distribution International Inc (DI), a portfolio company of global private equity firm Advent International active in the mechanical insulation market, has acquired Insulation Fabricators Inc (IFI), which produces and distributes thermal and acoustical insulation products.

Headquartered in Hammond, Indiana, IFI expands DI's Midwestern footprint with additional locations in Ohio and West Virginia. The acquisition also extends DI's service range and features fabrication capabilities for a wide range of applications such as pipes, vessels, ductwork and boilers. The acquisition complements the existing breadth and depth of DI's inventory and enhances its ability to source any product for its customers.

"Outstanding customer experience has always been our mission," said Celeste Mastin, DI CEO. "The acquisition of IFI reinforces our dedication to providing clients with critical products and services anywhere across our growing footprint. Having completed 12 acquisitions over four years strengthens our strategy and supports our service goals."

"DI's customer centric focus parallels our own commitment and service philosophy at IFI. Since founding IFI in 1979, we have made customer service the hub of this business and we are proud of what we have built with the help of our employees. The opportunity to join DI, coupled with the resources that will now be available, allows us to further enhance the customer experience and better serve project needs," said IFI founder Larry McNabb and president and CEO Ted McNabb in a joint statement.

UK: Two Sika-Trocal projects were nominated in the single ply category of the NFRC UK Roofing Awards 2015.

At Lancaster and Morecambe College, a Fully Adhered Type SGK membrane was applied by MAC Roofing to re-cover an existing roof as part of a Euro20.6m redevelopment. For the second phase of the project, the renovation of a complex 3000m2 domed roof situated on required a high performance and flexible membrane. Due to the age of the building, the failing felt roof had failed to meet BREEAM requirements and expected U-values.

On a smaller scale, a new-build four bedroom house in Hammersmith, London incorporates a unique roofing solution. Designed to accommodate restrictions on the use of exterior windows in the perimeter wall, the roof included seven pyramids of varying sizes with a vaulted roof light in each section. With such a complex pyramid design, a neat finish around the edges was crucial. The mechanically fixed Sika-Trocal S system proved to be the optimum roofing solution for contractor Ithaca Roofing.