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Johns Manville announces major upgrade to US nonwoven glass mat production plant
Written by Global Insulation staff
13 February 2015
US: Johns Manville (JM) has announced a significant upgrade to its nonwoven glass mat production plant in Waterville, Ohio. Beginning in late 2015, JM will upgrade an existing nonwoven mat line with advanced manufacturing technology that will allow it to better serve customers in growing segments of the global specialty glass mat market. JM anticipates the upgraded production line will be fully operational in early 2016.
"Our upgraded Waterville plant will enable JM to provide global product capability between Europe and the Americas and to deliver global product consistency with regional availability," said Tanya Bradby, portfolio leader of Nonwovens America.
Armacell International acquires OneFlex
Written by Global Insulation staff
06 February 2015
Turkey/Luxembourg: Armacell International SA, a Luxembourg-based provider of insulation foams for the equipment insulation market, has acquired OneFlex, a Turkey-based manufacturer of insulation materials for building technology. OneFlex generated a revenue of US$11.2m in 2014. The acquisition will allow Armacell to strengthen its production capabilities and position in Turkey and to expand its footprint across the regions of Middle East, Africa and South-eastern Europe.
Owens Corning to contribute US$1.1m to Habitat for Humanity in 2015-2017
Written by Global Insulation staff
05 February 2015
US: The Owens Corning Foundation will donate US$1.1m in cash and gifts-in-kind to Habitat for Humanity International over three years. The partnership will support house construction and revitalisation projects nationwide.
The Owens Corning Foundation has donated US$200,000 for 2015 and pledged US$200,000/yr for 2016 and 2017. Additionally, Owens Corning anticipates gift-in-kind donations of US$500,000 over the three years. These gifts include insulation and roofing products to support Habitat's affordable housing efforts.
"One of the most important benefits of community investment is the positive impact it has on our employees and the communities where they live and work," said Don Rettig, president of the Owens Corning Foundation. "Habitat is an ideal partner for Owens Corning. We provide financial support, donate building materials and encourage employee volunteerism. What's more, Habitat has a presence in nearly every Owens Corning location across the US and Canada."
During 2015 - 2017, Owens Corning will also contribute and install science-supported insulating systems and its Total Protection Roofing System™. These systems are designed to improve the thermal, air and moisture performance in the building envelope of Habitat homes, as well as help protect them from harsh weather conditions.
"We are grateful for Owens Corning's commitment to Habitat for Humanity," said Colleen Finn Ridenhour, deputy director of Corporate, Foundation and Institution Relations for Habitat for Humanity International. "Their support will enable us to help more families have access to safe, decent, affordable homes where they can create a brighter future."
Cash and gifts-in-kind from the Owens Corning Foundation and the company itself totalled more than US$1m in 2012 – 2014. The gifts-in-kind insulated and/or roofed more than 1100 homes. Owens Corning employees participated in more than 30 Habitat builds across the United States and Canada during this period. Owens Corning has supported Habitat for Humanity since 1997.
Owens Corning to make insulation for Aquatherm pipe
Written by Global Insulation staff
02 February 2015
US: Owens Corning Insulating Systems LLC has announced plans to produce fibreglass insulation with an all-service jacket for Aquatherm metric-sized polypropylene-random (PP-R) piping systems as part of an exclusive agreement with Aquatherm North America.
China Magnesium Corp takes acquires 60% stake of FMW
Written by Global Insulation staff
02 February 2015
China: China Magnesium Corporation Ltd (CMC) has executed and commenced a cooperation agreement with Pingyao County Fengyan Mineral Wool Co Ltd (FMW), effective from 1 February 2015. The effect of the agreement is that CMC will have a 60% economic interest in FMW, control a majority of the FMW board seats and be responsible for the management of FMW's business.
FMW is an established and profitable medium-sized metallurgy company based in Pingyao, Shanxi Province. It is a wholly-owned subsidiary of Fengyan Coal & Coke Group Company Ltd. FMW can produce 150,000t/yr of ferronickel and uses the waste slag from the ferronickel production to produce mineral wool and mineral wool acoustic board products, among other industrial products. It currently purchases all of CMC's semi-coke to use in its ferronickel production. Any external ferronickel requirements in respect of CMC's recycling and production are also currently supplied to CMC by FMW.