Insulation industry news from Global Insulation

US: Knauf Insulation and Guardian Industries Corp have announced that a definitive acquisition agreement has been signed for Knauf Insulation to acquire Guardian Insulation. The transaction includes Guardian Fiberglass, a supplier of insulation products for the construction market, as well as Guardian Laminated Building Products. Closing of the transaction is subject to regulatory approvals and customary closing conditions.

"We are already one of the fastest-growing insulation companies globally and this deal will firmly establish our leadership position in what is the largest insulation market in the world," said Mark Andrews, CEO of Knauf Insulation in North America. "It is an important step in our mission to become the global leader in energy efficient systems for buildings."

"We are delighted to acquire such a high quality business that fits perfectly with our growth strategy and we look forward to welcoming the Guardian Insulation team into the Knauf Insulation family," said Andrews. "This is also great news for customers of both Guardian and Knauf Insulation due to the highly complementary nature of these businesses. The combined entity will have a dramatically expanded manufacturing footprint to help provide high levels of service."

Steve Ziessler, president and CEO of Guardian Building Products, said that the purchase by Knauf is exciting news for Guardian Insulation and its employees. "We are confident that our employees, customers and suppliers can look forward to an excellent future with Knauf Insulation. Guardian and Knauf share a culture of responsibility, accountability, safety, entrepreneurship, strong leadership, innovation and value creation," said Ziessler. "We want our customers and employees to know that we anticipate a smooth transition."

US: Johns Manville (JM) has announced the addition of CI Max® White insulation to its line of building insulation products. Johns Manville CI Max White is a high-efficiency polyiso foam sheathing that is designed specifically for exposed interior applications.

JM says that CI Max is approved for use without a thermal barrier and provides an attractive and durable interior finish. It is suitable for wall or ceiling applications in commercial, residential, agricultural and industrial buildings. CI Max White provides a continuous layer of insulation to reduce thermal bridging. Additionally, it has an acrylic-embossed facer that is aesthetically appealing, hard-wearing and easy to clean.

"Code-compliant, cost-effective and thermally efficient wall assemblies aren't something that can be achieved with just one product. It takes a comprehensive, planned and well-executed insulation system including both cavity and continuous insulation, which is why we continue to invest in expanding our portfolio," said Fred Stephan, senior vice president of Insulation Systems for JM.

Turkey: ODE has won the 2013 prize in the 'Large-Scale Enterprise' category in the Fourth Competitive Power Prize, which was organised by the Turkish Industrialists' and Businessmen's Association (TÜSİAD), the Federation of Industrial Associations (SEDEFED) and the Sabancı University.

ODE was founded in 1985 and is the largest 100% domestic insulation manufacturer in Turkey. ODE is the youngest producing company to win this award to date. Previous winners of the Competitive Power Prize include İÇDAŞ, Bilim İlaç and BRİSA. ODE was judged on growth, export, added value, human resources, financial resources, innovation design, technology, leadership and sustainable strategy.

Kemal Direk, ODE's deputy general manager of Financial Affairs, received the prize from the president of the Turkish Enterprise and Business Confederation, Süleyman Onatça, on behalf of ODE. "This esteemed prize, which we have received in our 29th anniversary year, has been a source of pride and joy for us," said Direk. "We would like to present our endless thanks to the venerable jury members, who awarded us with this prize. ODE has always looked out for the development and progress of its employees, its sector and its country. It has adopted innovations without hesitation. These esteemed awards have exalted us and given us strength and courage for our future objectives."

ODE has grown by 60% in the last two years and has targeted at least 25%/yr growth until 2018. The company currently operates at almost 100% capacity from its four manufacturing plants and is preparing to open a new plant in Eskişehir within three years. ODE has accelerated its activities abroad in recent years and currently exports to 68 markets on all five continents. It plans to increase exports to 75 markets by the end of 2014.

China: Orient Paper Inc has commenced the final commercial production phase of its papermill 1 (PM1) renovation project, which produces insulation liner paper. PM1 has a designed production capacity of 50,000t/yr.

"We are very pleased to re-launch the renovated PM1 a few months earlier than our original schedule," said Zhenyong Liu, chairman and CEO of Orient Paper. "The purpose of our modernisation plan is not only to convert PM1 into a more energy-efficient production line, but also to produce higher profit margin products."

According to Liu, the insulation liner paper is used to sandwich certain insulation materials as a construction material for wall and floor insulation. It can also be combined with certain plastic woven cloth to manufacture new moisture-proof packaging materials for the transportation of books and magazines by the publishing industry in China. Both product applications are expected to benefit from stable market demand in the region.

Russia: Knauf Insulation expects its mineral wool insulation factory in Tyumen Oblast, Russia to reach its design capacity of 45,000t/yr in late 2014. More than Euro64.3m was invested in the project. The plant sells its products in the Ural district, Siberia, the Far East and Kazakhstan.