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Knauf discussing expansion in Tajikistan
Written by Global Insulation staff
20 June 2013
Tajikistan: Knauf is seeking to expand its operations in Tajikistan, according to the Tajik Ministry of Foreign Affairs (MFA).
According to the Tajik MFA information department, issues related to cooperation between Tajikistan and Knauf International were discussed at a meeting of the Tajik Ambassador to Germany, Imomuddin Sattorov, with Alexander Blumhardt, Executive Manager CIS, Knauf International that took place in Berlin, Germany on 18 June 2013. The sides reportedly discussed participation of Knauf in projects for production of building materials in Tajikistan.
Blumhardt briefed the Tajik diplomat on investment policy of the company and prospects of further expansion of its operations in Tajikistan. He noted that Knauf was interested in participation in development of gypsum deposits in Tajikistan and production of building materials from domestic raw materials with getting local labour resources involved in the work. The sides also discussed the upcoming visit of the Knauf delegation to Tajikistan.
Owens Corning appoints Edward Lonergan to board
Written by Global Insulation staff
18 June 2013
US: Owens Corning has appointed Edward Lonergan, the CEO of Chiquita, to its board of directors. The appointment is effective from 18 September 2013.
"We welcome Ed to our board of directors," said Owens Corning chairman and chief executive officer Mike Thaman. "His global experience and strong commercial background make him a valuable addition to the board. We are delighted to have recruited such an outstanding director."
Lonergan was named CEO of Chiquita in 2012 and currently serves on the company's board of directors. Chiquita is a leading international marketer and distributor of bananas, packaged salads and other fresh produce. He previously served as director, president and CEO of Diversey, a leading global provider of sustainable cleaning, sanitation and hygiene solutions, from February 2006 through the sale of the company to Sealed Air Corporation in October 2011.
Lonergan has also held positions at the Gillette Company and Procter & Gamble from 1981 to 2002. He is a graduate of Union College in Schenectady, New York.
Owens Corning opens US$50m Saudi joint-venture
Written by Global Cement staff
30 May 2013
Saudi Arabia: Arabian Fiberglass Insulation (AFICO), a joint-venture between Owens Corning and Zamil Industrial Investment, has inaugurated its new fibreglass manufacturing plant costing US$50m in Dammam, Saudi Arabia.
The plant has an installed insulation production capacity of 24,000Mt/yr, increasing the company's total capacity to 37,000Mt/yr. The additional capacity is intended to assist local governing authorities in the Gulf Cooperation Countries with on-going efforts to implement more stringent building code requirements aimed at increased energy efficiency and fire safety standards.
AFICO has been a leading regional manufacturer of fibreglass insulation products since 1982, utilising the know-how and technical specifications of Owens Corning under license.
Rockwool rapped for describing foam-based insulation as ‘frightening’
Written by Global Cement staff
30 May 2013
Denmark: The Danish Maritime and Commercial Court has ruled that Danish insulation materials producer Rockwool International has violated marketing laws by describing insulation materials based on foam plastic 'in an unnecessarily frightening manner' in a newsletter. Trade organisation The Danish Plastics Federation submitted a complaint against Rockwool's description.
The court stated that Rockwool exaggerated the negative consequences of a rival's product. Rockwool has not been ordered to pay damages to the organisation as it has not been established that the rival had suffered financially from Rockwool's actions.
Rockwool plans to build new plant in Russia
Written by Global Insulation staff
16 May 2013
Russia: Danish insulation materials producer Rockwool is planning to invest around Euro121m in a new plant near Moscow in Russia. Nick Vince, Rockwool's top executive for Russia, says that the company has reached a limit for what it is worthwhile to invest in the existing factory in Moscow, according to Esmerk Danish News.
The need to invest in a new facility is attributed to the growing number of orders received by Rockwool in Russia amid a building boom and a political pressure to make Russia more energy-efficient.