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Masterplast strikes deal with Market Epito to build mineral wool plants in Central Europe
Written by Global Insulation staff
13 December 2022
Hungary/Serbia: Building products producer Masterplast and construction company Market Epito have entered into a strategic cooperation agreement to build mineral wool plants in Central Europe to meet anticipated demand for insulation. Plans for a first plant to be built in either Hungary or Serbia could be finalised in the first quarter of 2023. Joint-venture companies will be set-up on a 50:50 basis to support the new plants. As part of the deal, both companies would endeavour to purchase mineral wool from the new production units where possible for Market Epito’s construction projects and Masterplast’s commercial activities. The companies also hope to use public funding to support the building of new plants due to their importance to the national economy.
FALK Bouwsystems buys Salzgitter Bauelemente
Written by Global Insulation staff
12 December 2022
Germany: Netherlands-based FALK Bouwsystems has agreed to purchase Salzgitter Bauelemente from Salzgitter Group for an undisclosed price. Steel construction element manufacturer Salzgitter Bauelemente will continue to do business as a independent subsidiary with its existing managing director Kai Bohmbach. Under the terms of the acquisition, Salzgitter Bauelemente’s plant in Lower Saxony will continue to be supplied with raw materials from Salzgitter Flachstahl. However, its building and storage area will remain the property of Salzgitter Flachstahl and are leased to the purchaser for a minimum rental period of 10 years, with an option to extend.
FALK Group said, “With the acquisition of Salzgitter Bauelemente, we are pursuing the goal of entering the German market independently. To this end, we will build on the existing know-how and intend to expand the production volume at this location. The investment measures planned by management are also to be continued.”
Salzgitter Bauelemente produces steel construction elements, including sandwich panels made with polyurethane and mineral wool cores. Sandwich panel producer FALK Bouwsystems produces around 5Mm2/yr, about twice that of Salzgitter Bauelemente.
Owens Corning sells Belarusian and Russian assets to Umatex
Written by Global Insulation staff
08 December 2022
Belarus/Russia: US-based Owens Corning has agreed to sell its Belarusian and Russian assets to materials and technologies company Umatex. Umatex is a subsidiary of Russian state-owned nuclear power provider Rosatom. World Service Wire News has reported that the assets in question include the Gus-Khrustalny glasswool plant in Vladimir Oblast and the Tver mineral wool insulation plant in Tver Oblast, both in Russia.
Owens Corning chair and CEO Brian Chambers said "This announcement represents the final step in our process to fully exit our operations in Russia. I would like to thank our colleagues in Russia for their contributions to our company and customers over the years."
Dow launches V PLUS Perform Next polyurethane insulation in Europe
Written by Global Insulation staff
08 December 2022
Europe: Dow has announced the European launch of V PLUS Perform Next, a polyurethane (PU) insulation product for use in insulated metal panels. V PLUS Perform Next insulation contains alternative raw materials from circular feedstocks, including bio-based feedstocks. Dow allocates the feedstocks based on a mass balance chain of custody, validated by International Sustainability and Carbon Certification (ISCC). It produces V PLUS Perform Next using over 25% renewable energy.
Dow PU construction insulation marketing fellow Alberto Mercati said “The new EU Energy Performance of Buildings directive adds urgency for buildings that require energy efficient insulation with decreased embodied carbon. For the last five years, V PLUS Perform has enabled insulated metal panel manufacturers to deliver building envelopes that couple energy efficiency and fire safety. V PLUS Perform Next supports insulated panel manufacturers to select lower carbon and circular construction ingredients from the design phase to the delivery of a novel class of products for more sustainable buildings.”
Rockwool insulation used in rebuilding of Mariupol
Written by Global Insulation staff
08 December 2022
Ukraine: Rockwool confirmed on 5 December 2022 that builders used some of its products in rebuilding work in Russian-occupied Mariupol, Donetsk. Rockwool clarified that it did not supply the materials, which it says had been delivered by a third party.
Rockwool's communications manager Michael Zarin said it is 'almost impossible' for the company to control distributors' activities. Zarin said "The company strongly condemns the war in Ukraine and hopes for an early solution."