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BEWi to acquire 80% Aislamientos y Envases stake
Written by Global Insulation staff
05 December 2022
Spain: Norway-based BEWi has concluded a deal for the acquisition of an 80% stake in Aislamientos y Envases. Aislamientos y Envases operates three Spanish insulation plants, where it produces its expanded polystyrene (EPS) insulation products, including boards for underfloor heating and panels for external thermal insulation composite systems.
BEWi CEO Christian Bekken said “Through this acquisition, we are expanding our geographic footprint into Spain, primarily within the market for insulation solutions." Bekken added "There is a huge need to make buildings in Europe more energy efficient, to reduce CO2 and energy costs.”
Knauf Insulation closes deal to acquire the Pilkington Architectural site in St Helens
Written by Global Insulation staff
02 December 2022
UK: Knauf Insulation has concluded a deal to acquire the Pilkington Architectural site next to its glass wool plant in St Helens. The purchase of the seven hectare area is part of a combined Euro46m production capacity expansion project at both the St Helens and Cwmbran plants that was previously announced in April 2022. At the St Helens plant the company plans to use the additional space storage space and better logistics arraignments.
Austrotherm commissions Calan EPS insulation plant
Written by Global Insulation staff
25 November 2022
Romania: Austrotherm has commissioned its third Romanian insulation plant in Calan, near Deva, Hunedoara County. The new Euro6m facility will produce the company's Austrotherm EPS and Austrotherm EPS-Plus expanded polystyrene (EPS) insulation, and also houses office spaces and storehouses. Sales manager Roxana Ghioca said that the storage capacity will enable the site to supply the Transylvanian market with Austrotherm's EPS and extruded polystyrene (XPS) insulation product offering.
Austrotherm managing director Klaus Haberfellner said “Transylvania is among the Central and Northwestern Romanian regions currently with a good economic situation. One third of Austrotherm Romania's topwinds are generated in this region. The existing EPS plants - which are situated a long distance from this have already reached their capacity limit." Addressing Romania's need for insulation, Haberfellner said "If not now, when does saving energy make more sense? The dramatic increase in energy prices has long since arrived in Romania."
Knauf Insulation launches new packaging
Written by Global Insulation staff
21 November 2022
Germany: Knauf Insulation has launched new overwraps on its global insulation product portfolio. The new packaging reduces ink consumption by 70% through its design, featuring a white or off-white base hue and no more than one additional colour. The wraps are designed to maximise ease and efficiency and reduce cost of recycling. This is in line with Knauf Insulation's commitment to recycle over 25% of packaging by 2025. Within the same timeframe, it also aims to reduce its packaging's virgin plastic consumption by 25% and collect over 35% of delivery pallets for repair and reuse or recycling.
Rockwool's continuing Russian activities draw protest
Written by Global Insulation staff
17 November 2022
Denmark/Russia: The Association of Ukrainians in Denmark has launched a protest outside Rockwool's headquarters in Hedehusene to demonstrate against the company's continuation of activities in Russia via its local subsidiary. Local press has reported that Rockwool allegedly told the Association of Ukrainians in Denmark that divesting the Russian business would allow its profits and future cash flows to remain in Russia.
In October 2022, Rockwool clarified that it remains out of contact with its Russian business and views their relationship as a mere ownership of shares.