Denmark: Sweden-based Indutrade has concluded an agreement to acquire foam producer Bramming Plast-Industri. The parties expect to close the transaction later in 2022.

Bramming Plast-Industri's products include Inotan polyurethane (PU) and polyisocyanurate (PIR) foams and Setex recycled PU granular foam.

Belgium: Recticel has joined the Science-Based Targets Initiative, reinforcing its commitment to institutional CO2 emissions reduction grounded in climate science. Under the commitment, it set two new targets, namely to achieve net zero Scope 1 and 2 CO2 emissions from its operations by 2030, and to achieve net zero Scope 3 CO2 emissions by 2050.

The insulation producer said "Recticel looks forward to engaging with all partners in its value chain to join forces and drive progress. Our results against targets will be communicated in the annual report."

Romania: Austria-based Austrotherm has concluded an agreement to acquire 100% ownership of extruded polystyrene (XPS) insulation panels producer Zentyss. Zentyss operates a plant in Arad, Transylvania.

Austrotherm managing director Klaus Haberfellner said "This acquisition increases the security of supply and the range of products for customers in Romania and neighboring countries. The central location of Arad enables the optimisation of transport routes to customers, which means that CO2 emissions can be massively reduced." He concluded "Our leadership position in XPS in Romania is now well secured. I am particularly pleased to welcome 106 new colleagues to our company."

Germany: Chemicals producer BASF has partnered with RAMPF Eco Solutions, Poland-based Remondis Electrorecycling and engineering company KraussMaffei to develop depolymerisation techniques to produce polyol from waste polyurethane (PU) fridge insulation, as an alternative to natural hydrocarbons. The recovered polyol could then be used as a raw material in PU insulation production.

BASF said "This innovative process is particularly challenging because it has to be very robust in order to reliably convert post-consumer waste with high levels of foreign substances into a high-quality recycled polyol.”

Waste fridge insulation's only current use is as an alternative fuel by the energy sector.

More Articles ...

Global Gypsum Monthly Sign up
Global Insulation LinkedIn
Global Insulation X