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Saint-Gobain completes Duraziv acquisition
Written by Global Insulation staff
04 October 2021
Romania: France-based Saint-Gobain has completed its acquisition of adhesives and construction chemicals producer Duraviz for an undisclosed sum.
The group said that the acquisition will enable it to expand its interior and exterior finishing product range. Saint-Gobain employs 1800 people at 12 sites in Romania.
Huntsman implements natural gas surcharge on MDI sales in Europe, India, the Middle East and Africa
Written by Global Insulation staff
01 October 2021
World: US-based Huntsman has announced a natural gas surcharge of Euro125/t on its sales of methylene diphenyl diisocyanate (MDI) in Europe, India and the Middle East and Africa (MEAF), in response to an ‘unprecedented’ rise in natural gas prices in the region. The measure entered effect on 1 October 2021. The company says that this has adversely affected the energy inputs, intermediates and multiple feedstock costs incurred in its MDI production.
The new surcharge will operate in conjunction with any previously announced MDI price increases.
Huntsman's Polyurethanes president Tony Hankins said "Huntsman is already working with its customers to manage the impact of the surcharge, which was necessary to respond to the unexpected and unprecedented increase in our production costs."
Valmieras Stikla Škiedra installs new glass melting furnace at Valmiera glass fibre plant
Written by Global Insulation staff
28 September 2021
Latvia: Valmieras Stikla Škiedra has completed the installation of a new E-glass melting furnace at its Valmiera glass fibre plant in Valmiera municipality. The company says that the furnace will reach full-capacity production in October 2021, ahead of schedule. Installing the furnace was one of the company’s 2021 strategic development goals, with the aim of strengthening its position among regional glass fibre products suppliers.
It said “The switch to investment and growth is now the logical step. We have already started further investment projects in order to meet the market requirements in 2022.”
Pearl Polyurethane appoints three new board members
Written by Global Insulation staff
28 September 2021
UAE: Pearl Polyurethane has newly appointed Oliver Bruns, Michael Friede and Wilhelm Lamberts to its board. Chemical Industry Digest News has reported that the new board members’ experience collectively spans various sectors and industries, bringing broad and deep expertise to the polyurethane (PUR) producer’s strategic guidance and oversight as it expands internationally and into new verticals.
Bruns has over 10 years’ PUR industry experience with Germany-based Bayer AG and Covestro, formerly known as Bayer MaterialScience. This included a role as managing director of Bayer’s Czech Republic-based PUR system house for Eastern Europe. Bruns currently also holds a full-time CEO position at Neveon, a leading global integrated foam group that supplies PUR flexible and composite foams for a wide range of applications.
Friede started his career at Bayer AG in 2001 and held various senior executive roles at Bayer MaterialScience and then Covestro, including global head of coatings, adhesives and specialities. He then moved to Netherlands-based AkzoNobel, where he worked as chief commercial officer (CCO) of performance coatings.
Lamberts’ career also spans multiple executive roles at Bayer AG and Covestro, most recently as the former’s strategy project manager and senior vice president, head of elastometers and the latter’s innovation project manager.
Knauf Insulation to establish major new glass wool insulation plant in Texas
Written by Global Insulation staff
27 September 2021
US: Knauf Insulation has announced plans for a new 183,000m2 glass wool insulation plant in McGregor, Texas. The producer says that it is in the process of finalising permits with the Texas government and will begin work on the McGregor insulation plant in late 2021.
Senior Vice President strategic projects Kevin McHugh said “Watching this incredible facility rise from the Texas soil and become one of our industry’s leading production facilities worldwide will be an incomparable experience. Hiring, training, and empowering people from Central Texas to carry out Knauf’s vision and the mission of this facility will positively impact Central Texas for decades to come."