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Rockwool commissions Ranson stone wool insulation plant in US

Written by Global Insulation staff
08 July 2021

US: Denmark-based Rockwool has commissioned its new Ranson stone wool insulation plant in Jefferson County, West Virginia and started commercial production. The company has hired 110 people to work at the 43,000m3 facility. It says that the plant will employ a total of 150 once production has ramped up in mid/late 2021. It is equipped with fuel-flexible melting technology, enabling operations to switch to natural gas from coal. This can reduce the plant’s CO2 emissions by 30%, according to the company.

Chief executive officer Jens Birgersson said “In the US, as in Europe and Asia, there is a growing demand for Rockwool’s non-combustible, recyclable stone wool insulation. The West Virginia facility will help meet that demand in North America. We are proud that our products play such an important role in reducing the energy consumption and carbon emissions associated with buildings, and do so in a safe, sustainable manner.”

Published in Global Insulation News
Tagged under
  • US
  • Rockwool
  • Plant
  • Mineral Wool
  • Stone wool insulation
  • West Virginia
  • gas

Rockwool signs sustainability goal-linked credit facility

Written by Global Insulation staff
05 July 2021

Denmark: Rockwool has signed a new revolving credit facility worth Euro600m. The facility replaced its existing facilities and has a built-in pricing mechanism connecting its costs to three externally-assured sustainability goals. The goals are CO2 emission reduction, increasing the number of countries in which it offers its recycling schemes and reducing factory waste. The purposes of the facility are to strengthen capital structure and support long-term growth.

Chief Financial Officer Kim Junge Andersen said, “While we already are a net-carbon-negative company, we have committed ourselves to ambitious sustainability targets to reduce our carbon footprint and waste from operations and to expand our recycling offerings. To measure our progress, it is important for us to have a fact-based and auditable approach to how we maximise our products’ positive impact while minimising the environmental impact of our operations.”

Published in Global Insulation News
Tagged under
  • Denmark
  • Rockwool
  • Sustainability
  • corporate
  • finance
  • CO2

Knauf Insulation launches new packaging in the UK and Ireland

Written by Global Insulation staff
02 July 2021

Ireland/UK: Knauf Insulation has launched a new packaging including new designs across the whole range, an upgrade to its compression technology and more environmentally-friendly packaging.

The new packaging designs feature bigger and clearer product names. Products are colour-coded into thermal conductivity groups consistent across the whole glass mineral wool range, and essential features such as the Euroclass A1 reaction to fire classification and Ecose Technology, Knauf Insulation’s unique bio-based binder, are more easily identifiable. The Earthwool brand has been phased out to simplify the branding structure, and a new brand, Rocksilk, has been introduced for its rock mineral wool product range. The insulation producer says that a further upgrade of the compression technology on the glass mineral wool range enables, on average, 15% more insulation per roll and 25% more packs on each pallet for slabs.

“We’ve listened to our customers, but we have also been proactive, trying to pre-empt future needs,” said Vanessa Rae, Marketing Director at Knauf Insulation Northern Europe. “We know how important it is to choose the right product for the application quickly, and move and store it efficiently, whether in-branch or on-site. We also know that sustainability matters more than ever, so we’ve taken these steps to reduce our products’ carbon footprint further so customers can rely on us to help them tick the green boxes for their projects.”

Published in Global Insulation News
Tagged under
  • Ireland
  • UK
  • Knauf Insulation
  • packaging
  • Brand
  • Sustainability
  • Mineral Wool

Rockwool plans new Soissons insulation plant

Written by Global Insulation staff
24 June 2021

France: Denmark-based Rockwool plans to begin building a new stone wool insulation plant at Soissons, Aisne department in 2022. The new plant will use an 80%-reduced-CO2 electric melting production method previously employed at Rockwool’s Moss insulation plant in Norway in 2020. The company says that, when commissioned in 2024, the new plant will generate 130 jobs.

France and Southern Europe regional managing director Rafael Rodriguez said, “We are pleased that our investment in Soissons will enable us to better support the government’s ambitious efforts as well as the social and economic development of the local communities. With our more than 40-year history in France, this new facility is a natural next step for us in a market that continues growing in importance.”

Published in Global Insulation News
Tagged under
  • France
  • Plant
  • Stone wool insulation
  • Mineral Wool
  • Denmark
  • Rockwool

Kingspan forecasts first-half sales and profit growth in 2021

Written by Global Insulation staff
24 June 2021

Ireland: Kingspan has forecast first-half consolidated net sales growth of 40% year-on-year in 2021 to Euro2.90bn from Euro2.07bn in the first half of 2020. It predicted a rise in operating profit of 57% to Euro315m from Euro200m. The company concluded its acquisition of Denmark-based pipe insulation producer Logstor International Holding on 22 June 2021 for Euro253m.

Published in Global Insulation News
Tagged under
  • Ireland
  • Kingspan
  • Forecast
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