Norway: Bewi’s shareholders have voted in favour of the company’s acquisition of the remaining 50% of Jackon Holding in order to become sole owner. Bewi will hold an extraordinary general meeting following the completion of due diligence checks to authorise the issuance of Bewi shares as consideration for the deal to Jackon Holdings’ controlling shareholder Haas.

Uzbekistan: The European Bank for Reconstruction and Development has issued a US$5m loan to Ecoclimat Group for the launch of a new subsidiary, Angren Insulation. The company will use the loan to build a 32,000t/yr glasswool plant in Tashkent. The plant will use recycled glass as an input and reduce the group’s CO₂ emissions by 85,000t/yr. The insulation producer said that it will help it to meet the growing local demand for mineral-based insulation.

Russia: TechnoNicol plans to carry out an upgrade at its Khabarovsk basalt mineral wool insulation plant. The planned project will fully automate production at the plant and double its capacity. The producer expects the upgrade to improve safety, sustainability and product quality.

Russia: Rockwool plans to install a new mineral wool production line at its Vyborg insulation plant in Leningrad oblast. The producer says that the expanded plant will have 50% lower CO₂ emissions than before the expansion due to an efficiency increasing upgrade to its melting technology.

Rockwool plans to invest Euro200m in expansions and efficiency improving upgrades in Russia ‘in the coming years,’ creating 70 new jobs.