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Knauf Insulation Iberia reports 5% year-on-year company growth in 2019
Written by Global Insulation staff
24 March 2020
Spain/Portugal: Knauf Insulation Iberia met its company growth objective of 5% year-on-year growth in 2019, a year in which it supplied two major developments: the Government of Catalonia’s administrative complex and the VP Plaza Hotel in Madrid. The latter won the US Green Building Council (GBC) Leadership in Energy and Environmental Design (LEED) certificate, the first hotel to achieve this certification.
Interempresas News has reported that the focus of Knauf Insulation Iberia’s strategy in 2020 will be on maintaining its leadership in the sustainable building sector and in the search for products and solutions aimed at zero energy consumption building conversions and construction. Knauf Insulation Iberia CEO Oscar del Rio said, “Bearing in mind the economic uncertainty derived from the coronavirus crisis, our objective will be to maintain our penetration objectives.”
The company’s growth in 2018 was 10%.
Knauf commits to business continuation through coronavirus
Written by Global Insulation staff
20 March 2020
Germany: Knauf has announced that production and deliveries of its entire product range will continue throughout the coronavirus pandemic. Knauf ‘will keep cutomers up to date on changes as the situation evolves.’
The company has cancelled all international travel for employees and is limiting domestic travel ‘to only those trips deemed mission critical.’
Knauf launches glass mineral wool insulation recycling pilot project
Written by Global Insulation staff
19 March 2020
Netherlands: Germany-based Knauf has rolled out a waste glass mineral wool insulation recycling pilot project across the Netherlands. At a small cost, a Knauf partner company will take back leftover insulation from customers’ projects, which is remotely quantified and scheduled for collection by Knauf’s software system. The partner company recycles the insulation for use in bricks and tiles. Knauf Western Europe circular economy manager Marc Bosmans said, “The scheme saves our customers costs, gives them peace of mind that waste is being dealt with responsibly and lowers the environmental impact of their projects.”
Knauf has also launched a pallet pick-up pilot project. Under the scheme, customers can contact a Knauf partner company in order to have the pallets on which Knauf products were delivered collected for reuse, in line with the principles of the circular economy. Bosmans said, “Customers, particularly those on large sites, see a huge added value in this service and appreciate that it is a one-stop solution that is good for business and good for the environment.”
Old insulation continues to emit CFCs
Written by Global Insulation staff
19 March 2020
US: A study conducted by researchers at the Massachusetts Institute of Technology (MIT) has found that spray foam insulation applied to walls prior to the entry into effect of the Montréal Protocol banning chloroflourocarbons CFCs) is acting as a ‘CFC bank’ from which environmentally degrading chemicals continue to leach into the atmosphere.
MIT Lee and Geraldine Martin Professor of Environmental Studies Susan Soloman recommended that all such banks be ‘recovered and destroyed.’ “Before demolishing a building, you can take careful measures to recover the insulation foam and bury it in a landfill,” she said.
Market researchers predict 8.2% four-year growth in global insulation business to 2024
Written by Global Insulation staff
19 March 2020
US: Business Wire News has published details of a report by market research company ResearchandMarkets, which predicts market growth in the global insulation sector of 8.2% to US$8.9bn by 2024 from US$6.0bn at the start of 2020. ResearchandMarkets foresees the largest market growth in the Asia and Pacific region, where Belgium-based Etex, Austria-based RHI Magnesita and France-based Calderys are all in the process of expanding their production facilities in the region.