UK: The UK government plans to require landlords to complete external cladding remediation on residential buildings taller than 18m by the end of 2029. The Observer Online News has reported that failure may result in criminal prosecution. Some 3700 buildings are affected.
Kingspan Group issues debut green public bond
Ireland: Kingspan Group raised €850m through its debut green public bond on 9 September 2026. It issued shares at a fixed average coupon of 4.1% per annum, due in two lots in 2030 and 2033. MarketLine News has reported that demand for the bond was five times oversubscribed, with the initial order book attracting bids of €4.5bn.
Saint-Gobain India to advance 100-plant target with upcoming glass wool and stone wool plant
India: Saint-Gobain India has announced an upcoming glass wool and stone wool plant at an unspecified location in India. Projects Today News has reported that the producer is aiming to reach 100 plants in 2031 across its insulation and gypsum operations, from 82 in 2026. The growth is the subject of €1bn in ongoing investments.
CEO Sreedhar Natarajan said that the planned plants will help the company to target India’s growing sustainable construction segment.
SigmaRoc to acquire Dolomitas
Lithuania: UK-based SigmaRoc has entered into an agreement to acquire Dolomitas, a producer of dolomite for use in stone wool insulation production, among other industries. Under the deal, SigmaRoc will pay €110m, including €90m in cash, €20m in SigmaRoc shares and €8m in cash for non-core assets. AK&M News has reported that Dolomitas will join SigmaRoc as a new business unit. The acquisition advances SigmaRoc's upstream growth strategy and increased focus on Baltic countries. The parties expect the transaction to complete before the end of 2026.


