Insulation industry news from Global Insulation

US: Huntsman has acquired the spray polyurethane foam (SPF) insulation producer Icynene-Lapolla from an affiliate of FFL Partners for US$350m. Icynene-Lapolla operates production facilities in Houston, US, and Mississuaga, Canada and made sales in excess of US$200m in 2019. Huntsman chairman, president and CEO Peter Huntsman said, “This combination of companies will provide Huntsman with the largest global array of spray foam technology, integration of raw materials and associates, improving energy efficiency.”

Sweden: Expandable polystyrene producer BEWiSynbra has appointed Jonas Siljeskär its CEO. Siljeskär has held the role of deputy CEO of BEWiSynbra since 17 June 2019. Prior to this he was BEWiSynbra RAW’s chief operating officer and managing director. He has worked for BEWi Group since completing his engineering degree at the University of Dalarna in 2010. “I am honoured to be given the opportunity to lead BEWiSynbra with 1300 competent employees,” said Siljeskär.

US: The board of directors of Owens Corning has elected Brian Chambers as its new chairman. He succeeds Mike Thaman, who has decided to retire in April 2020. Chambers became chief executive officer (CEO) and was elected to the board in April 2019. He has been with the company for over 15 years, and throughout his career, has held a number of senior operating roles across a range of businesses and locations.

Sweden: BEWiSynbra Group has appointed Jonas Siljeskär as its new chief executive officer (CEO) with effect from the start of 2020. He succeeds Rik Dobbelaere, who has been the CEO of BEWiSynbra since mid-2018, following BEWi’s acquisition of Synbra in May 2018. Dobbelaere will remain as an advisor to the company and the intention is to propose to the general meeting to elect him as a new member of the board in BEWiSynbra.

Siljeskär has been deputy CEO of BEWiSynbra since mid-2019, with full responsibility of all operational aspects of the company, and prior to this he was the chief operating officer (COO) and managing director of BEWiSynbra RAW.

Sweden’s BEWiSynbra Group is a vertically-integrated producer of expandable polystyrene (EPS) products, including packaging, components and insulation.

Uzbekistan: AFKA Group has ordered a basalt wool production line from Italy’s STM Technologies. The 6Mm³/yr unit will be based at the former Tashkent Mechanical Plant site. More than 150 jobs will be created when the new plant opens. No value for the order has been disclosed.