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.
Huntsman acquires Icynene-Lapolla
US: Huntsman has announced an agreement to acquire Icynene-Lapolla, a North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, for US$350m from an affiliate of FFL Partners. Icynene-Lapolla operates two manufacturing facilities located in Houston, Texas and Mississauga, Ontario. The transaction is expected to close in the first half of 2020.
“I am delighted that Icynene-Lapolla is joining our downstream, high-growth MDI urethanes insulation business. Icynene-Lapolla is well recognised by architects, builders and contractors as a market leader in the manufacture and supply of high-performance, energy-efficient building envelope solutions,” said Tony Hankins, the president of Huntsman's Polyurethanes division. He added that the combination of Icynene-Lapolla, with its SPF product range and reflective roof coatings, with Demilec, the SPF business that Huntsman acquired in 2018, would ‘significantly’ strengthen its energy-saving insulation business.
Penoplex holds ground-breaking ceremony for new insulation board plant in Azerbaijan
Azerbaijan: Russia’s Penoplex has held a ground-breaking ceremony for a new insulation board plant it is building in Hajigabul district. The project is part of an interstate partnership between Azerbaijan and Russia, according to the Trend News Agency. Penoplex operates eight plants in Russia, one plant in Kazakhstan and one plant in Uzbekistan.
National Association of Mortar Manufacturers merges with Association of Mortar and Exterior Wall Insulation Manufacturers
Spain: The National Association of Mortar Manufacturers (AFAM) and the Association of Mortar Manufacturers and SATE (Anfapa) have announced their unification as a single organisation under the name of Anfapa. Alimarket has reported that the body will serve the interests of over 40 members and associates as ‘the qualified voice of an important subsector of the construction industry, giving it a broader and unanimous front.’