US: Hennecke Group, a manufacturer and supplier of polyurethane processing equipment and plants, has moved its North American headquarters to a new plant in Bridgeville, Pennsylvania. The new headquarters features more office and conference space, a research and development laboratory, a parts warehouse and areas for machinery repair and mixhead rebuilding services.

"This building better represents the innovation and leading polyurethane technology that we provide," said Lutz Heidrich, General Manager of Hennecke. He added that the new plant used some of the materials that its customers produce in its construction. This includes using foil-faced polyiso panel insulation made by Hunter Panels, part of Carlisle Construction Materials.

Hennecke manufactures equipment and supplies plants that make a variety of polyurethane-based products for the construction industries and other sectors. It operates facilities in Italy, Brazil, Mexico, China, Singapore, South Korea, India and Russia.

UK: SIG’s revenue fell by 1.2% year-on-year to Euro3.13bn in 2018 from Euro3.17bn in 2017. Its profit before tax rose by 8.5% to Euro87.8m from Euro80.9m. The group blamed its falling sales on ‘challenging’ market conditions and a focus on profit over sales volumes. It reported a weakening construction market in 2018 and its UK and Ireland sales fell by 10.6%. Despite slowing markets in France and Germany, its mainland Europe sales remained stable in 2018.

“As expected, our transformation strategy began to deliver during the year and we saw significant operational and financial progress in the second half. Despite challenging market conditions and lower revenue in our largest markets, our focus on pricing and profitability over volume, coupled with tighter control over operating costs, has enabled us to grow our gross margins and profit,” said chief executive officer (CEO) Meinie Oldersma.

Germany: Va-Q-Tec’s revenue grew by 8% year-on-year to Euro50.7m in 2018 from Euro46.9m in 2017. Sales from its Products business, including vacuum insulation panels (VIP) and phase change materials (PCM), increased by 12% to Euro20.1m from Euro18m. However, its earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 58% to Euro3m from Euro7.2m. It blamed the fall in earnings on a rise in sales from its lower-margin Products business and investment costs in the company generally.

“Even though business trends in 2018 fell short of our expectations, the outlook at the end of the year brightened considerably. We have completed all of our major growth investments, we have achieved important progress with projects for major customers,” said Stefan Döhmen, the chief financial officer (CFO) of Va-Q-Tec.

UK: Knauf Insulation’s Earthwool RainScreen Slab product has been certified by the British Board of Agrément (BBA) for use in high-rise residential applications. The BBA certification follows the December 2018 update to Approved Document B, which mandates the use of non-combustible materials achieving a Euroclass Reaction to Fire Classification of A1 or A2 s1-d0 in the external walls of certain buildings over 18m in height.

“Non-combustible insulation is the best choice for architects, specifiers and contractors as it will not contribute to the development or spread of fire” said Steve Smith, Head of Product Management and Business Intelligence at Knauf Insulation.

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