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Rockwool buys Flumroc
Written by Global Insulation staff
04 December 2017
Switzerland: Denmark’s Rockwool has purchased all the shares of Flumroc. Previously Rockwool owned a 43.5% share in the Swiss mineral wool producer. Flumroc operates two plants in the country and it sells its products mainly in Switzerland with limited exports to France and Italy. The company will continue to operate under the Flumroc brand.
Knauf Insulation appoints Vanessa Rae as Marketing Director
Written by Global Insulation staff
04 December 2017
UK: Knauf Insulation has appointed Vanessa Rae as Marketing Director to lead all Northern European marketing activities. She brings over 20 years experience in business-to-business marketing roles in Belgium, Germany and the UK. Previously she worked as the head of marketing and communications for the digital organisation at Rolls-Royce. Prior to this, Rae managed international marketing teams at Kingspan Insulated Panels and NSG Group (Pilkington Glass).
Rockwool plant for Romania
Written by Global Insulation staff
27 November 2017
Romania: Rockwool Group has announced plans to build a basalt mineral wool production plant in Romania, a project worth an estimated Euro50m. The basalt mineral wool plant, Rockwool Group's first in Romania, will create around 150 jobs, while an additional 300 will be created indirectly in services and logistics, Rockwool said in a press release. The process of issuing permits and authorisations was already initiated, so that production of basalt mineral wool is expected to start in 2019.
The new production unit will spread over approximately 30 hectares in Ariceştii Rahtivani commune near the southern city of Ploiesti. The project will strengthen the group's strong presence in Romania, a market that has been active for almost 20 years through its local sales branch.
The plant will contribute to the growth of the local economy, given that most of the raw materials and logistics services will come from Romania, and most of the workforce directly employed by Rockwool or the subcontractors will be local, the company said.
"This investment will allow us to better support Romania's efforts to increase fire safety and energy efficiency in its buildings,” said Rockwool Group’s Senior Vice President Gilles Maria. “We encourage the government to continue to work with the EU Member States within the Firefighting Information Exchange Platform (FIEP) as well as other initiatives that will improve the fire safety regulations.”
Owens Corning Mineral Wool Insulation Earns Safety Act Designation from the US Department of Homeland Security
Written by Global Insulation staff
17 November 2017
US: Several of Owens Corning’s Thermafiber mineral wool insulation products and their supporting design and installation services have earned Safety Act Designation from the US Department of Homeland Security. The purpose of the act is to ensure the threat of liability doesn’t prevent companies from developing and commercialising products that could save lives in the event of an act of terrorism. It restricts liability where qualified anti-terrorism technologies, or QATTs, have been used.
“Owens Corning is the first insulation manufacturer to be listed publicly with the Department of Homeland Security as having qualified technology carrying the Safety Act Designation,” said Julian Francis, president, Insulation Business.
The designation covers a variety of Thermafiber products in perimeter fire barrier system, interior wall and floor ceiling systems, construction joint firestopping system and penetration firestopping system applications.
Rockwool’s revenue boosted by European insulation sales so far in 2017
Written by Global Insulation staff
16 November 2017
Denmark: Rockwool’s sales revenue for its insulation business has been driven by sales in Western and Eastern Europe. Its sales rose by 7.6% year-on-year to Euro1.31bn in the first nine months of 2017 from Euro1.22bn in the same period in 2016. Its earnings before interest and taxation (EBIT) rose by 18% to Euro129m from Euro109m. Earnings growth was driven by sales growth, improved pricing quality and a better utilisation of its US plant. Overall group sales and earnings also rose.