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Climate Recovery announce agreement with MPN to provide air duct production equipment
Written by Global Insulation Staff
10 May 2016
Sweden: On 4 May 2016 Climate Recovery Ind AB Kalmar announced an agreement with Maschinen Production Negeli (MPN) to provide air duct production equipment to support the launch of the Climate Recovery (CR) Duct System. The CR Duct System offers benefits including: flat packaging of a round system, with up to 90 meters of duct on a single pallet; 50% lighter and 50% faster installation than sheet metal competition; noise damping qualities up to 6dBa/metre; and a more sustainable approach to the air-conditioning and ventilation markets.
MPN is a leading manufacturer of pipe section production units for glass wool, stone wool and ceramic wool and fully automatic aluminium-facing production units for pipe sections. The agreement between the two companies is an effort to secure the worldwide expansion and launch of the system. Grand Bernhardsson, President of Climate Recovery, said, “Working with MPN offers us the chance to offer our products and production on a much larger, international scale. Our goal is to industrialise this fragmented market at a global level.”
Kingspan reports strong start to 2016 despite UK Brexit fears
Written by Global Insulation staff
09 May 2016
Ireland: Kingspan has reported that its group sales rose by 25% year-on-year to Euro903m for the first four months of 2016. It also noted in an interim management statement that order placement in the non-residential segments in the UK had eased ahead of the referendum on European Union (EU) membership scheduled for late June 2016. Insulated panel sales rose by 37% in the period. Insulated board sales rose by 11% driven by strong UK sales and supported by Europe and the US.
Chief executive Gene Murtagh also said at the company’s annual general meeting on 5 May 2016 that the insulation producer had made an investment in a facility selling duct insulation in Iran. The unit is expected to be in production later in 2016 supported by the company‘s UAE business, according to the Irish Independent.
Evonik buys Performance Materials Division from Air Products
Written by Global Insulation staff
09 May 2016
Germany: Evonik Industries is acquiring the Performance Materials Division of Air Products and Chemicals for US$3.8bn. The products it is acquiring from Air Products include ingredients for insulation foams, sun lotion and paint as well as additives to harden aircraft and marine coatings. The transaction is intended to be completed by the end of 2016 subject to approval from relevant competition authorities.
“Evonik is already one of the leading producers of specialty & coating additives. Air Products’ Specialty & Coating Additives business perfectly complements this fast-growing segment. With this acquisition we are expanding our portfolio with precisely the right markets, products and innovations and continuing to invest in our growth and profitability,” said Klaus Engel, chief executive officer of Evonik Industries.
Air Products’ specialty and coating additives business will be integrated into the Nutrition & Care and Resource Efficiency segments of Evonik. The acquisition will also give Evonik a greater presence in North America, diversifying its markets outside of Europe. It also expects to generate savings of up to US$80m/year from the deal by 2020.
Californian health body asserts that polystyrene is not styrene
Written by Global Insulation staff
25 April 2016
US: The Office of Environmental Health Hazard Assessment (OEHHA) in California has asserted that polystyrene is not the same as styrene and is not listed by the state as a substance that causes cancer. The OEHHA has added styrene to a list of a list of chemicals known to the state to cause cancer for purposes of the Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65).
"There is sufficient scientific information to demonstrate that the intended uses of these materials are safe,” said the OEHHA. "While free or unreacted styrene may be present in such products, only styrene exposures that pose a significant cancer risk would require a warning." Styrene is used to make expanded polystyrene (EPS) but the substances have different properties. The OEHHA's listing is based on the findings of the 12th edition of the National Toxicology Program's Report on Carcinogens that assesses the potential for risks associated with styrene, primarily in work environments where levels of styrene exposure may be higher.
Hira Industries opens polyethylene insulation factory in UAE
Written by Global Insulation staff
22 April 2016
UAE: Hira Industries has launched a polyethylene insulation plant in Al Ghail, Ras Al Khaimah. The factory will produce and export Aerofoam technical foam around the world. It has an area of 11,600m2 and employs 150 staff.
"With the wealth of construction projects in the region, the demand for aerofoam products is tremendous and we are seeing rapid growth year on year. Events such as Dubai's Expo 2020 and the 2022 FIFA World Cup in Qatar have further driven the industry. Our move to set up the new facility is strategically planned," said Manish Hira, managing director of Hira Industries.
Hira Industries operates eight plants in the heating, ventilating and air conditioning sector. It was established in 1980.