Russia: Restrictions on imports have stopped Paroc from transporting stone from its Lapinlahti in Finland to its insulation plant in Russia. Joakim Westerlund, Paroc's chief operating officer, said that the import restrictions on crushed rock material were imposed with relatively short notice in summer 2016 according to the Savon Sanomat newspaper. Subsequently the insulation producer has had to source stone locally in Russia. Quarrying at Lapinlahti for Paroc by Fjäder Group has previously totalled 20,000t/yr.
Firestone Building Products to build roofing insulation in plant in Heinsberg
Germany: Firestone Building Products Company says that it will build an insulation plant in Heinsberg. The site will establish a European insulation manufacturing and distribution presence for the subsidiary of tyre and rubber manufacturer Bridgestone. The plant is expected to be fully operational in 2018.
“The Heinsberg location will be the second European manufacturing facility for the company. We acquired the Giscosa EPDM (ethylene propylene diene monomer) plant in Terrassa, Spain in 2013,” said Troy Geuther, managing director of international operations and vice president, Firestone Building Products. The new facility will expand production and distribution of polyiso foam, the company’s polyiso foam insulation used in commercial construction.
Arkema high performance materials division sale rise by 2.8% to Euro2.6bn so far in 2016
France: Sales from Arkema’s high performance materials division, which includes insulation products, have risen by 2.8% year-on-year to Euro2.6bn in the first nine months of 2016 from Euro2.53bn. Overall, the company’s sales fell by 4% to Euro5.68bn from Euro5.92bn, although its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 12% to Euro946m from Euro843m. It blamed the drop in sales on the impact on sales prices of raw material variations.
Paroc’s insulation sales remain static so far in 2016
Finland: Paroc’s net sales for its building insulation division has risen by almost 1% year-on-year to Euro215m in the first nine-months of 2016 from Euro213m in the same period of 2015. However, on an adjusted basis for comparable insulation rates the insulation producer says that its sales grew by 2.4%. It reported sales volumes growth in most markets except for the Baltic countries and Russia. Overall sales for the company rose slightly to Euro301m, boosted by growing sales for technical insulation.


