Insulation industry news from Global Insulation

Middle East: Honeywell has joined hands with Bayer Pearl to introduce a new spray foam system in the Middle East region.

A joint venture between Bayer MaterialScience AG and Pearl Insulation Materials Industries, the company said that it will deploy the solstice liquid blowing agent (LBA) technology from Honeywell in its new polyurethane spray foam insulation to offer homeowners in the region excellent thermal insulation performance and reduced energy consumption with lower global-warming impact.

Honeywell and Bayer Pearl had developed the new polyurethane spray foam system using the new blowing agent to be the most economical and competitive when assessed by performance and overall cost effectiveness.

"This first application of a PU spray foam system with a fourth-generation blowing agent in a construction project in the UAE underlines Bayer Pearl's commitment to sustainability. We evaluated several options to meet the sustainability requirement of GWP less than 5 in the region and found foam with Solstice LBA to be the best solution," said Jose-Antonio Diaz-Lopez, the Head of Application Development at Bayer Pearl.

The Bayer Pearl spray foam insulation system has already been used in residential applications, with the system applied to the roofs of residential villas in Al Ain, Abu Dhabi, UAE, by Water Seal. "As one of the leading spray insulation companies in UAE, we have experience using all types of foam blowing agents for spray foam," said Muhammad Asghar, Managing Director for Water Seal. "We have found Bayer Pearl's product with Solstice LBA to be the best available polyurethane spray foam solution in meeting sustainability requirements without compromising on insulating properties."

US: US LBM has further bolstered its presence in the southeast of the US with the acquisition of Building Supply Association, headquartered in Powder Springs, Georgia. BSA is a provider of exterior building products that was founded in 2007 by Michael Langston and Tim Bice. Langston, Bice and Beau Vineyard will remain in place as operational leaders, together with the rest of the executive team.

"BSA is excited to join the US LBM team," said Langston, CEO and President of Building Supply Association. "This new partnership allows us to continue to invest in operations and enhance customer service. The opportunity for growth for our employees, customers and vendor partners is extraordinary."

BSA specialises in roofing, siding and windows, serving residential contractors in the new home construction and remodelling industry throughout Georgia, Alabama, Tennessee and Louisiana.

"Building Supply Association is a great addition to the US LBM family," said L T Gibson, President and CEO of US LBM. "This enables us to strategically serve the Atlanta area specialty contractor with exterior building supplies from BSA, while simultaneously providing gypsum products through Rosen Materials. BSA's unique business model and proprietary management systems have propelled them to top of their market. We are eager to partner with their associates and look forward to future opportunities together in the southeast."

US: Owens Corning has announced more ambitious sustainability goals to reduce greenhouse gas and toxic air emissions, along with new renewable power initiatives that will continue to expand the company's impact through sustainability.

"Owens Corning has a history of promoting energy efficiency through our products, our suppliers and our operations," said Chairman and CEO Mike Thaman. "Today's announcements reflect a continuation of our company's history of being a good steward of the environment."

Owens Corning will execute power supply agreements of newly-installed capacity that reportedly represent the largest wind power agreements reported by an industrial company in the world. It will also dedicate a 2.4MW solar canopy at its headquarters in Toledo that is expected to supply approximately 30% of the facility's electricity needs and offset the equivalent greenhouse gases emitted from the commute of its local workforce. Finally, it is establishing new 2020 sustainability goals to reduce greenhouse gas intensity by 50% and toxic air emissions intensity by 75% from its 2010 baseline.

"Our new sustainability goals are ambitious and impactful. Importantly, they are made more achievable by these large scale renewable energy actions and by partnering with leading providers of solar photovoltaic systems to continue our leadership in this area," said Vice President and Chief Sustainability Officer Frank O'Brien-Bernini. He said that the wind energy deal will generate the equivalent electricity to power more than 65,000 US homes and support the wind power industry by enabling the construction of new wind power assets, a market to which the company supplies high performance glass fibre reinforcements for wind turbine blades. "Our new greenhouse gas reduction goal is informed by science-based methodologies that are designed to reduce carbon emissions enough to limit global warming to less than 2°C compared to pre-industrial temperatures," said O'Brien-Bernini. "We have taken an important step in aligning our goals consistent with the scientific consensus on what's needed."

US: Installed Building Products' (IBP) net revenue grew by 29.3% year-on-year to US$182m in the third quarter of 2015. Same-branch sales increased by 8.4%, attributable to higher volume, price gains and a more favourable project mix. Operating income increased by 43.2% to US$15.5m.

In July 2015, Installed Building Products acquired Stamford, Connecticut-based EcoLogic Energy Solutions, enhancing the company's presence in the Connecticut, New York and Northern New Jersey markets. In August 2015, it acquired New Jersey-based Eastern Contractor Services, operating as Parker Insulation and Building Products in Southeastern Texas, enhancing its presence in New Jersey, the New York metropolitan area and Texas.

"We successfully executed our growth-oriented business strategy in the third quarter of 2015, which continues to produce strong financial results," said Jeff Edwards, Chairman and CEO. "Revenues grew by US$41m, or 29.3%, for the 2015 third quarter as a result of a US$11.7m increase in organic revenues and a US$29.4m increase in revenues from recent acquisitions. The housing market continues to recover in 2015 driven by growth in housing permits, starts, and completions. During the third quarter of 2015, we continued to increase sales organically, above the pace of single-family completions. Acquisitions remain an important part of our business strategy and during 2015 we have acquired US$85m of annual revenues, which are quickly contributing to both revenues and earnings."

US: Johns Manville (JM) was recently honoured with the 24-Karat Gold Challenge Award by the Colorado Department of Public Health and Environment for 'above and beyond' efforts in creating and implementing a programme that has made a measurable contribution to the environment, the economy and society. JM was nominated to receive the award by 97 Gold Leader peer companies within the Environmental Leadership Programme.

The Environmental Leadership Programme, administered by the Colorado Department of Public Health and Environment, recognises organisations that go beyond compliance with environmental regulations and strive toward a goal of sustainability. Members work through three levels of partnership: Bronze, Silver and Gold. Programme membership stands at 160 organisations, representing a variety of sectors from manufacturing and agriculture to schools and service providers.

JM was presented with the 24-Karat Gold Challenge Award at an annual awards dinner on 16 October 2015. It won the award thanks to recent activities at the Johns Manville / Industrial Insulation Group manufacturing facility in Fruita, Colorado. Staff reinvented, redesigned and reconstructed its manufacturing process, resulting in the elimination of approximately 863t/yr of material from landfill waste by diverting that material into a new energy-conserving product stream. As a result, the facility eliminated 40 years of reliance on a 12,141m2 waste impoundment complex. Additionally, the product made from this reclaimed material is conservatively estimated to reduce end user CO2 emissions by over 270,000t/yr of CO2.

According to Fred Stephan, Senior Vice President of JM's Insulation Systems business, a team of employees from Fruita and Denver proposed and implemented the changes and truly exceeded everyone's expectations. "The team really did an outstanding job," said Stephan. "In the process of meeting our environmental requirements, they were able to make our manufacturing process more efficient and productive. Their hard work, as well as their perseverance, has been very impressive."