Insulation industry news from Global Insulation

US: Owens Corning has announced its 2030 sustainability goals. These represent the company’s third set of long-term goals and are designed to expand the company’s business impact through sustainability, continuing its commitment to incorporate material environmental, social and economic initiatives into its global practices and operations.

“These goals advance our business priorities by pushing us to discover increasingly more sustainable solutions, which is becoming more important to our customers and other key stakeholders,” said chief executive officer (CEO) Brian Chambers.

Owens Corning’s 2030 sustainability goals include reducing greenhouse gas emissions by 50%, sourcing 100% renewable electricity to reduce product embodied carbon, maximising product sustainability and building and supporting inclusive and diverse teams that reflect the communities where they live, work and serve. The greenhouse gas emission goal is in line with guidance to hold global warming to 1.5°C degrees and it was approved by the Science Based Target Initiative.

Uzbekistan: Russia’s TechnoNicol is ‘seriously considering’ building a new 1.3Mm³/yr stone wool insulation plant In Uzbekistan. Vasily Tkachev, the head of the Mineral Insulation division of TechnoNicol, said that building a plant in the country would be ‘geographically justified,’ according to the Trend News Agency. He added that ‘significant’ changes in the local regulatory framework were expected regarding the requirements for energy efficiency of buildings during new construction and reconstruction. A final decision on the project will be made following a full assessment of the market and its potential sales regions.