Insulation industry news from Global Insulation

Ireland: Kingspan’s sales for the first nine months of 2019 rose by 8% year-on-year to Euro3.43bn. However, its sales in the third quarter fell by 2% year-on-year due to slowing sales in the UK. Sales of insulated panels saw a ‘substantial’ reduction in order intake in the UK in the third quarter reducing by more than 15% in volume versus the same period in 2018. European and American markets were stable with the exception of Germany. Insulation board sales were affected by slowing sales in the UK, Ireland and Germany. The group expects these market trends to continue into the first quarter of 2020 at least.

UK: Superglass has completed a Euro43m upgrade to its glass wool plant in Stirling, Scotland. Production capacity at the unit has been doubled to 60,000t/yr, according to the Scotsman newspaper. A new furnace, curing oven and an automatic packing system were installed as part of the upgrade. The project was first announced in 2017 following the acquisition of the company by Russia’s TechnoNicol in 2016.