Global Insulation
Precision is no coincidence! More than 40 years - precise measured values - Fagus GreCon
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Knowledge Base
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News Items filtered by date: Friday, 15 May 2020

Insulation industry news from Global Insulation

Subscribe to this RSS feed

Rockwool’s insulation sales hit by slowdown in Asia

15 May 2020

Denmark: Rockwool’s insulation sales declined by 0.6% year-on-year to Euro483m in the first quarter of 2020 from Euro486m due to slowdowns in Asia, in technical insulation sales and in its sandwich panel business. Despite this its earnings before interest and taxation (EBIT) rose slightly to Euro56m. Overall the group’s net sales and EBIT rose slightly to Euro649m and Euro80m respectively.

“Despite turbulence from the COVID-19 pandemic whose impact we began to feel late in the quarter, we achieved solid first quarter results. Climate change isn’t going away, however. Energy renovation is a high-impact economic recovery measure that creates local jobs, a more resilient and healthy society while at the same time contributing to reaching long-term global climate ambitions,” said chief executive (CEO) officer Jens Birgersson.


The group reported that, due to coronavirus, its sales were affected in Asia and started to decrease during the last weeks of March 2020 in southern Europe. In China, production lines were temporarily closed early in the quarter and re-opened four weeks later. Factories in Malaysia, India, France and Spain were closed at different times in March 2020. It said that all these factories had now partly resumed production. The company is planning to adjust operations based on reduced demand and a decline in construction spending in future quarters. It also intends to seek, “market opportunities resulting from political and fiscal responses to drive economic recovery.”

Published in Global Insulation News
Read more...

Kingspan’s sales fall by 3% to Euro1.03bn in the first quarter of 2020

15 May 2020

Ireland: Kingspan Group’s sales fell by 3% year-on-year to Euro1.03bn in the first quarter of 2020. It said that the coronavirus-related lockdowns did not ‘significantly’ impact activity for most of the reporting period although the, “landscape changed markedly from the middle of March onward.” The UK and Germany reported improvements, the Americas did well and both Australasia and the Middle East saw rising orders. Insulation board sales were strongly impacted by falling prices. Looking forward the group said that its global sales fell by nearly 35% year-on-year as various construction markets were closed down.

Published in Global Insulation News
Read more...

Knauf Insulation launches ‘As Safe As Home’ marketing campaign

15 May 2020

Germany: Knauf Insulation has launched its ‘As Safe As Home’ marketing campaign to promote health and safety issues in relation to new working environments created by the coronavirus pandemic. Chief executive officer (CEO) Jean-Claude Carlin said, “Safety has always been our first priority but when the crisis hit our business, it inspired the best in us. We learnt to create places that are safer than ever. Safety had to be everywhere for everyone. At home. At work. 24/7. Having achieved so much, this approach can now never be compromised.”

Published in Global Insulation News
Read more...

Jessica Jonasson appointed as Senior Vice President for Group Human Resources at Rockwool

15 May 2020

Denmark: Rockwool International has appointed Jessica Jonasson as Senior Vice President for Group Human Resources and a member of group management. She succeeds Camilla Grönholm, who after eight years with Rockwool, has decided to return to Finland, spend more time with family and to pursue non-executive work.

Jonasson, a Swedish national, currently holding the position of Vice President for Human Resources at ASSA ABLOY Entrance Systems, based in Sweden. She is expected to start her new position at Rockwool in August 2020 after a transitional period following Grönholm’s departure at the end of May 2020.

Published in Global Insulation News
Read more...
Global Gypsum Monthly Sign up
Global Insulation LinkedIn
Global Insulation X
Acquisition appointment Belgium China CO2 Denmark France Germany Glass Wool government Insulation Ireland Kingspan Knauf Knauf Insulation Mineral Wool Owens Corning Plant Polyurethane Product Results Rockwool Russia SaintGobain Stone wool insulation Sustainability TechnoNICOL UK Upgrade US
« May 2020 »
Mon Tue Wed Thu Fri Sat Sun
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Knowledge Base
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Introduction
  • Back issues
  • Articles
  • Conferences >>
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Websites >>
  • Global Cement
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Pro Global Media
  • PRoIDS Online

© 2025 Pro Global Media Ltd. All rights reserved