Insulation industry news from Global Insulation

Denmark: Rockwool says that high construction and renovation activity in the residential sector mainly drove its insulation sales in 2021. Insulation business sales grew by 20% year-on-year to Euro2.29bn in 2021 from Euro1.91bn. Its earnings before interest and taxation (EBIT) rose by 17% to Euro275m from Euro236m. Strong growth was reported in Europe, solid sales in North America but some parts of China and elsewhere in Asia were negatively affected by coronavirus-related closures of some markets. The producer commented that its insulation sales increased ‘significantly’ in 2021 even compared to 2019 before the coronavirus pandemic started. However, it warned that “sales prices and productivity gains did not fully offset the accelerating inflation on production materials, energy and logistic costs.”

“The surprising speed of the 2021 economic rebound also brought challenges, including inventory and material shortages in some markets as well as logistics challenges that required creative solutions. Special thanks go to our customers for their patience and especially our people working in the factories and across the commercial, technical, procurement, and support teams, who worked together to reduce customer delays,” said chair Thomas Kähler and chief executive officer Jens Birgersson in a statement. Overall, group net sales grew by 19% to Euro3.09bn from Euro2.60bn. EBITDA increased by 15% to Euro602m from Euro522m.

Germany: Knauf Insulation has compiled its sustainability targets, progress and related information on its products online. The so-called ‘sustainability chapter’ is intended to highlight how Knauf Insulation products can make buildings more sustainable and also charts the company’s progress to reduce its own environmental impact as part of its ‘For A Better World’ initiative.

Jure Šumi, Knauf Insulation’s Group Digital and Brand Manager, said “The new chapter on sustainability is a showcase of valuable information for anyone who wants to create better buildings while taking care of the environment and society.” He added, “It offers valuable insight into how our solutions can lower the environmental impact of buildings with news and case histories in every section highlighting what Knauf Insulation is doing For A Better World.”

The newly organised section on Knauf Insulation’s website lets interested parties download Environmental Product Declarations (EPD) for its products. In addition, the site offers downloadable documents showing how Knauf Insulation products can contribute points to the world’s green building rating systems such as BREEAM, LEED, DGNB and WELL.

The company’s also explains online how it is reducing the environmental impact of its operations in line with its ‘For A Better World’ sustainability strategy. It has set targets for 2025 including sending zero waste to landfill, cutting its accident rate by 55% and reducing the embodied carbon of products by 15%. Knauf Insulation promises regular updates on its progress and initiatives to achieve these targets.