
Insulation industry news from Global Insulation
Rockwool out of contact with Russian subsidiary
07 October 2022Russia: Denmark-based Rockwool says that it is entirely out of contact with its Russian business, under on-going EU trade sanctions against the country. As such, the group now views its relationship to its Russian plants merely as an ownership of shares.
EnergiWatch has reported that Saint-Gobain has described a similar situation in relation to its operations in the sanctioned nation. The France-based producer said "The Russian part of our business has lived a self-governing and strangled existence since the start of the invasion. This happened to secure jobs for our employees." It added "We have stopped all investment projects."
Austria: Austrotherm has announced its construction of a 226kW solar power installation on the roofs of storage halls 6 and 7 of its Purbach extruded polystyrene insulation plant in Burgenland. The EU’s Regional Development Fund provided funding towards the project.
Angren Insulation secures US$5m loan from European Bank for Reconstruction and Development for upcoming Tashkent glasswool plant
22 October 2021Uzbekistan: The European Bank for Reconstruction and Development has issued a US$5m loan to Ecoclimat Group for the launch of a new subsidiary, Angren Insulation. The company will use the loan to build a 32,000t/yr glasswool plant in Tashkent. The plant will use recycled glass as an input and reduce the group’s CO2 emissions by 85,000t/yr. The insulation producer said that it will help it to meet the growing local demand for mineral-based insulation.
EU Commissioner wants improved insulation
04 July 2011Europe: The EU energy commissioner Guenther Oettinger has said that European Union (EU) member states should install insulation in their public buildings, going as far as saying that the 27 nations should be forced to do so. Oettinger thinks that insulation should be improved by 3% in public buildings and that that this improvement should occur year-on-year starting in 2014.
The EU is ultimately aiming to cut energy consumption in buildings by 20% by 2020. It would also like to create new public procurement rules aimed at awarding contracts to products and services that are energy-efficient.