
Insulation industry news from Global Insulation
France: Two workers have been seriously injured by an explosion at Soprema’s Saint-Julien-du-Sault polyurethane insulation plant in Yonne. A third worker was also injured in the accident, according to Le Monde newspaper. An external company was carrying out work at the site when the incident occurred. Sparks from a grinder are believed to have caused a holding tank to explode.
France: Knauf Insulation plans to invest Euro110m towards building a new rock wool plant at Illange in Moselle. The plant will have a production capacity of 0.11Mt/yr and it is scheduled to start operation at the end of 2019. Insulation produced at the site will be targeted at markets in France and Germany. The new plant is expected to create 120 jobs.
Isover France launches Isover Recycling
26 April 2018France: Isover France has launched Isover Recycling, a closed-loop recycling service for construction and demolition glass wool waste. The new service has been developed in partnership with recycling specialists. It aims to reduce glass wool dumping in landfill and increase the proportion of recycled content in Isover’s glass wool insulation products. The Isover Recycling service is currently being deployed in two pilot areas: South-East France and Ile-de-France. It will then be rolled-out across the rest of the country. Other countries like Switzerland, Denmark and Sweden already offer construction site waste recycling services.
Polyurethane market returning to normal says SNPU
19 March 2018France: The National Union of Polyurethane producers (SNPU) says that the market is returning to normal following a shortage of methylene diphenyl diisocyanate (MDI) in 2017. Prices of polyurethane insulation panels rose due to the lack of MDI, according to the Le Moniteur trade newspaper. The SNPU added that the market had stabilised since the start of 2018.
France: Saint-Gobain plans to build a new glass wool production line at its Isover branded plant at Chemillé near Angers. The line is scheduled to start production in mid-2019. It is being built to meet rising demand in the French market for roof insulation products.
In addition, Saint-Gobain is planning to open new production lines at its plants in Azuqueca near Madrid in Spain and Vidalengo near Milan in Italy. These lines will open in spring and autumn 2018 respectively. Altogether Saint-Gobain has invested Euro45m in the upgrades with the majority placed in Chemillé.
Saint-Gobain maintains sales momentum in third quarter of 2017
30 October 2017France: Saint-Gobain has continued growing its sales across all businesses in the third quarter of 2017. Its overall sales grew by 4.1% year-on-year to Euro10.2bn in the quarter from Euro9.76bn in the same period in 2016. This trend extends to the year so far, with a rise of 4.3% to Euro30.6bn in the first nine months of 2017, from Euro29.3bn in the same period in 2016.
“The third quarter confirmed the upbeat trends seen in the first half, excluding the impact of the cyber-attack. All business sectors and regions advanced, including France. We continued to see a good price effect against a tougher basis for comparison, but not yet sufficient in all of the group’s businesses given the more inflationary raw material and energy cost environment,” said Pierre-André de Chalendar, chairman and chief executive officer (CEO) of Saint-Gobain. He added that the group had signed 23 acquisitions since the beginning of the year, including the recently finalised Glava deal.
Sales from the group’s Interior Solutions division, which includes gypsum wallboard and insulation products, saw its saw increase by 3.6% to Euro5.11bn from Euro4.94bn. The group attributed the sales growth in this business to ‘healthy’ volume trends in Western Europe and in Asia and emerging countries. Trading in North America was reported as ‘stable’ but with a smaller pricing contribution in a more competitive environment. It added that pricing for the division lags behind rises in input costs such as a raw materials and energy.
Icynene to buy Isolat France
19 September 2017France: Icynene Europe, the European division of spray foam insulation manufacturer Icynene, has purchased Isolat France, a polyurethane insulation distributor. The acquisition will allow Icynene to sell light density spray foam insulation, obtain a Conformité Européene (CE) marking for spray foam insulation and to establish a presence in France.
“The acquisition reinforces Icynene’s commitment to growth within the European market with direct sales to contractors. Operating across two dozen European countries, Icynene Europe will now have a comprehensive product mix of open- and closed-cell spray foam insulation products that we will manufacture in Europe,” said Bertrand Lauret, Managing Director of Icynene Europe, Africa and the Middle East.
France: Sales from Arkema’s High Performance Materials division, which includes insulation products, rose by 12.5% year-on-year to Euro1.97bn in the first half of 2017 from Euro1.75bn in the same period of 2016. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 8.3% to Euro340m form Euro314m. The chemical producer mainly attributed the boost in sales to its acquisition of sealant producer Den Braven in late 2016. Overall the company also reported increases in sales and EBITDA.
France: Lafarge France and Euromac 2 have signed a national partnership contract to bring to market insulating concrete form products. The deal will see Euromac 2 use Agilia concrete from Lafarge to fill its expanded polystyrene blocks. The two companies will then approve a network of companies to bring the product to the market.
SIG grows revenue in first half of 2017
06 July 2017UK: SIG’s revenue grew by 8.1% to Euro1.6bn in the first half of 2017 due to favourable currency exchange rates and sales in Mainland Europe. Sales in Mainland Europe rose by 42% in the period boosted by recovery in the construction markets particularly in France.