Insulation industry news from Global Insulation
US: Germany’s BASF plans to launch the second phase of its methylene diphenyl diisocyanate (MDI) unit at its Verbund plant in Geismar, Louisiana. The first phase of the upgrade was set to double the company’s MDI production capacity to nearly 0.6Mt/yr from 0.3Mt/yr. The new US$87m investment will continue this process. Construction is expected to start in late 2019 with completion scheduled for 2021.
“With the development of the American market, BASF needs this investment to support the growth of our existing customers,” said BASF Senior Vice President Stefan Doerr. “The Geismar site is ideally suited for this investment thanks to the existing infrastructure, competitive raw materials and favourable business support from state and local governments. This investment also demonstrates our strong commitment to our employees, our community and our presence in Louisiana.”
US: Rockwool has started legal action against the Jefferson County Board of Education (BOE) describing its attempts to stop construction of new mineral wool insulation plant as ‘unlawful.’ Court documents filed by the Danish insulation company allege that the BOE is trying to buy land from Rockwool for a low rate to build a student support centre otherwise it has threatened to appropriate it under US condemnation rules. Rockwool contends that the BOE originally supported the new plant with tax breaks but has since change its mind as local activists have opposed the project.
Rockwool started construction work on its US$150m mineral wool plant at Ranson, West Virginia in mid-2018. Production at the site is scheduled to start in early 2020.
US: The National Insulation Association (NIA) has appointed Dana Vlk as its new president. The new directors and executive committee of the association assumed their positions for the 2019 – 2020 term at the NIA's 64th Annual Convention that took place in Nassau in the Bahamas.
The association’s 2019 – 2020 executive committee includes: Dana Vlk, Distribution International – president; John Lamberton, Irex Contracting Group - president-elect; Dave Cox, Owens Corning – secretary/treasurer; Joe Leo, Atlantic Contracting & Specialties – assistant treasurer; and Dan Bofinger, Specialty Products & Insulation - immediate past president.
IKO to build new plant in Hagerstown
26 March 2019US: Canada’s IKO plans to build a new US$70m plant in Hagerstown, Maryland. It will be the company’s sixth US manufacturing location. The 46,000m2 plant and warehouse site will be used to manufacture will produce roofing and insulation products including polyisocyanurate insulation. It is scheduled to open in mid-2020.
"Hagerstown is another example of IKO's commitment to building the strongest and most state of the art production network in our industry," said Guy Tremblay, IKO's Vice President of North American Operations.
Knauf Insulation wins 2019 Greenbuild Leadership Award
22 March 2019US: Knauf Insulation has won a 2019 Greenbuild Leadership Award for outstanding contributions to sustainable building by the US Green Building Council (USGBC). The insulation producer was recognised for providing innovative solutions that both reduce energy consumption and save resources. The USGBC said that Knauf set an ‘outstanding’ example for the international green construction industry through its commitment to Leadership in Energy and Environmental Design (LEED) and other green building practices and its corporate social responsibility commitment.
“Knauf Insulation serves as a model for the international community. Your commitment to corporate social responsibility and improving the quality of life is an inspiration," said Mahesh Ramanujamm, the president and chief executive officer (CEO) of USGBC and Green Business Certification.
The award was received on behalf of Knauf Insulation by its Sustainability and Product Regulatory Affairs Director Vincent Briard at Greenbuild Europe, an annual USGBC forum for sustainable building experts held in Amsterdam, Netherlands.
China/Germany/US: The Mannheim Court in Germany has found that Chinese companies Guangdong Alison Hi-Tech and Nano Tech infringed one of Aspen Aerogels’ European patents by selling infringing aerogel insulation products. As part of the judgments, the Mannheim Court issued injunctions prohibiting the offer, distribution, use or import of infringing products in Germany and held Nano and Alison liable to Aspen Aerogels for damages, court costs and some of Aspen's legal fees and expenses. The Mannheim Court's decision is subject to an appeal to the Higher Regional Court of Karlsruhe. In a related lawsuit, the Mannheim Court had previously issued a series of judgments against Hiltex Techniche Weefsels, a Dutch reseller of the infringing Chinese aerogels.
In addition, the German Federal Patent Court in Munich found the Aspen patent to be valid as granted in a patent nullity action initiated by Nano. The Munich Court's decision follows other unsuccessful challenges to the validity of Aspen's patents by Nano and Alison in the US and China.
"Our core strategy is to invest in the research, development, commercialisation and protection of our aerogel technology platform worldwide. These European patent wins, along with our 2018 victory at the US International Trade Commission, reinforce the scope and strength of Aspen's patent portfolio," said Don Young, President and chief executive officer (CEO) of Aspen Aerogels.
US: Hennecke Group, a manufacturer and supplier of polyurethane processing equipment and plants, has moved its North American headquarters to a new plant in Bridgeville, Pennsylvania. The new headquarters features more office and conference space, a research and development laboratory, a parts warehouse and areas for machinery repair and mixhead rebuilding services.
"This building better represents the innovation and leading polyurethane technology that we provide," said Lutz Heidrich, General Manager of Hennecke. He added that the new plant used some of the materials that its customers produce in its construction. This includes using foil-faced polyiso panel insulation made by Hunter Panels, part of Carlisle Construction Materials.
Hennecke manufactures equipment and supplies plants that make a variety of polyurethane-based products for the construction industries and other sectors. It operates facilities in Italy, Brazil, Mexico, China, Singapore, South Korea, India and Russia.
US: Kathy Miks, spray foam Product Manager at Johns Manville, has been elected as the Vice Chair of the Spray Foam Coalition, an organisation of companies that produce and sell polyurethane spray foam insulation systems and the chemicals and equipment necessary for their use. As Vice Chair, Miks will work alongside the organisation’s Chair to lead efforts aimed at educating and promoting spray foam and its benefits. She will serve as Vice Chair through December 2019, and then transition to the position of Chair through 2021.
Miks is an accomplished industry professional, bringing more than 18 years of experience to the role. In her current position as Product Manager, Miks oversees the spray polyurethane foam and polyiso wall system portfolios for the Johns Manville Building Insulation division. In addition to her full-time role with Johns Manville and new responsibilities with the Spray Foam Coalition, Miks is on the steering committee for the Polyisocyanurate Insulation Manufacturers Association. Miks holds a bachelor’s degree in engineering from the Colorado School of Mines.
The Spray Foam Coalition was founded in 2010 by the American Chemistry Council’s Center for the Polyurethanes Industry to promote the use of spray polyurethane foam and its benefits in US applications, provide a forum for helping shape public policy and support the safe manufacture, transport and application of the product.
Owens Corning’s insulation division boosts group earnings in 2018
27 February 2019US: Owens Corning’s insulation sales rose by 36% to US$2.72bn in 2018 from US$2bn in 2017. Its earnings before interest and tax (EBIT) increased by 64% to US$290m form US$177m. Overall, across all business lines, its sales and earnings grew in 2018 but slower than the insulation division.
“Owens Corning had another record year in terms of revenue and adjusted EBIT, with all three businesses delivering double-digit EBIT margins,” said chairman and chief executive officer (CEO) Mike Thaman.
Huntsman polyurethane sales rise in 2018
14 February 2019US: Huntsman’s polyurethane revenue rose by 16% year-on-year to US$5.09bn in 2018 from US$4.40bn in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 11% to US$946m from US$850m. Overall, across all business segments, the company’s sales and earnings rose.
The chemicals producer said that its polyurethane segment had lost revenue in the last quarter of 2018 due to lower methylene diphenyl diisocyanate (MDI) prices. MDI sales volumes increased due to the start-up of a new Chinese MDI unit in 2018 and the acquisition of Demilec, a North American polyurethane spray foam company, in April 2018.
“2018 was another successful year for Huntsman as we reported record earnings and consistent robust free cash flow. We continued to expand in our downstream and differentiated businesses both through internal investments and bolt-on acquisitions,” said Peter R Huntsman, chairman, present and chief executive officer (CEO).