Insulation industry news from Global Insulation

US: Kingspan Insulation has appointed Doug Crawford as its new Managing Director in charge of operations for North America. Crawford's appointment became effective on 2 January 2019.

Crawford has held numerous roles in corporate development and line management for Oldcastle (CRH) over the last decade. He most recently served as Vice President of Sales and Marketing for Meadow Burke Products, a manufacturer and supplier of accessories for concrete construction. Prior to joining Oldcastle, Crawford was a consultant with the Boston Consulting Group (BCG). He holds a Bachelor of Science in Finance from Pennsylvania State University and an MBA from Northwestern University's Kellogg School of Management.

US: Owens Corning has purchased an existing plant in Blythewood, South Carolina where it intends to manufacture coated, non-woven products for a variety of applications within the North American building materials industry. It has spent US$13.6m on the acquisition.

The insulation producer intends to convert an existing line to produce coated, non-woven products. The acquisition is the first step in the creation of a glass non-wovens excellence centre, where the company will continue to invest to expand its capacity with the best available technologies. With existing South Carolina locations in Aiken, Charleston, Duncan and Starr, this will be Owens Corning’s first Richland County presence. Hiring for the new positions is expected to begin in late 2019.

“The Blythewood operation represents a valuable addition to a thriving business. Adding this new capacity and capability for glass-based coating solutions in South Carolina will help us to better serve our residential and commercial building products customers across North America,” said Owens Corning’s Global Non-Wovens Business Vice President Nicolas Del Monaco.

US: Thermoseal has launched three new spray foam insulation products: Thermoseal 360, Thermoseal 800 and Thermoseal One. Thermoseal 360 is an ultra-high yield open cell spray foam insulation. Thermoseal 800 is a new ultra-high R-value open cell spray foam. Thermoseal One is an ultra-high yield, ultra high R-value, one pass, closed cell spray foam insulation. Thermoseal One has also passed the Hurricane Wind Uplift test, which means it is approved for use in Hurricane zones across the US.

Thermoseal manufactures polyurethane spray foam insulation, roofing, and other similar products for the residential, commercial and industrial construction industry.

US: Foam Systems has opened a new spray foam insulation plant at Norwalk in Connecticut. The producer claims it is the only such producer in New England. The company produces products including Thermoseal Spray Foam Insulation, Igloo Foam Insulation and others. It plans to open other plants across the US and provide private label services to other spray foam brands and to anyone who would like a private label spray foam insulation system.

“With the ever-changing environment in the spray foam industry given all the mergers and acquisitions, the only way to survive in the future is to open manufacturing locations across the US. We are fully committed to this effort and have multiple manufacturing facilities across the US under consideration” said Richard Ettinger, General Manager of Foam Systems.

US: Installed Building Products has purchased Advanced Fiber Technology (AFT) for an undisclosed value. Founded in 1988 and located in Bucyrus, Ohio, AFT manufactures cellulose, asphalt, and industrial fibres. The company sells its products to distributors and installers predominately in the Midwest and Northeastern US.

“AFT provides us with an opportunity to vertically integrate our cellulose insulation supply in certain markets which we believe will have an immediate and favourable impact on our business and financial results. Cellulose is an attractive alternative to fibreglass in a variety of insulation applications,” said Jeff Edwards, chairman and chief executive officer (CEO) of Installed Building Products.

US: Owens Corning has launched a formaldehyde-free perimeter fire containment system product in North America. The offering uses Thermafiber Firespan and Safing mineral wool insulation products to deliver fire resistance performance to help commercial architects, specifiers and contractors. The system is available for specification now and will be on sale later in 2018.

“As a pioneer in fire safety, we know the perimeter in a commercial structure is one of the most complex areas where fire can spread and where building professionals face high-stakes design scenarios,” said Carmelo Carrubba, Owens Corning’s insulation strategic marketing vice president.

Owens Corning says that Thermafiber mineral wool insulation products have been installed in eight of the 20 tallest buildings in the world including the Burj Khalifa tower in Dubai, UAE. The insulation producer is also promoting the sustainability credentials of its product through its Leadership in Energy and Environmental Design (LEED) credits for specific commercial and residential applications and its certification for a minimum 70% recycled content by the ICC-ES.

US: The Federal Trade Commission (FTC) has approved final amendments to its R-Value rule for domestic insulation products following a two-year review period. The changes are intended to reduce the regulation’s burden, clarify its requirements, and make it easier for the FTC to take action against deceptive R-value claims for non-insulation products.

The R-value rule originally came into effect in 1979. It requires home insulation manufacturers, professional installers, new home sellers, and retailers to provide R-value information, based on the results of standard tests, to help inform consumers. An insulation product’s ‘R-value’ represents the product’s ability to restrict heat flow and thus reduce energy costs.

US: The Reflective Insulation Manufacturers Association International (RIMA-I) has recognised the service of four directors who will retire from its board at the end of 2018. Peter Highfill of LL Flex, Mike Boulding of Pro-Echo Marketing, Veronica Ataya of Celplast Metallized Products and Lynn Walters of Kemper System America were each presented with plaques by president Doug Kinninger at the association’s bi-annual membership meeting that took place in Washington, DC in late October 2018.

US: Weaker market conditions have reduced Owens Corning’s expected growth in the third quarter of 2018. The building materials company’s net sales rose by 11% year-on-year to US$5.33bn in the first nine months of 2018 from US$4.78bn in the same period in 2017. Its earnings before interest and tax (EBIT) increased by 1.5% to US$596m from US$587m. For its insulation business the company said that it had reduced its expected EBIT growth for the year due to weaker market expectations across different regions and products.

“Weaker than expected market conditions across all three businesses, which impacted third-quarter results, are expected to continue during the fourth-quarter. As a result, we have lowered our 2018 outlook and now expect adjusted EBIT to be in line with last year,” said chairman and chief executive officer (CEO) Mike Thaman.

US: Owens Corning has presented Premier Tech with an award for Innovative Supplier of the Year – 2018 at its Annual Global Supplier Recognition Day in Toledo, Ohio that took place in late September 2018. The award recognises the engineering team’s contribution to developing high-performance, scalable automated packaging equipment that will allow Owens Corning to boost performance and meet growing workforce challenges.

Premier Tech’s Industrial Equipment Group is a supplier of industrial scalable packaging solutions and it says it is the largest robotic integrator in North America’s packaging industry. It is supported by a team of over 1700 people in 17 countries that serve clients in around 60 countries.