Insulation industry news from Global Insulation

Ukraine: Horticulture company Green Wave Organic has developed a new peat-based substrate to replace mineral wool in vertical horticulture at its facilities in Zolochiv, Lviv Oblast. New Voices of Ukraine News has reported that Green Wave Organic recently received a €15,000 EU4Business grant from the EU.

Compliance officer Ivan Fryz emphasised the need to continue to innovate under challenging circumstances, with electricity prices double their April 2024 levels.

Russia: TechnoNICOL plans to build a further plant in Khabarovsk Krai. Interfax Russia & CIS Business News has reported that the plant will produce technical insulation, as well as 80,000m³/yr of shipbuilding insulation and 20,000m³/yr of substrates for vegeculture. TechnoNICOL plans to invest US$3.49m in the plant, and commission it in mid-late 2025.