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PGF Capital opening mineral wool distribution centres in Australia

Written by Global Insulation staff
13 February 2023

Australia: Malaysia-based PGF Capital is preparing to open three distribution centres at Brisbane, Perth and Sydney. The mineral wool insulation producer set up its new regional headquarters in Melbourne in the third quarter of 2022, according to the New Straits Times newspaper. The site at Brisbane is set to become fully operational in March 2023, the site in Perth in May 2023 and the site in Sydney is expected to be operational in the third quarter of 2023.

The expansion drive is part of a project to grow its business in Oceania. Another market that the company is targeting is South Korea. PGF Capital and its subsidiary PGF Insulation said it has started making modifications to its production line at Perai in Penang to meet the local market requirements. it plans to start supplying insulation products to the country later in 2023.

Published in Global Insulation News
Tagged under
  • Australia
  • PGF
  • distribution
  • Malaysia
  • GGM52
  • headquarters
  • South Korea

Metsä Group invests in Fiberwood

Written by Global Insulation staff
13 February 2023

Finland: Metsä Group has invested in wood fibre insulation producer Fiberwood in a late seed funding round. The round was led by Metsä Group’s new business and research subsidiary Metsä Spring. It also included government financing from Business Finland.

Fiberwood is developing and manufacturing wood fibre insulation and packaging materials made from mechanical wood industry side streams. The Finland-based company was founded in 2019.

Karita Kinnunen-Raudaskoski, the Director of Technology and Product Development at Fiberwood, said “Since September 2022, in our first phase of production we have been able to produce commercial-sized insulation boards for testing. Next, we will build a continuous pilot line for production-scale product and process development. As no existing machinery and processes can produce our products, we need to invent new technology to do so.”

Published in Global Insulation News
Tagged under
  • Finland
  • Metsä Group
  • wood fibre
  • investment
  • Fiberwood
  • GGM52

Ross Foreman appointed as National Wood Wool Manager for UK & Ireland for Knauf Insulation

Written by Global Insulation staff
13 February 2023

UK/Ireland: Knauf Insulation has appointed Ross Foreman as its National Wood Wool Manager for UK & Ireland. Foreman will support the company’s drive to meet increasing demand for its Heraklith range of wood wool products.

Knauf Insulation offers two core products in the Heraklith range: the Heraklith A2 Decorative Panel, which is a cement-bonded wood wool panel; and the Heraklith Tektalan A2 SmartTec, which is a cement-bonded wood wool panel combined with a rock mineral wool insulation core. Both products are non-combustible with A2 - s1, d0 Euroclass reaction to fire classification.

The Heraklith A2 Decorative Panel is designed for use in residential, recreational, industrial and commercial environments where sound absorption is desired. It is available in three panel thicknesses with thermal conductivity of 0.085W/mK.

Heraklith Tektalan A2 SmartTec is suitable for insulating the soffits of carparks and underground garages, basement ceilings and technical rooms. It has a thermal conductivity of 0.095W/mK and the mineral wool core a thermal conductivity of 0.034W/mK.

Published in Global Insulation News
Tagged under
  • UK
  • Ireland
  • Knauf Insulation
  • appointment
  • wood wool
  • Product
  • GGM52

Recticel’s Simfocor product receives Solar Impulse label for sustainability

Written by Global Insulation staff
13 February 2023

Belgium: Recticel’s Simfocor polyurethane board product has been certified a ‘Solar Impulse Efficient Solution’ by the Solar Impulse Foundation. The label is awarded to products, services or processes combining credible environmental and economic performance. It also means that Simfocor joins the Solar Impulse Foundation’s list of products selected for their contribution to clean economic growth.

Simfocor is part of the ‘Recticel Silence’ insulation range and is currently sold in France and Spain. It is a polyurethane insulation board that is marketed for both its acoustic and thermal insulation properties. The product is made of recycled polyurethane foams sourced from discarded mattresses.

Published in Global Insulation News
Tagged under
  • Belgium
  • Recticel
  • Product
  • certification
  • Solar Impulse Foundation
  • Sustainability
  • acoustics
  • Polyurethane
  • recycling

SIG’s revenues grow in 2022 despite softer second half

Written by Global Insulation staff
13 February 2023

UK: SIG’s sales revenue grew by 17% year-on-year to Euro3.12bn in 2022 on a like-for-like basis. Market demand fell in the second half of the year with particularly slowed growth in Poland and Ireland although growth increased in the Benelux region. The group said that its commercial strategy had strengthened its positions in the markets in which it operate. It observed that although input price inflation eased in the second half of 2022 it had slowed revenue growth. The company also reported a one-off loss of around Euro5.60m in the second half due to Avonside, a large UK-based roofing contractor and one of the group's largest customers, entering financial administration.

Published in Global Insulation News
Tagged under
  • UK
  • SIG
  • Results
  • GGM52
  • Poland
  • Ireland
  • Benelux Region
  • inflation
  • Avonside Group
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