US: Having outgrown its offices in Mebane, North Carolina, insulation manufacturer Armacell is relocating its American headquarters to Chapel Hill, North Carolina.

Armacell's Americas headquarters has been located in Mebane for the past 15 years. The company produces insulation materials used in fire protection, product padding and noise control products. Its parent company, Armacell International Holding GmbH, is based in Germany.

Jodi Cheek, General Manager of Human Resources for Armacell's Americas region, said that the move would free up space in the Mebane facility for its customer service, research and development and technical support staff. Armacell's Mebane facility encompasses more than 444,000ft² of building space, including a manufacturing facility, warehouse, research and development space and offices.

Bulgaria: Bulgarian insulation materials producer Hydroizomat said that its net loss rose to Euro613,600 in the first nine months of 2015 from Euro92,201 in the same period of 2014. Its operating loss jumped to Euro511,219 from Euro29,708 in the year-ago period. The company's total revenue plunged to Euro226,908 in the first nine months of 2015 from Euro482,499 in the same period of 2014.

Iran: China National Building Material Company (CNBM) and the Industrial Development and Renovation Organisation of Iran, affiliated with the Industries Ministry, have signed a US$74m contract to build a 30,000t/yr fibreglass and composite manufacturing plant in Marand, East Azarbaijan Province. The capacity could be tripled if Tehran is satisfied with the performance of the Chinese company. As much as US$50m of the capital needed for equipment imports will be financed by Chinese banks while Tehran will provide the rest of the capital covering procurement of domestically-made equipment and construction costs. The project is scheduled to complete in 24 months.

Poland: Faist ChemTec has launched a second production line at its plant in Zlotoryja, which produces acoustic insulation materials for the automotive industry and for the producers of electrical household appliances. Thanks to the investment, some 25 new jobs will be created. Financial details of the project have not been disclosed.