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Hamed Saber wins RIMA International’s Alexander Schwartz Award
Written by Global Insulation staff
23 April 2024
US: Hamed Saber has won the Reflective Insulation Manufacturers Association (RIMA) International’s Alexander Schwartz Award. The awarded recognises notable reflective products industry representatives who have advanced the industry through their contributions. Saber has authored over 150 papers, with sponsors including the US Department of Energy, American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the Oak Ridge National Laboratory. RIMA International said that Saber’s work has been instrumental in progressing the industry from one-dimensional to three-dimensional analysis within the industry, which it called the ‘third spike’ in the history of reflective insulation technology.
The association said “RIMA International is pleased to recognise Dr Hamed Saber for all he has contributed on behalf of this organisation and the industry it represents throughout his professional career. The industry has benefited greatly from his efforts, and it couldn’t go to a more deserving person.”
Study quantifies UK housing stock’s insulation shortfall
Written by Global Insulation staff
12 April 2024
UK: Only 18% of UK housing stock conforms with standards set in 2002, according to a study by utilities provider EDF and property data company Sprift. This represents a rise from 7.5% in the previous study conducted in May 2022. 41% of homes fail to meet standards set later than 1976, down from 60% in May 2022. The average ‘insulation age’ of UK housing is 41 years old, 11% younger than the age of 46 years old recorded in the previous study.
Kingspan acquires Karl Bachl’s Ronneburg stone wool insulation plant
Written by Global Insulation staff
09 April 2024
Germany: Kingspan acquired the Ronneburg stone wool insulation plant in Thuringia from Karl Bachl on 4 April 2024. Karl Bachl says that the divestment will help it to concentrate more on its core business. Besides insulation, the company also supplies construction services, prefabricated buildings and stone and precast concrete elements.
Ireland-based Kingspan plans to use the acquisition to grow its production capacity and ‘complete’ its insulation product offering.
Hungarian government introduces €280m home improvement subsidy scheme
Written by Global Insulation staff
08 April 2024
Hungary: The government plans to avail citizens of €280m in subsidy for residential refurbishments that increase efficiency, beginning in June 2024. The initiative aims to help renovate 20,000 homes, installing new insulation, boilers, doors and window frames. Local press has reported that that homeowners who contribute €2800 may receive up to €16,800. The goal of the scheme is to reduce gas consumption in line with EU policy. It has backing from the EU's Recovery and Resilience Facility, and is expected to generate €650m in additional orders for Hungarian building materials producers.
Hirsch Servo Group to acquire Tyron
Written by Global Insulation staff
02 April 2024
Poland: Austria-based Hirsch Servo Group has concluded a deal to acquire expanded polystyrene (EPS) insulation producer Tyron. Hirsch Servo Group previously acquired EPS assets in Romania through its takeover of Arcon’s insulating materials division in 2016.
APA Economic News has reported that Hirsch Servo Group chair Harald Kogler said "By entering the Polish insulation market, we not only see a significant expansion of our product portfolio but also important impulses for our already established production sites in Wrocław and Łódź, which primarily focus on packaging production."