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Nichias Corporation to dissolve Kimitsu Rockwool Corporation

Written by Global Gypsum staff
19 May 2025

Japan: Nichias Corporation has resolved to dissolve its stone wool subsidiary Kimitsu Rockwool Corporation and filed for its liquidation. In a filing to the Tokyo Stock Exchange, the group said that Kimitsu Rockwool Corporation ceased production in March 2024, amid ‘soaring’ energy and raw materials costs. It has completed disposal of its production equipment.

Published in Global Insulation News
Tagged under
  • Nichias Corporation
  • Japan
  • Kimitsu Rockwool Corporation
  • Closure
  • equipment
  • costs
  • liquidation
  • GGM65

Metigla announces €15m Ceptura metal roofing systems plant upgrade

Written by Global Insulation staff
09 May 2025

Romania: Belgium-based Metigla plans to invest €15m in an automation upgrade and expansion to its Ceptura, Prahova, plant, which produces insulated metal roofing systems. Romania-Insider News has reported that the plant produces its own mineral wool insulation panels, along with other components for its roofing systems.

CEO Olivier Somers said the company prioritises long-term growth through local production and innovation. Metigla recorded sales of €27.5m in 2024, approximately €4.13m (15%) of which was through exports. Somers added "Romania remains our centre of gravity, and the Ceptura factory is a clear expression of how local excellence can have an international impact.”

Published in Global Insulation News
Tagged under
  • Metigla
  • metal roofing systems
  • Plant
  • Upgrade
  • Expansion
  • Strategy
  • Exports
  • Sales
  • Romania
  • GGM65

Masterplast to cease publishing financial forecasts amid ‘unpredictable’ economy

Written by Global Insulation staff
01 May 2025

Hungary: Masterplast has unveiled a new strategy for increasing internal flexibility and reducing exposure to an ‘extremely unpredictable’ global economic environment. MTI – EcoNews has reported that the producer will no longer publish numerical financial forecasts. It will additionally focus on inventory and cash-flow management and monitoring market feedback. Preparation is underway for ‘multiple scenarios,’ including slow, moderate and rapid global economic growth.

Masterplast expects to commence operations at its upcoming Szerencs glass wool plant in Borsod-Abaúj-Zemplén county in mid-2025.

Published in Global Insulation News
Tagged under
  • Masterplast
  • finance
  • Strategy
  • outlook
  • GGM64

Energystore launches Spacebead aerogel-based injected insulation

Written by Global Insulation staff
30 April 2025

UK/Ireland: UK-based Energystore has launched Spacebead, an expanded polystyrene (EPS) bead injected insulation containing aerogel and adhesive, on the UK and Irish markets. The Spacebead offers thermal conductivity of 0.029W/mK and is especially suited to use in limited cavity space. The producers say that this will help customers in the English market to easily conform to the upcoming Future Homes Standard for energy efficiency of new buildings there.

Published in Global Insulation News
Tagged under
  • UK
  • Energystore
  • Ireland
  • Product
  • expanded polystyrene beads
  • EPS
  • Aerogel
  • adhesive
  • Launch
  • standards
  • performance
  • energy efficiency
  • construction
  • housing
  • Residential Building Code
  • GGM64

Russia raises mineral wool imports in first quarter of 2025

Written by Global Insulation staff
28 April 2025

Russia: The mineral wool market consumed ‘record’ volumes of imports in the first quarter of 2025, market research by ROIF Expert has revealed. Uzbek mineral wool has replaced that from Poland and Lithuania as dominant among imports. The Russia-based agency has reported that domestically-produced mineral wool rose in price amid on-going ‘adjustments’ in production volumes.

Published in Global Insulation News
Tagged under
  • Russia
  • Mineral Wool
  • market
  • trade
  • import
  • war
  • sanctions
  • EU
  • Poland
  • Lithuania
  • Uzbekistan
  • GGM64
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