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Insulation sales down at Owens Corning in first half of 2020

Written by Global Insulation staff
31 July 2020

US: Net sales from Owens Corning’s insulation division fell by 4% year-on-year to US$1.2bn in the first half of 2020 from US$1.25bn in the same period in 2019. Earnings before interest and taxation (EBIT) rose by 6% to US$71m from US$57m. Overall, across all business lines, sales fell at the company. The company said that the key economic factors that continue to impact its performance were, “global industrial production, US housing starts, and global commercial and industrial construction activity.”

Published in Global Insulation News
Tagged under
  • US
  • Owens Corning
  • Results

Stepan increases income by 15% in first half of 2020

Written by Global Insulation staff
27 July 2020

US: Stepan has recorded a first-half income before tax of US$63.4m, up by 15% year-on-year from US$55.2m in the first half of 2020. Net sales were US$910m, down by 5.4% year-on-year from US$962m. Polymer sales, which includes sales of Stepan’s rigid foam insulation polyols, fell by 20% to US$112m from US$141m due to lower North American and European demand, “reflecting Covid-19 construction project delays,” according to the company. This was partly offset by increased sales volumes of 41% from its China division.

Published in Global Insulation News
Tagged under
  • US
  • Stepan
  • Results
  • China
  • coronavirus

DuPont to launch extruded polystyrene foam insulation product with lower greenhouse gas emissions

Written by Global Insulation staff
17 July 2020

US: DuPont plans to launch new extruded polystyrene foam insulation products in its Styrofoam brand with reduced global warming potential (GWP) from the start of 2021 to meet its 2030 Sustainability Goals and comply with adopted and upcoming state and provincial hydrofluorocarbon (HFC) regulations throughout the US and Canada. The company also expects a reduction in embodied carbon to be reflected in an updated Environmental Product Declaration (EPD), which will be available with the new products.

"We are taking a thoughtful, phased approach to launching this latest Styrofoam innovation to ensure we are providing a sustainable, code-approved solution that does not sacrifice the performance our customers have come to trust," said Tim Lacey, Global Vice President & General Manager, DuPont Performance Building Solution.

Published in Global Insulation News
Tagged under
  • US
  • DuPont
  • Product
  • Polystyrene
  • Canada
  • Styrofoam
  • Sustainability
  • Environmental Product Declarations

Point.P assembles range of bio-sourced insulation materials

Written by Global Insulation staff
17 July 2020

France: Saint-Gobain’s Point.P construction materials and building products distribution brand has put together a specific range of bio-sourced insulation materials. The materials include wood fibre and hemp-based materials. Point.P says that these products account for 10% of the insulation market. The new range has been developed in response to new expectations expressed by trades professionals and individuals.

Published in Global Insulation News
Tagged under
  • France
  • PointP
  • SaintGobain
  • Product
  • wood fibre
  • hemp
  • marketing

Knauf Insulation develops product to measure fabric thermal performance of a building

Written by Global Insulation staff
17 July 2020

UK: Knauf Insulation has developed a tool that uses machine learning techniques to measure the energy performance of individual homes. The method can generate an assessment of fabric performance of a residential building within three months, according to BusinessGreen. The product is intended to provide evidence to support the building fabric component of a building's energy performance certificate (EPC) rating, as opposed to Standard Assessment Procedure (SAP) calculations. Such evidence could be used to support return on investment calculations for energy efficiency retrofit programmes.

Published in Global Insulation News
Tagged under
  • UK
  • Knauf Insulation
  • energy performance certificate
  • building envelope
  • Product
  • energy efficiency
  • Standard Assessment Procedure
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