Ireland: Kingspan Group’s sales fell by 3% year-on-year to Euro1.03bn in the first quarter of 2020. It said that the coronavirus-related lockdowns did not ‘significantly’ impact activity for most of the reporting period although the, “landscape changed markedly from the middle of March onward.” The UK and Germany reported improvements, the Americas did well and both Australasia and the Middle East saw rising orders. Insulation board sales were strongly impacted by falling prices. Looking forward the group said that its global sales fell by nearly 35% year-on-year as various construction markets were closed down.
Jessica Jonasson appointed as Senior Vice President for Group Human Resources at Rockwool
Denmark: Rockwool International has appointed Jessica Jonasson as Senior Vice President for Group Human Resources and a member of group management. She succeeds Camilla Grönholm, who after eight years with Rockwool, has decided to return to Finland, spend more time with family and to pursue non-executive work.
Jonasson, a Swedish national, currently holding the position of Vice President for Human Resources at ASSA ABLOY Entrance Systems, based in Sweden. She is expected to start her new position at Rockwool in August 2020 after a transitional period following Grönholm’s departure at the end of May 2020.
Knauf Insulation launches ‘As Safe As Home’ marketing campaign
Germany: Knauf Insulation has launched its ‘As Safe As Home’ marketing campaign to promote health and safety issues in relation to new working environments created by the coronavirus pandemic. Chief executive officer (CEO) Jean-Claude Carlin said, “Safety has always been our first priority but when the crisis hit our business, it inspired the best in us. We learnt to create places that are safer than ever. Safety had to be everywhere for everyone. At home. At work. 24/7. Having achieved so much, this approach can now never be compromised.”
Kingspan Somerton plant receives six star Green Star
Australia: The Green Building Council of Australia has awarded Kingspan’s Somerton phenolic foam insulation plant for ‘leadership in sustainability, innovation, and promotion of more energy efficient building stock across nine impact areas.’
Green Building Council of Australia CEO Davina Rooney said, “What sets this project apart is that it is the first manufacturer to pursue and deliver performance certification, representing world leadership in sustainable building practices.” Kingspan Insulation Australia managing director Scott Gibson said, “Our facility in Somerton proves that with some effort, and using the right products, we can build better manufacturing buildings in Australia, not just offices and residential. I hope that more manufacturers decide to take this challenge on in the future.”
Davy Stockbrokers has predicted that Kingspan’s profit will fall by 27% year-on-year to Euro365m in 2020, according to the Irish Independent newspaper.


