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Va-Q-Tec’s insulation products sales rise in 2018
Written by Global Insulation staff
12 March 2019
Germany: Va-Q-Tec’s revenue grew by 8% year-on-year to Euro50.7m in 2018 from Euro46.9m in 2017. Sales from its Products business, including vacuum insulation panels (VIP) and phase change materials (PCM), increased by 12% to Euro20.1m from Euro18m. However, its earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 58% to Euro3m from Euro7.2m. It blamed the fall in earnings on a rise in sales from its lower-margin Products business and investment costs in the company generally.
“Even though business trends in 2018 fell short of our expectations, the outlook at the end of the year brightened considerably. We have completed all of our major growth investments, we have achieved important progress with projects for major customers,” said Stefan Döhmen, the chief financial officer (CFO) of Va-Q-Tec.
SIG focuses on profit over sales in 2018
Written by Global Insulation staff
08 March 2019
UK: SIG’s revenue fell by 1.2% year-on-year to Euro3.13bn in 2018 from Euro3.17bn in 2017. Its profit before tax rose by 8.5% to Euro87.8m from Euro80.9m. The group blamed its falling sales on ‘challenging’ market conditions and a focus on profit over sales volumes. It reported a weakening construction market in 2018 and its UK and Ireland sales fell by 10.6%. Despite slowing markets in France and Germany, its mainland Europe sales remained stable in 2018.
“As expected, our transformation strategy began to deliver during the year and we saw significant operational and financial progress in the second half. Despite challenging market conditions and lower revenue in our largest markets, our focus on pricing and profitability over volume, coupled with tighter control over operating costs, has enabled us to grow our gross margins and profit,” said chief executive officer (CEO) Meinie Oldersma.
Knauf Insulation’s Earthwool RainScreen Slab product earns British Board of Agrément certification
Written by Global Insulation staff
08 March 2019
UK: Knauf Insulation’s Earthwool RainScreen Slab product has been certified by the British Board of Agrément (BBA) for use in high-rise residential applications. The BBA certification follows the December 2018 update to Approved Document B, which mandates the use of non-combustible materials achieving a Euroclass Reaction to Fire Classification of A1 or A2 s1-d0 in the external walls of certain buildings over 18m in height.
“Non-combustible insulation is the best choice for architects, specifiers and contractors as it will not contribute to the development or spread of fire” said Steve Smith, Head of Product Management and Business Intelligence at Knauf Insulation.
UK and French universities investigating using waste materials as alternative insulation materials
Written by Global Insulation staff
08 March 2019
UK/France: A project between the University of Bath, University of Brighton, UniLaSalle in Rouen and five other academic and non-academic partners, and funded under the Interreg VA France (Channel) England programme, is investigating the performance of a range of waste materials and bio-based co-products as alternative building insulation materials. Three different materials are being evaluated: wheat straw bales, rapeseed stalks (processed into bio-composite) and recycled duvets.
A research team at the University of Bath is testing and comparing the thermal performance of each of the insulation materials by constructing three identical prototype wall panels, each containing one of the materials. Their performances will be compared and contrasted with each other as well as against industry standard insulation used currently in most buildings. The panels are 150mm thick by 1.1m2 and fitted with 9mm plywood either side, similar to how insulation is commonly installed within buildings. Each panel contains a number of probes to measure relative humidity, interior and exterior temperature, and heat flux. The panels will undergo six weeks of consecutive testing in an environmental chamber at the University’s Building Research Park. There will be two tests – a steady state and a non-steady state temperature test.
“This is the first time these materials will have been tested in such a robust scientific way, allowing us to accurately assess their thermal performance against each other as well as against industry standard insulation,” said Shawn Platt, Research Associate in the University of Bath’s Department of Architecture & Civil Engineering.
Kathy Miks elected Vice Chair of Spray Foam Coalition Leadership Committee
Written by Global Insulation staff
06 March 2019
US: Kathy Miks, spray foam Product Manager at Johns Manville, has been elected as the Vice Chair of the Spray Foam Coalition, an organisation of companies that produce and sell polyurethane spray foam insulation systems and the chemicals and equipment necessary for their use. As Vice Chair, Miks will work alongside the organisation’s Chair to lead efforts aimed at educating and promoting spray foam and its benefits. She will serve as Vice Chair through December 2019, and then transition to the position of Chair through 2021.
Miks is an accomplished industry professional, bringing more than 18 years of experience to the role. In her current position as Product Manager, Miks oversees the spray polyurethane foam and polyiso wall system portfolios for the Johns Manville Building Insulation division. In addition to her full-time role with Johns Manville and new responsibilities with the Spray Foam Coalition, Miks is on the steering committee for the Polyisocyanurate Insulation Manufacturers Association. Miks holds a bachelor’s degree in engineering from the Colorado School of Mines.
The Spray Foam Coalition was founded in 2010 by the American Chemistry Council’s Center for the Polyurethanes Industry to promote the use of spray polyurethane foam and its benefits in US applications, provide a forum for helping shape public policy and support the safe manufacture, transport and application of the product.